WeWork Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Private

  • Employees
  • 5,630

Employees

  • Latest Deal Type
  • Buyout/​LBO
  • (Announced)

  • Latest Deal Amount
  • $450M

WeWork General Information

Description

WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services for other enterprises. It designs and builds physical and virtual shared spaces and office services for entrepreneurs and companies. The company's revenue categories are; Membership revenue consists of fees from members, net of discounts for the access to office space provided, and Service revenue consists of additional billings to members for the ancillary services provided through their memberships in excess of monthly allowances included in membership revenue, commissions earned by the Company on various services.

Contact Information

Website
www.wework.com
Formerly Known As
The We Company, BowX Acquisition, Legacy BowX
Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Primary Industry
Buildings and Property
Corporate Office
  • 12 East 49th Street
  • 3rd Floor
  • New York, NY 10017
  • United States
+1 (646) 000-0000

WeWork Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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WeWork Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
28. Buyout/LBO 29-Apr-2024 $450M 00000 Announced Generating Revenue
27. Bankruptcy: Admin/Reorg 06-Nov-2023 Completed Bankruptcy: Admin/Reorg
26. Debt - General 07-Jan-2022 00000 000.00 Completed Generating Revenue/Not Profitable
25. PIPE 20-Oct-2021 00000 000.00 Completed Generating Revenue/Not Profitable
24. Reverse Merger 20-Oct-2021 00000 000.00 00.000 Completed Generating Revenue/Not Profitable
23. Debt - General 01-May-2021 00000 000.00 Completed Generating Revenue/Not Profitable
22. Debt - General 14-Aug-2020 00.00 0000 Completed Generating Revenue/Not Profitable
21. Secondary Transaction - Private 02-Apr-2020 000 Cancelled Generating Revenue/Not Profitable
20. Debt - General 11-Feb-2020 $3.3B $13.9B Completed Generating Revenue/Not Profitable
19. Later Stage VC 01-Jan-2020 $10.6B Completed Generating Revenue/Not Profitable
To view WeWork’s complete valuation and funding history, request access »

WeWork Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services fo
Buildings and Property
New York, NY
5,630 As of 2024
000.00
00000 0000-00-00
000000000000

00000

citation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irur
000000000 000 000000
Bengaluru, India
000 As of 0000
00.00
00.000 0000-00-00
0000000000 0 00.00

000000

etur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna
000000000 000 000000
New York, NY
000 As of 0000
00000
0000000000 0 00000
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WeWork Competitors (9)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BHIVE Workspace Venture Capital-Backed Bengaluru, India 000 00.00 0000000000 0 00.00
Industrious Venture Capital-Backed New York, NY 000 00000 0000000000 0 00000
Mindspace Venture Capital-Backed Tel Aviv, Israel 000 00000 0000000000 0 00000
International Workplace Group Formerly PE-Backed Zug, Switzerland 0000 00000 000000000 00000
eOffice Corporation London, United Kingdom 00
You’re viewing 5 of 9 competitors. Get the full list »

WeWork Patents

WeWork Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220335160-A1 System and method for the generation of privacy-preserving embeddings Pending 16-Apr-2021 00000000000
US-20210102671-A1 Low voltage, digitally addressable, modular lighting systems Inactive 19-Sep-2019 000000000
US-20210076156-A1 Conference room interface system Inactive 08-Jul-2019 00000000
US-20210040737-A1 Demountable modular wall structures Pending 03-Jul-2019 00000000 00
US-20200349529-A1 Automatically processing tickets Inactive 30-Apr-2019 G06Q10/20
To view WeWork’s complete patent history, request access »

WeWork Executive Team (105)

Name Title Board Seat Contact Info
Ed Granaghan Senior Vice President
David Tolley Chief Executive Officer & Board Member
Kurt Wehner Chief Financial Officer & Treasurer
Claudio Hidalgo Chief Operating Officer
Pam Swidler Secretary, Administration, Chief Legal Officer & Chief Compliance Officer
You’re viewing 5 of 105 executive team members. Get the full list »

WeWork Board Members (20)

Name Representing Role Since
Alex Clavel SoftBank Group Board Member 000 0000
David Tolley WeWork Chief Executive Officer & Board Member 000 0000
Linghuan Zhao Hony Capital Board Member 000 0000
Paul Keglevic Self Chairman & Director 000 0000
You’re viewing 4 of 20 board members. Get the full list »

WeWork Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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WeWork Investments & Acquisitions (97)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
FCTRY LAb 14-Dec-2022 00000 0000 000 Footwear
Zoapi 13-Oct-2022 0000000000 00.00 Office Services (B2B)
Upflex 01-May-2022 00000 0000 0000 Business/Productivity Software
Common Desk 01-Mar-2022 0000000000 0000 Buildings and Property 0000000 0
BowX Acquisition 20-Oct-2021 Merger/Acquisition Special Purpose Acquisition Company (SPAC) 0000000 0
You’re viewing 5 of 97 investments and acquisitions. Get the full list »

WeWork Subsidiaries (5)

Company Name Industry Location Founded
ARK Real Estate Real Estate New York, NY 2019
WeWork China Buildings and Property Shanghai, China 0000
Common Desk Buildings and Property Dallas, TX 0000
Wavegarden Other Commercial Products San Sebastian, Spain 0000
WeWork (Russia Business) Buildings and Property Moscow, Russia
To view WeWork’s complete subsidiaries history, request access »

WeWork Exits (36)

Company Name Exit Date Exit Type Exit Size Status Buyers
Moxion 01-Aug-2020 000000000000000000 Completed
  • 000000
Proxy 16-Mar-2020 00000 00000 00 0000 Completed
  • 17 buyers
Shift (Electrical Equipment) 12-Dec-2019 000000000000000000 Completed
  • 000000
HotSpot CookTop 20-Nov-2019 000000000000000000 00000 Completed
  • 000000
Spacious 27-Aug-2019 Merger/Acquisition Completed
You’re viewing 5 of 36 exits. Get the full list »

WeWork FAQs

  • When was WeWork founded?

    WeWork was founded in 2010.

  • Who is the founder of WeWork?

    Miguel McKelvey and Jesse Middleton are the founders of WeWork.

  • Who is the CEO of WeWork?

    David Tolley is the CEO of WeWork.

  • Where is WeWork headquartered?

    WeWork is headquartered in New York, NY.

  • What is the size of WeWork?

    WeWork has 5,630 total employees.

  • What industry is WeWork in?

    WeWork’s primary industry is Buildings and Property.

  • Is WeWork a private or public company?

    WeWork is a Private company.

  • What is the current valuation of WeWork?

    The current valuation of WeWork is 00000.

  • What is WeWork’s current revenue?

    The current revenue for WeWork is 00000.

  • How much funding has WeWork raised over time?

    WeWork has raised $16.7B.

  • Who are WeWork’s competitors?

    BHIVE Workspace, Industrious, Mindspace, International Workplace Group, and eOffice are some of the 9 competitors of WeWork.

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