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WeWork - About the company

WeWork is an acquired company based in New York City (United States), founded in 2010. It operates as a Provider of flexible workspace solutions, including coworking spaces and private offices. WeWork has raised $12.8B in funding from investors like SoftBank Group, Fidelity Investments and Benchmark, with last known valuation of $2.9B. The company has 1554 active competitors, including 107 funded and 66 that have exited. Its top competitors include companies like Smartworks, Industrious and Convene.

Sectors and market segments that WeWork operate in

WeWork serves in the Real Estate and Construction Tech market segments.The primary business model of WeWork is:

Company Details

Provider of flexible workspace solutions, including coworking spaces and private offices. The company delivers workspace solutions for various team sizes and business needs. It offers flexible real estate options, including access to shared workspaces and furnished offices. The company also provides technology to streamline space management and employee collaboration.
Social
XFacebook
Email ID
*****@wework.co.in
Phone Number
+1 **********
Key Metrics
Founded Year
2010
Location
New York City, United States
Stage
Acquired
Total Funding
$12.8B in 21 rounds
Last Known Valuation
$2.9B as on May 18, 2020
Ranked
Annual Revenue
$3.24B as on Dec 31, 2022
Employee Count
5,582 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Rentberry (Feb 16, 2024)

WeWork's acquisition details

WeWork got acquired by Rentberry and Berkeley Hills Capital on Feb 16, 2024.
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WeWork's funding and investors

WeWork has raised a total funding of $12.8B over 21 rounds. Its first funding round was on Oct 12, 2011. WeWork has 35 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of WeWork:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 16, 2024
Undisclosed
Post IPO
-
-
-
-
Oct 29, 2021
$150M
Post IPO
-
-
-
Sep 23, 2020
$200M
Series J
-
-
-
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WeWork's founders and board of directors

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Here are the details of WeWork's key team members:

WeWork's employee count trend

WeWork has 5,582 employees as of Mar 26. Here is WeWork's employee count trend over the years:
Employee count trend for WeWork
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WeWork's Competitors and alternates

Top competitors of WeWork include Smartworks, Industrious and Convene. Here is the list of Top 10 competitors of WeWork, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Smartworks
Smartworks
2016, Gurugram (India), Public
Operator of ready-to-use office spaces with integrated technology and amenities
$69.9M
81/100
2nd
Logo for WeWork
WeWork
2010, New York City (United States), Acquired
Provider of flexible workspace solutions, including coworking spaces and private offices
$12.8B
80/100
3rd
Logo for Industrious
Industrious
2013, New York City (United States), Acquired
Operator of flexible workspaces offering private offices and coworking solutions
$334M
77/100
4th
Logo for Convene
Convene
2009, New York City (United States), Acquired
Company that designs and operates a network of meeting, event, and flexible office spaces
$266M
76/100
5th
Logo for IndiQube
IndiQube
2015, Bengaluru (India), Public
Provider of a flexible workspace solutions for businesses
$45M
75/100
6th
Logo for JustCo
JustCo
2011, Singapore (Singapore), Series C
Provider of managed co-working spaces for freelancers, startups, and small & large companies
$86M
73/100
7th
Logo for 91Springboard
91Springboard
2012, Mumbai (India), Series B
Operator of shared workspaces, private offices, and virtual office solutions
$29.2M
72/100
8th
Logo for DevX
DevX
2017, Ahmedabad (India), Public
Provider of managed office spaces and coworking environments for businesses
$16.1M
71/100
9th
Logo for Bhive
Bhive
2014, Bengaluru (India), Seed
Chains providing coworking and managed office spaces with flexible options
$3.09M
69/100
10th
Logo for iSprout
iSprout
2016, Hyderabad (India), Seed
Provider of adaptable workspaces featuring amenities, services, and collaborative environments
$7.61M
68/100
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WeWork's Investments and acquisitions

WeWork has made 17 investments in companies including Zoapi and Upflex. WeWork has also acquired 13 companies including CommonDesk and Spacious.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Oct 13, 2022
Investments
2019
Bengaluru (India)
May 25, 2022
Investments
2018
New York City (United States)
Jan 25, 2022
Acquisition
2012
Dallas (United States)
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News related to WeWork

lockFilter this list
Media has covered WeWork for a total of 55 events in the last 1 year, 30 of them have been about company updates and 5 about partnerships.
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FAQs about WeWork

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