Tech Company Financing Transactions
WeWork Funding Round
On 8/28/2017, WeWork raised $4.4 billion in investment from SoftBank Group.
Transaction Overview
Company Name
Announced On
8/28/2017
Transaction Type
Venture Equity
Amount
$4,400,000,000
Round
Undisclosed
Investors
SoftBank Group (Masayoshi Son)
Proceeds Purpose
The investment from SoftBank is broken into several parts. It will spend $3 billion to buy shares from WeWork directly, as well as from current shareholders who want to sell. WeWork declined to provide terms for the transactions.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
115 W 18th St. 4th Floor
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Neumann
Chief Operating Officer
Christopher Hill
Chief Technical Officer
Laurent Paris
Co-Founder
Miguel McKelvey
Co-Founder
Rebekah Neumann
VP - Bus. Development
Matthew Shampine
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Where The Data Comes From
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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