About The Wing
The Wing is a Real Estate & Construction company based in New York (United States) founded in 2016 by Lauren Kassan, and was acquired by IWG in February 2021. Provider of a co-working space and offline community space for women entrepreneurs and freelancers. The Wing has raised $117.62 million across 3 funding rounds from investors including Airbnb, WeWork and Kleiner Perkins. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech, CoWorking and Managed. Its legal entity is THE WING (UK) 14-16 GREAT PORTLAND STREET LIMITED. Its competitors include WeWork, Industrious and Convene; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters New York, United States
- Founders Lauren Kassan
- Stage Acquired
- SectorsReal Estate & Construction
- Email••••••••
- Website the-wing.com
- Social LinkedIn X Facebook
- Acquired by IWG (Feb 2021)
- Legal Name The Wing (Uk) 14-16 Great Portland Street Limited
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 $117.62M
- Total Rounds 3
- Last Round Series C — $75M
- First Round $10.62M
(Apr 2017)
- Investors Count 9
All 3 funding rounds of The Wing with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $75M | Series C | – | Sequoia Capital | |
| Nov 2017 | $32M | Series B | – | WeWork | – |
| Apr 2017 | $10.62M | Series A | – | New Enterprise Associates |
10 investors in total: 8 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital funding is provided to early-stage companies. | upfront.com | Los Angeles, United States | ||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Early-stage investments are directed toward female-founded startups by BBG Ventures. | bbgventures.com | New York, United States | ||
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Vacation rentals are booked via an online peer-to-peer platform. | 2008 | airbnb.com | San Francisco, United States | |
Flexible office and coworking spaces are provided by WeWork globally. | 2010 | wework.com | New York, United States | |
JR Julie Rice | unknown_b69cc9c8976e4abd9 | |||
EC Elizabeth Cutler | Co-founder of SoulCycle, active angel investor in wellness and consumer brands. | unknown_2820199d1b804b719 | ||
IWG is recognized as a global leader in hybrid working solutions. | 1989 | iwgplc.com | Zug, Switzerland |
Investor details for The Wing
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of The Wing
1 people are tracked at The Wing (1 in leadership).
| Name | Role | Group |
|---|---|---|
Lauren Kassan | Co-Founder & COO | Leadership |
Complete people profiles for The Wing
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of The Wing
4 dated milestones of The Wing across 5 years, from founding to its latest funding, stage changes and deals.
- Founded The Wing is founded.
- Funding First funding round of $10.6M.
- Funding Latest funding round, Series C, of $75.0M.
- Exit Acquired by IWG.
Competitors of The Wing
The Wing has 3 listed competitors in our database, 3 of them funded. They include WeWork, Industrious and Convene.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wework.com | 2010 | New York, United States | $12.75B | 514 | Flexible office and coworking spaces are provided by WeWork globally. | |
| industriousoffice.com | 2013 | New York, United States | $334.15M | Flexible workspace solutions are provided for teams and individuals. | ||
| convene.com | 2009 | New York, United States | $265.5M | 188 | Managed co-working spaces with conference rooms and amenities are offered. |
Detailed competitors of The Wing
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Web traffic of The Wing
Websites that share an audience with The Wing (the-wing.com).
Websites whose visitors overlap most with The Wing. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| agrosingularity.com | 100% | View details |
Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as The Wing (Real Estate Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | |||
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 1,426 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M |
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Related news about The Wing
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Frequently Asked Questions about The Wing
The Wing was founded in 2016 and raised its 1st funding round 1 year after it was founded.
The Wing is headquartered in New York, United States. It is registered at New York, New York, United States.
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 2017.
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.
The Wing's top competitors include WeWork, Convene and Industrious.
The Wing has 10 investors. Key investors include Airbnb, WeWork, Kleiner Perkins, IWG, and Sequoia Capital.
The Wing operates through The Wing (Uk) 14-16 Great Portland Street Limited.
Yes. The Wing was acquired by IWG in February 2021.