About WeWork
WeWork is a company based in New York (United States) founded in 2010 by Adam Neumann was acquired by Rentberry in February 2024. It operates as a Subscription Services, and Pay-per-Use / Usage-Based. WeWork has raised $12.75 billion across 22 funding rounds from investors including Fidelity Investments, Goldman Sachs and J P Morgan. WeWork has completed 18 acquisitions, including CASE, CommonDesk and Conductor. WeWork offers products and services including Private Office Space, Coworking Membership, and Enterprise Solutions. WeWork operates in a competitive market with competitors including Industrious, myHQ, BHIVE Workspace, IndiQube and Convene, among others.
- Headquarter New York, United States
- Founders Adam Neumann
- 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 Wework Companies Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.75 B (USD)
in 22 rounds
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Latest Funding Round
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Investors
Fidelity Investments
& 15 more
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Employee Count
Employee Count
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Investments & Acquisitions
CASE
& 17 more
- Acquired by
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Products & Services of WeWork
WeWork offers a comprehensive portfolio of products and services, including Private Office Space, Coworking Membership, and Enterprise Solutions. 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.
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.
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Sales and Marketing
81 people
Software Development Team
74 people
Leadership Team
69 people
Senior Team
29 people
Operations Team
29 people
Legal and Compliance
26 people
Creative and Marketing Team
13 people
Human Resources and Administration
13 people
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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 Total Funding
- Total Rounds 22
- Last Round Last Round
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First Round
First Round
(25 Oct 2011)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Post-IPO - WeWork | Valuation |
investors |
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| Oct, 2021 | Amount | Post-IPO - WeWork | Valuation |
investors |
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| Apr, 2021 | Amount | Post-IPO - WeWork | 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 |
Investors in WeWork
WeWork has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Goldman Sachs and J P Morgan. 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 |
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early & growth stage tech and life sciences focused VC firm investing primarily in China and the US
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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VC & PE firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WeWork
WeWork has strategically engaged in corporate development activities, having acquired 18 companies. Notable acquisitions include CASE, CommonDesk and Conductor. 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
|
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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A digital platform is provided for casino player communication.
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2016 | ||||
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A one-year blended program for career skills development is provided.
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2016 | ||||
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SaaS-based software for workplace management in commercial spaces is delivered.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - WeWork
| 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 |
Wework Comparisons
Competitors of WeWork
WeWork 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 Industrious, myHQ, BHIVE Workspace, IndiQube and Convene, 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 workspace solutions are provided for teams and individuals.
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| domain | founded_year | HQ Location |
Shared office memberships are booked through an online marketplace.
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| domain | founded_year | HQ Location |
Flexible workspace solutions, including coworking and managed offices, are offered.
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| domain | founded_year | HQ Location |
Flexible workspace solutions are provided for enterprises, startups, and SMBs.
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| domain | founded_year | HQ Location |
Managed co-working spaces with conference rooms and amenities are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Wework
Frequently Asked Questions about WeWork
When was WeWork founded?
WeWork was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is WeWork located?
WeWork is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of WeWork?
John C Santora is the current CEO of WeWork.
Is WeWork a funded company?
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 Post-IPO of $26.73M, raised on Oct 25, 2011.
What does WeWork do?
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.
Who are the top competitors of WeWork?
WeWork's top competitors include Convene, Industrious and IndiQube.
What products or services does WeWork offer?
WeWork offers Private Office Space, Coworking Membership, and Enterprise Solutions.
How many acquisitions has WeWork made?
WeWork has made 18 acquisitions, including CASE, CommonDesk, and Conductor.
Who are WeWork's investors?
WeWork has 16 investors. Key investors include Fidelity Investments, Goldman Sachs, J P Morgan, Rentberry, and Cushman & Wakefield.
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