About WeWork
WeWork is a Real Estate & Construction company based in New York (United States) founded in 2010 by Adam Neumann, and was acquired by Rentberry in February 2024. Flexible office and coworking spaces are provided by WeWork globally. It operates on a Subscription Services and Pay-per-Use / Usage-Based model. WeWork has raised $12.75 billion across 22 funding rounds from investors including Fidelity Investments, Goldman Sachs and J P Morgan. The company has 5,540 employees. WeWork has completed 18 acquisitions, including CommonDesk, Flatiron School and SpaceIQ. WeWork was last valued at $2.9 billion in May 2020. Its chief executive, as recorded, is John C Santora. Its website wework.com draws about 1.7 million monthly visits. Its Indian entity Embassy Buildcon Llp reported revenue of ₹7 Lakh. WeWork offers products and services including Private Office Space, Coworking Membership, and Enterprise Solutions. Its focus areas include Real Estate, Commercial Real Estate and Workspace Solutions. Its competitors include Industrious and Convene; 2 of its 2 listed competitors have raised funding.
Company details
Flexible workspace solutions are offered by WeWork to a diverse clientele, including freelancers, entrepreneurs, and global enterprises. Services such as private offices, coworking spaces, and enterprise-grade real estate solutions are provided across numerous locations worldwide. Operations span various sectors, supporting hybrid work strategies with cost-effective and customizable options. A vast network of over 1,000 locations is maintained, ensuring accessibility and convenience for members in major cities across multiple continents.
- Headquarters New York, United States
- Employees 5,540
- Founders Adam Neumann
- Stage Acquired
- SectorsReal Estate & Construction
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website wework.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by SoftBank Group (Oct 2019)
- Legal Name Wework Companies Llc
- Date of Incorporation 21 Apr, 2016
- Indian entity revenue₹7 Lakh
FY 2021 · +44% YoY
- Indian entity EBITDA₹6,000
FY 2021 · 1% margin
- Total Equity Funding$12.75B (USD)
in 22 rounds
- InvestorsFidelity Investments
& 31 more
- Employee Count5,540
- Investments & AcquisitionsCommonDesk
& 17 more
- Acquired by
Associated legal entities of WeWork
WeWork operates through Embassy Buildcon Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Embassy Buildcon Llp CIN AAG-2031 | Active | 21 Apr 2016 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Products & Services of WeWork
WeWork offers a comprehensive portfolio of products and services, including Private Office Space, Coworking Membership, and Enterprise Solutions.
Move-in ready offices are provided for various team sizes.
Access to shared workspaces is offered on flexible terms.
Customized real estate solutions are designed for large companies.
Apps and channels of WeWork
WeWork publishes 1 mobile app with over 1M+ downloads; its YouTube channel WeWork has 15.8K subscribers and 30 videos.
Videos from WeWork
The most watched videos on WeWork's YouTube channel, WeWork (15.8K subscribers). Click a video to play it here.
More on WeWork.
Funding Insights of WeWork
WeWork has successfully raised a total of $12.75B across 22 strategic funding rounds. 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 $12.75B
- Total Rounds 22
- First Round $1M
(Oct 2011)
- Investors Count 32
Latest 10 of 22 funding rounds of WeWork 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 |
|---|---|---|---|---|---|
| Apr 2024 | Post-IPO | – | – | – | |
| Oct 2021 | $150M | Post-IPO | – | – | |
| Apr 2021 | $26.73M | Post-IPO | – | – | – |
| Sep 2020 | $200M | Series J | – | Trustbridge Partners | – |
| Aug 2020 | $1.1B | Debt – Conventional | – | – | |
| Dec 2019 | $1.75B | Debt – Conventional | – | – | |
| Jan 2019 | $2B | Series J | – | SoftBank Group | – |
| Nov 2018 | $3B | Series I | – | SoftBank Group | – |
| Apr 2018 | $702M | Debt – Conventional | – | – | – |
| Mar 2018 | $400M | Series H | – | – | – |
Last known valuation $2.9B (May 2020). 32 investors in total: 32 institutional.
