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
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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