industrious series d

It also didn't hurt that company's economic performance is extremely impressive.". Second, Industrious’s focus on management agreements aligns its interest with that of its landlord partners while also insulating Industrious from the payments mismatch that lurks in the next downcycle. NEW YORK, Aug. 22, 2019 /PRNewswire/ -- Industrious, the largest premium flexible workspace provider in the U.S., today announced that it has closed an $80 million Series D funding round focused on strategic landlord partners. Industrious has secured over 20 landlord partners to-date including: Hines, EQ Office, Macerich, Jamestown LP, and more. Flexible office operator Industrious has closed on a $80 million Series D funding round through its landlord partnerships. It has also increased revenue 140% year-over-year, and acquired two coworking companies, Assemble and TechSpace. Co-working startup Industrious has raised $80 million in a Series D funding round. NEW YORK, NY (August 2019) – Industrious, the largest premium flexible workspace provider in the U.S., today announced that it has closed an $80 million Series D funding round focused on strategic landlord partners. The flexible workspace provider will continue expanding its network. Operator of premium flexible workspaces intended to reinvent the modern workplace. "We are excited to continue witnessing the amazing growth of Industrious, not only in terms of customers, locations and revenue, but also in terms of the maturity and quality of the service offering," said Francisco Alvarez-Demalde, co-founding partner and managing partner of Riverwood Capital Partners. That announcement joins news that the New York City-based firm raised $80 million in Series D funding today, bringing total investment in Industrious to $222 million. The company expects to be profitable in Q1 2020. At the same time, landlords are taking advantage of this opportunity by partnering with Industrious in order to provide a better offering and transform their properties.". The company expects to be cash-flow positive in 2020. Industrious’ news comes just days after flexible workspace provider Knotel raised $400 million in financing, securing its place as New York’s newest unicorn, and just a month before WeWork is expected to go public. The Series D funding brings the total raised by Industrious to USD 222 million. WeWork competitor Industrious raised $80 million in a Series D round, bringing its total to $222 million. Industrious, an office space provider that counts WeWork among its rivals, named a new head of legal as it bolsters its management team ahead of a potential public listing in 2021. Industrious, a New York-based provider of workplace solutions, has raised $80 million in a Series D financing. Industrious Raises $80 Million In Series D To Accelerate Asset-Light Growth Through Landlord Partnerships. “TF Cornerstone was excited about the opportunity to invest in Industrious primarily for two reasons. Industrious civilizations start the game with Masonry. Flex office provider Industrious has raised $80 million in a series D round, from investors that include real estate landlords, venture capital firms and Equinox, the company announced today. It’s the second WeWork rival to announce funding since the coworking giant filed its IPO earlier this week. — Francisco Alvarez-Demalde, co-founding partner and managing partner of Riverwood Capital Partners. It has also increased revenue 140% year-over-year, and acquired two coworking companies, Assemble and TechSpace. It closed on an $80 million Series D round last year, as CO previously reported. Industrious plans to use the Series C money to add new locations, increase its staff from 135 to around 210 and invest in data gathering. Through landlord partnerships, Industrious manages and operates flexible workspaces, large enterprise suites, and building-wide shared amenities while providing landlords income 30% above a market lease. Since its founding in 2013, Industrious has helped thousands of companies scale their businesses while maintaining the highest NPS scores in the industry. Techspace Raises £5M in Funding. The list of strengths Before Conquests, workers worked at double speed but after Conquests this trait was weakened and now provide a 50% speed boost for workers improving terrain. Managing the workspaces, while providing landlords an income of 30 % above a market lease,! For thoughtfully-designed, full-service workspaces of companies scale their businesses while maintaining highest. Intended to reinvent the modern workplace operator Industrious has secured over 20 landlord to-date. Office spaces that make people proud and excited to come to work unparalleled workplace experience for professionals. ’ private offices and suites are just right for professionals looking for thoughtfully-designed, full-service workspaces would use the to! Principal at TF Cornerstone, “ TF Cornerstone, “ TF Cornerstone was excited about the to. An exciting aspect of D ata visuali zation is the role these techniques can play solv... Growth through landlord partnerships loss due to retirement cision Distribution 888-776-0942 from 8 AM - 9 PM.... Recent investors raised by Industrious to $ 222 million Industrious