About IWG
IWG is a company based in Zug (Switzerland) founded in 1989 by Jan Speelman, Melvin Ter Heerdt, and Mark Dixon. It operates as a Managed Services, Subscription Services, and Franchise / Licensing. The company has 10,000 employees as of December 31, 2024. IWG has completed 3 acquisitions, including BizDojo, Spaces Works and The Wing. IWG offers products and services including Office Space, Coworking Membership, Virtual Office, Meeting Rooms, and Workplace Recovery. IWG operates in a competitive market with competitors including WeWork, Industrious, Convene, Mindspace and JustCo, among others.
- Headquarter Zug, Switzerland
- Employees 10000 as on 31 Dec, 2024
- Founders Jan Speelman, Melvin Ter Heerdt, Mark Dixon
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name International Workplace Group Plc
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Annual Revenue
$3.68 B (USD)-2.93as on Dec 31, 2024
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Net Profit
$17.65 M (USD)108.46as on Dec 31, 2024
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EBITDA
$412.8 M (USD)10.69as on Dec 31, 2024
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Latest Funding Round
$393.37 M (USD), Post-IPO
May 27, 2020
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Investors
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Employee Count
10000
as on Dec 31, 2024
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Investments & Acquisitions
BizDojo
& 2 more
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IPO & Listings of IWG
IWG is a publicly listed company on the LSE with ticker symbol IWG in UK, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of IWG
IWG offers a comprehensive portfolio of products and services, including Office Space, Coworking Membership, Virtual Office, Meeting Rooms, and Workplace Recovery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Office spaces are provided for businesses of all sizes.
Coworking memberships are offered for flexible working environments.
Virtual office services are provided for remote business needs.
Meeting rooms are available for business gatherings and discussions.
Workplace recovery solutions are offered for business continuity planning.
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Software Development Team
127 people
Sales and Marketing
105 people
Leadership Team
100 people
Finance and Accounting
30 people
Operations Team
20 people
Product Management Team
13 people
Head Team
11 people
Senior Team
8 people
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Funding Insights of IWG
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $393.4M
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First Round
First Round
(27 May 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2020 | Amount | Post-IPO - IWG | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by IWG
IWG has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include BizDojo, Spaces Works and The Wing. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of a co-working space and offline community space for women entrepreneurs and freelancers
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2016 | ||||
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Co-working spaces are offered for professionals in collaborative settings.
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2009 | ||||
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Co-working spaces are provided globally to professionals and startups.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - IWG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iwg Comparisons
Competitors of IWG
IWG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, Industrious, Convene, Mindspace and JustCo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Flexible office and coworking spaces are provided by WeWork globally.
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| domain | founded_year | HQ Location |
Flexible workspace solutions are provided for teams and individuals.
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| domain | founded_year | HQ Location |
Managed co-working spaces with conference rooms and amenities are offered.
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| domain | founded_year | HQ Location |
Managed co-working spaces are provided for users and landlords.
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| domain | founded_year | HQ Location |
Managed co-working spaces are provided for freelancers and companies.
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| domain | founded_year | HQ Location |
Real estate development and management are conducted for commercial properties.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Iwg
Frequently Asked Questions about IWG
When was IWG founded?
IWG was founded in 1989 and raised its 1st funding round 31 years after it was founded.
Where is IWG located?
IWG is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.
Who is the current CEO of IWG?
Jan Speelman is the current CEO of IWG. They have also founded this company.
How many employees does IWG have?
As of Dec 31, 2024, the latest employee count at IWG is 10,000.
What is the annual revenue of IWG?
Annual revenue of IWG is $3.68B as on Dec 31, 2024.
What does IWG do?
IWG is established as a pioneer in hybrid working, supporting over 8 million people across thousands of locations worldwide. Workspace solutions are provided, including office spaces, coworking memberships, virtual offices, meeting rooms, and workplace recovery services. Operations span six continents, covering various time zones and languages. Customizable and flexible programs are offered for businesses of all sizes, with a focus on sustainability and employee wellbeing. A proven 6-step process is implemented to assist complex organizations in transitioning to hybrid models. The company is trusted by major global corporations for innovative workspace solutions.
Who are the top competitors of IWG?
IWG's top competitors include WeWork, Convene and Industrious.
What products or services does IWG offer?
IWG offers Office Space, Coworking Membership, Virtual Office, Meeting Rooms, and Workplace Recovery.
Is IWG publicly traded?
Yes, IWG is publicly traded on LSE under the ticker symbol IWG.
How many acquisitions has IWG made?
IWG has made 3 acquisitions, including BizDojo, Spaces Works, and The Wing.
What is IWG's ticker symbol?
The ticker symbol of IWG is IWG on LSE.
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