Investors in WeWork
WeWork has secured backing from 32 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Goldman Sachs and J P Morgan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
early & growth stage tech and life sciences focused VC firm investing primarily in China and the US | trustbridgepartners.com | Shanghai, China | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
VC & PE firm | global.softbank | San Carlos, United States | ||
Venture capital investments in technology and startups. | 2016 | visionfund.com | London, United Kingdom | |
Diversified investments are managed across private equity and real estate. | honycapital.com | Beijing, China | ||
Venture capital investments are offered to promising startups. | benchmark.com | San Francisco, United States | ||
Early-stage venture capital investments are made by this firm. | berkeleyhillscap.com | United States | ||
PE and VC firm investing in mid & late-stage tech companies | hvp.vc | Palo Alto, United States | ||
Growth equity is provided to private internet and software companies. | gladebrookcapital.com | Greenwich, United States | ||
US early-stage tech investments are made by Troy Capital Partners. | troycapitalpartners.com | Los Angeles, United States |
Investor details for WeWork
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Embassy Buildcon Llp (WeWork)
Embassy Buildcon Llp is the primary company behind WeWork. The board of Embassy Buildcon Llp currently have 2 directors; the longest-serving is Jitendra Mohandas Virwani, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jitendra Mohandas Virwani DIN 00027674 | Designated Partner | 21 Apr 2016 | 10 yrs 6 mo | Embassy Buildcon Llp |
| Karan Virwani DIN 03071954 | Designated Partner | 21 Apr 2016 | 10 yrs 6 mo | Embassy Buildcon Llp |
People of WeWork
425 people are tracked at WeWork (148 in leadership, 4 in board & advisors, 273 in team); the tracked headcount is 5,540.
| Name | Role | Group |
|---|---|---|
Adam Neumann | Co-Founder | Leadership |
John C Santora | CEO | Leadership |
Crystal Guo | Head Of Business Development & Strategic Partnership, Greater China | Leadership |
Jack Ortlieb | Market Director, Broker Partnerships (west) | Leadership |
Adam Chromicz | Director Of Product | Leadership |
Katerina Pezati | Senior Director, Head Of Global Sales Strategy And Operations | Leadership |
Oliver Noonan | Leasing Director | Leadership |
You Zhou | Director Of Data Engineering | Leadership |
Kimberly K. | Area Director, Midwest | Leadership |
Kate Rhodes | Vice President, Global Head Of Litigation, Employment Law & Investigations | Leadership |
Haris Totakhail | Vice President, Head Of Leasing & Sales - West | Leadership |
Benjamin Wolfert | Senior Director, Head Of Americas Litigation | Leadership |
Whitney Anderson | Senior Director, RE Transaction Management | Leadership |
Melissa Brooks Visoky | Senior Director, Real Estate | Leadership |
Mary Fenwick-Smith | Head Of Account Operations | Leadership |
Rafael Pérez | Global Head Of Health And Safety | Leadership |
Ryan Connolly | Global Head, Digital Twin And Design Technology | Leadership |
Timothy Rigdon | Director, Legal - Global Privacy | Leadership |
Kate Hasbani | Head Of Legal - Pacific | Leadership |
Billy Lam | Director, Business Technology Operations | Leadership |
405 more people are available in the full profile.
Complete people profiles for WeWork
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of WeWork
Figures of Embassy Buildcon Llp, the primary company behind WeWork, for FY 2021. Revenue was ₹7 Lakh (+44% year on year). EBITDA was ₹6,000 (1% margin). Revenue has grown at a compounded annual rate of +19% over three years.
- ₹7 LakhRevenue · FY 2021 · +44% YoY
- ₹6,000EBITDA · 1% margin
- +19%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Embassy Buildcon Llp are on its company page.
