WeWork

Shared workspace community & office services

WeWork logo
1001+ employees
  • B2B
  • Office
Chelsea, New York, NY

Company mission

To create environments where people and companies come together and do their best work.

Top investors

-6% employee growth in 12 months

Our take

WeWork is a commercial real estate company that pioneered the shared workspace market, providing spaces for anyone from freelancers to Fortune 500s. Traditional leases typically require businesses to commit to an office for 5-10 years, whilst WeWork allows its members to scale up from a single hot desk to a private office or custom-built suite, depending on their needs.

WeWork has hundreds of locations across the globe, with hundreds of thousands of members. While its initial rapid growth and dominance in key global hubs was impressive, it has since had to scale back and strategically re-align itself in an unstable economic climate.

There is certainly still potential for WeWork to see renewed growth and success, especially as remote and hybrid working continues to be popular. That said, observers will have to wait to see the eventual affect of its restructuring - and only time will tell what the company's future looks like.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Free breakfast everyday
  • Health and dental insurance
  • Flexible working hours
  • Work from home opportunities

Funding (last 2 of 15 rounds)

Jan 2019

$1bn

SERIES H

Nov 2018

$3bn

GROWTH EQUITY VC

$12.4bn

Total funding

This company has top investors

Leadership

David Tolley

(CEO, not founder)

Also Co-Chief Restructuring Officer and CFO at Intelsat. Previously worked at Stonepeak Infrastructure Partners as a Senior Advisor.