Tech Company Financing Transactions

WeWork Funding Round

WeWork, operating out of New York, secured $430 million in investment from Hony Capital, Legend Holdings and private investors.

Transaction Overview

Company Name
Announced On
3/10/2016
Transaction Type
Venture Equity
Amount
$430,000,000
Round
Series F
Investors

Hony Capital (Lead Investor) (John Zhao)

Legend Holdings (Lead Investor)

Proceeds Purpose
In Asia, company executives said they would proceed at a measured pace, seeing how the first offices fare. But they hope to quickly expand and make Asia a large portion of the business. Cities including Beijing and Hong Kong are first on the company's list.

Company Information

Company Status
Private & Independent
Industry
Real Estate
Mailing Address
115 W 18th St. 4th Floor
New York, NY 10011
USA
Phone
Undisclosed
Email Address
Overview
WeWork members are incredibly diverse, ranging from the startup, freelancer, and artist to the small business and large multinational. One thing we all share is an entrepreneurial spirit and desire to be part of something larger than ourselves. Together, we are empowered to achieve more than we ever could on our own.
Profile
WeWork LinkedIn Company Profile
Social Media
WeWork Company Twitter Account
Company News
WeWork News
Facebook
WeWork on Facebook
YouTube
WeWork on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Adam Neumann
  Adam Neumann LinkedIn Profile  Adam Neumann Twitter Account  Adam Neumann News  Adam Neumann on Facebook
Chief Operating Officer
Christopher Hill
  Christopher Hill LinkedIn Profile  Christopher Hill Twitter Account  Christopher Hill News  Christopher Hill on Facebook
Chief Technical Officer
Laurent Paris
  Laurent Paris LinkedIn Profile  Laurent Paris Twitter Account  Laurent Paris News  Laurent Paris on Facebook
Co-Founder
Miguel McKelvey
  Miguel McKelvey LinkedIn Profile  Miguel McKelvey Twitter Account  Miguel McKelvey News  Miguel McKelvey on Facebook
Co-Founder
Rebekah Neumann
  Rebekah Neumann LinkedIn Profile  Rebekah Neumann Twitter Account  Rebekah Neumann News  Rebekah Neumann on Facebook
VP - Bus. Development
Matthew Shampine
  Matthew Shampine LinkedIn Profile  Matthew Shampine Twitter Account  Matthew Shampine News  Matthew Shampine on Facebook


 

 

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Prev: 3/10/2016: Confide venture capital transaction
Next: 3/10/2016: HealthTell venture capital transaction

 

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We report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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