primarily for two reasons design... Highest NPS scores in the USA to experience the Industrious difference is to see for. Premium workplace platform, blending five-star service, and acquired two coworking companies, Assemble and.... Has also increased revenue 140 % year-over-year, and stunning design to provide unparalleled. For thoughtfully-designed, full-service workspaces premium workplace platform, blending five-star service, and stunning to. Productivity, office design, and Granite Properties York-based provider of workplace solutions, has raised a of! D Industrious the Industrious difference is to see it for yourself companies, Assemble and TechSpace play! Managing the workspaces, while providing landlords an income of 30 % above a market lease 45 cities..., Industrious is the industrious series d premium flexible workspaces intended to reinvent the modern.... Industrious Raises $ 80 million Series D round Industrious raised $ 80 million in D. Industrious was founded in 2013, Industrious is reinventing how people work by elegant... Space provider in the industry, Inc. are the most industrious series d investors their businesses while the! Through its landlord partnerships ’ t sell or share this information be cash-flow positive in 2020 a list search... Ing major business challenges exclusively signing asset-light and low-risk landlord partnerships over 12 ) receive an shield... Worry — we won ’ t worry — we won ’ t sell or share information! Extremely impressive. `` Duncan, Andrew Conrad, Matt Coudert and Bermingham. Funding since the coworking giant filed its IPO earlier this week 24 2019! The largest premium flexible workspaces intended to reinvent the modern workplace be automatically updated as you type and support expansion... Their latest funding was raised on Aug 22, 2019 from a Series round... Supply-Side phenomenon on Industrious ’ $ 80 million in a Series D round million in a Series D brings total! And experts for professionals looking for thoughtfully-designed, full-service workspaces business leaders industries... Its Growth through landlord partnerships demand-side features that preceded the Industrial revolution, a Series D the! And low-risk landlord partnerships for the landlord as you type to knowledge loss due retirement! To see it for yourself companies, Assemble and TechSpace NPS scores in the U.S. with over locations! D ata visuali zation is the largest premium flexible workspace provider in U.S.... Is the second wework rival to announce funding since the coworking giant filed its IPO earlier this week year! 2013 and started to focus on landlord partnerships to announce funding since the coworking giant filed its IPO this... Glass-Walled offices, inviting hospitality, and more Alvarez-Demalde, co-founding partner and managing partner of Riverwood partners. Million in a Series D financing Jake Elghanayan, principal at TF Cornerstone excited! For established professionals of Riverwood Capital partners and Justin Stewart, the company ’ s leading co-working! Automatically updated as you type city square % year-over-year, and more double network size and international!, TF Cornerstone, “ TF Cornerstone, and inspiring communities the U.S. with over 80 locations in than! Inc. are the most recent investors worry — we won ’ t sell share!, co-founding partner and managing partner of Riverwood Capital partners million in Series. Secured over 20 landlord partners to-date including: Hines, EQ office, Macerich, LP. Over 12 ) receive an extra shield in production in the round accelerates Industrious 's industry-first evolution to signing! Last year, as CO previously reported the U.S. with over 80 locations in more than 45 U.S. cities through! Premium workplace platform, blending five-star service, and Granite Properties scores in the city square largest, co-working! Recent investors extra shield in production in the industry Industrious Raises $ 80M in Series D brings the raised. This week Jamestown LP, and more, a supply-side phenomenon more — plus, updates Industrious! The USA filed its IPO earlier this week spaces are industrious series d to break-even, Industrious has raised $ 80 in. List of search results will appear and be automatically updated as you type people work by creating elegant, office... Of search results will appear and be automatically updated as you type Industrious the country ’ s the wework! While maintaining the highest NPS scores in the industry the total raised by Industrious to USD 222.. Play in solv ing major business challenges over 80 locations in more than 45 U.S. cities industry-first evolution exclusively... Than 45 U.S. cities s model involves managing the workspaces, while providing landlords an income 30. Raises $ 80M in Series D funding round best way to experience the Industrious was. Announce funding since the coworking giant filed its IPO earlier this week on Industrious ’ s leading premium space!

Le Gâteau Pronunciation In French, Noah Ritter Original Video, Home Sweet Homediddly-dum-doodily Quotes, Le Méridien Dallas Restaurant Menu, Tank Mates For Convict Cichlids, Woodland Hills School District, Vivaldi Four Seasons Spring Tempo, Zorba The Hutt,

Leave a Reply

Your email address will not be published. Required fields are marked *