Detailed financial statements for WeWork
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by WeWork
WeWork has strategically engaged in corporate development activities, having acquired 18 companies. Notable acquisitions include CommonDesk, Flatiron School and SpaceIQ.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Managed co-working space in United States. | thecommondesk.com | Dallas, United States | 2012 | Jan 2022 | •••• | |
Platform to book partnered co-working spaces. | spacious.com | New York, United States | 2013 | Aug 2019 | $42M | |
SaaS-based software for workplace management in commercial spaces is delivered. | spaceiq.com | Mountain View, United States | 2016 | Aug 2019 | •••• | |
Smartphone-based access control is enabled for doors and turnstiles. | waltzapp.com | New York, United States | 2015 | Jun 2019 | •••• | |
A digital platform is provided for casino player communication. | islands.im | San Francisco, United States | 2016 | Jun 2019 | •••• | |
Platform providing cleaners, assistants, helpers, and handymen for office space | managedbyq.com | New York, United States | 2014 | Apr 2019 | $220M | |
Consumer behavior analytics solution | geteuclid.com | United States | 2010 | Feb 2019 | •••• | |
Integrated workplace management systems are provided for facility managers. | eptura.com | Atlanta, United States | 2012 | Sep 2018 | $100M | |
A one-year blended program for career skills development is provided. | missionu.com | San Francisco, United States | 2016 | May 2018 | •••• | |
Provider of managed co-working spaces | nakedhub.com | Shanghai, China | 2015 | Apr 2018 | $400M |
Complete acquisition details for WeWork
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of WeWork
16 dated milestones of WeWork across 14 years, from founding to its latest funding, stage changes and deals.
- Founded WeWork is founded.
- Funding First funding round of $1.0M.
- Acquisition Acquires Naked Hub.
- Acquisition Acquires MissionU.
- Acquisition Acquires Eptura.
- Acquisition Acquires Euclid.
- Acquisition Acquires Managed by Q.
- Acquisition Acquires Islands App.
- Acquisition Acquires Waltz App.
- Acquisition Acquires SpaceIQ.
- Acquisition Acquires Spacious.
- Exit Acquired by SoftBank Group.
- Acquisition Acquires CommonDesk.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Rentberry.
- Funding Latest funding round, Post-IPO,.
Competitors of WeWork
WeWork has 2 listed competitors in our database, 2 of them funded. They include Industrious and Convene.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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 WeWork
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of WeWork
The website of WeWork (wework.com) receives about 1.7M visits a month and ranks #33,889 among all websites worldwide, #899 in Business Services.
- Monthly visits1.7M
▲ 11.6% vs previous month
- Unique visitors612K
per month
- Global rank#33,889
among all websites
- Category rank#899
Business and Consumer Services · Business Services
- Bounce rate46%
- Pages per visit3.8
- Average visit2 min 53 sec
- DevicesDesktop 59% · Mobile 41%
Websites whose visitors overlap most with WeWork. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| regus.com | 100% | 1.9M | #33,756 | View details | |
| spacesworks.com | 84% | 352.5K | #163,490 | View details | |
| industriousoffice.com | 83% | 237K | #186,589 | View details | |
green-desk.com | green-desk.com | 81% | – | ||
socialsign.in | socialsign.in | 81% | #204,306 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for WeWork
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Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as WeWork (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 Wework
Complete news archive for WeWork
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Frequently Asked Questions about WeWork
WeWork was founded in 2010 and raised its 1st funding round 1 year after it was founded.
WeWork is headquartered in New York, United States. It is registered at New York, New York, United States.
John C Santora is the CEO of WeWork, as recorded in our data.
WeWork is a funded company, having raised a total of $12.75B across 22 funding rounds to date. The company's 1st funding round was a Series H of $400M, raised on Oct 2011.
WeWork has 5,540 employees.
The primary company behind WeWork, Embassy Buildcon Llp, reported revenue of ₹7 Lakh for FY 2021, up 44% year on year.
Flexible workspace solutions are offered by WeWork to a diverse clientele, including freelancers, entrepreneurs, and global enterprises. Services such as private offices, coworking spaces, and enterprise-grade real estate solutions are provided across numerous locations worldwide. Operations span various sectors, supporting hybrid work strategies with cost-effective and customizable options. A vast network of over 1,000 locations is maintained, ensuring accessibility and convenience for members in major cities across multiple continents.
WeWork's top competitors include Convene and Industrious.
WeWork offers Private Office Space, Coworking Membership, and Enterprise Solutions.
WeWork has made 18 acquisitions, including CommonDesk, Flatiron School, and SpaceIQ.
WeWork has 32 investors. Key investors include Fidelity Investments, Goldman Sachs, J P Morgan, Rentberry, and Cushman & Wakefield.
The valuation of WeWork is $2.9B as of May 2020.