About The Wing
The Wing is a company based in New York (United States) founded in 2016 by Lauren Kassan was acquired by IWG in February 2021.. The Wing has raised $117.62 million across 3 funding rounds from investors including Airbnb, WeWork and Kleiner Perkins. The Wing operates in a competitive market with competitors including WeWork, Industrious, Convene, Mindspace and Selina, among others.
- Headquarter New York, United States
- Founders Lauren Kassan
-
Sectors
Real Estate & Construction
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name The Wing (Uk) 14-16 Great Portland Street Limited
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of The Wing
The Wing has successfully raised a total of $117.62M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $75 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $75.0M
-
First Round
First Round
(03 Apr 2017)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series C - The Wing | Valuation | Sequoia Capital | |
| Nov, 2017 | Amount | Series B - The Wing | Valuation | WeWork |
|
| Apr, 2017 | Amount | Series A - The Wing | Valuation | New Enterprise Associates |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Wing
The Wing has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Airbnb, WeWork and Kleiner Perkins. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Venture capital funding is provided to early-stage companies.
|
Founded Year | Domain | Location | |
|
Venture capital investments are offered to startups by NEA.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by The Wing
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - The Wing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Wing Comparisons
Competitors of The Wing
The Wing 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 Selina, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Flexible office and coworking spaces are provided by WeWork globally.
|
|
| domain | founded_year | HQ Location |
Flexible workspace solutions are provided for teams and individuals.
|
|
| domain | founded_year | HQ Location |
Managed co-working spaces with conference rooms and amenities are offered.
|
|
| domain | founded_year | HQ Location |
Managed co-working spaces are provided for users and landlords.
|
|
| domain | founded_year | HQ Location |
Online platform for booking hostel accommodation and co-working spaces for travelers
|
|
| domain | founded_year | HQ Location |
Managed co-working spaces for women entrepreneurs and freelancers are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on The Wing
Frequently Asked Questions about The Wing
When was The Wing founded?
The Wing was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is The Wing located?
The Wing is headquartered in New York, United States. It is registered at New York, New York, United States.
Is The Wing a funded company?
The Wing is a funded company, having raised a total of $117.62M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.62M, raised on Apr 03, 2017.
What does The Wing do?
The Wing is a provider of a co-working space and offline community space for women entrepreneurs and freelancers. The company provides co-working desks, meeting rooms and community events at its facilities to registered members. Members are entitled to multiple benefits such as access to the internet, locker rooms, lactation rooms, library, on-demand blowouts and to company organized networking events. The company earns revenue through its monthlyyearly subscription-based plans.
Who are the top competitors of The Wing?
The Wing's top competitors include WeWork, Convene and Industrious.
Who are The Wing's investors?
The Wing has 10 investors. Key investors include Airbnb, WeWork, Kleiner Perkins, IWG, and Sequoia Capital.