Last week, we learned that WeWork invested in a wave pool company dedicated to artificial surfing. This week, WeWork is investing in something slightly closer to home—and for a subset of WeWork’s customers, a competitor.
The $20 billion office-leasing company led a $32 million Series B funding round for The Wing, a women’s only coworking space and social club. The investment is WeWork’s largest to date, Chief Operating Officer Jen Berrent said in a blog post. The funding round is also one of the biggest Series B rounds raised by female founders, Forbes noted.
“WeWork CEO Adam Neumann and I discussed how aligned their mission was with ours,” Berrent wrote in her blog post. “By connecting people through our spaces with the best of design, technology, and, most importantly, community, we believe we will humanize the way people work and live.” Read more…
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