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Founded Year

2010

Stage

Bankrupt/Admin | Bankrupt

Total Raised

$11.615B

Revenue

$0000 

About WeWork

WeWork specializes in providing flexible workspace solutions. The company offers a range of services including move-in ready offices for teams of all sizes, dedicated desks in shared offices, bookable meeting rooms, and co-working memberships that provide access to hot desks, lounges, and phone booths. WeWork primarily serves individuals and small teams to medium and large companies. It was founded in 2010 and is based in New York, New York. In November 2023, WeWork filed for bankruptcy.

Headquarters Location

12 East 49th Street Floor 3

New York, New York, 10017,

United States

646-389-3922

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Expert Collections containing WeWork

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

WeWork is included in 1 Expert Collection, including Tech IPO Pipeline.

T

Tech IPO Pipeline

286 items

WeWork Patents

WeWork has filed 33 patents.

The 3 most popular patent topics include:

  • retailing
  • social networking services
  • diagrams
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/21/2022

10/10/2023

Wireless networking, Data management, Channel access methods, Barcodes, Radio resource management

Grant

Application Date

3/21/2022

Grant Date

10/10/2023

Title

Related Topics

Wireless networking, Data management, Channel access methods, Barcodes, Radio resource management

Status

Grant

Latest WeWork News

Rentberry Wants to Buy WeWork Out of Bankruptcy

Feb 17, 2024

Silicon Valley Daily Posted on Rentberry, an operator of a property rental and management platform based in San Francisco, has unveiled plans to explore the acquisition of WeWork, the NY-based flexible workspace provider that recently filed for Chapter 11 bankruptcy. Rentberry says the move is backed by key venture capital funds, including Berkeley Hills Capital, and wants to combine WeWork’s coworking spaces with Rentberry’s innovative Flexible Living concept. WeWork was once valued as much as $40 billion and received billions of dollars in investment from Japan’s Softbank Corp. But the pandemic and declining office use along with a glut of space led to its collapse and bankruptcy last year. Rentberry feels that the global workforce is increasingly seeking flexibility in their professional and personal habitats. WeWork’s infrastructure and community-oriented model will complement Rentberry’s Flexible Living concept, which combines innovative technology with real estate to offer tenants the ability to rent furnished properties without security deposits for mid-term durations of 1 month to 1 year, globally. This potential merger promises to create immense synergy that redefines the landscape of coworking and co-living spaces. “We are on the cusp of a revolution in how people work and live, demanding unprecedented flexibility,” said the Rentberry CEO. “By aligning WeWork’s expansive coworking ecosystem with our Flexible Living concept, we aim to create a global network of spaces that support a dynamic, mobile lifestyle, catering to the needs of today’s professionals.” The combination of Rentberry’s technology and innovative approach to property management with WeWork’s global presence and coworking model has the potential to set new standards for flexibility, convenience, and community engagement in the industry. “Imagine a world where you can move seamlessly between living and working spaces tailored to your needs, location, and schedule. This is the vision we are working towards, and WeWork’s assets and ethos align perfectly with this goal,” added the Rentberry CEO. “Our combined efforts could significantly enhance the value we offer to individuals and businesses alike, making flexible living and working the norm rather than the exception.” In this process, Rentberry has partnered with leading VC funds, including Berkeley Hills Capital, and is represented by Dentons LLP. The company is collaborating with WeWork’s advisors, PJT Partners, to submit the acquisition offer during the week of February 19th.

WeWork Frequently Asked Questions (FAQ)

  • When was WeWork founded?

    WeWork was founded in 2010.

  • Where is WeWork's headquarters?

    WeWork's headquarters is located at 12 East 49th Street, New York.

  • What is WeWork's latest funding round?

    WeWork's latest funding round is Bankrupt/Admin.

  • How much did WeWork raise?

    WeWork raised a total of $11.615B.

  • Who are the investors of WeWork?

    Investors of WeWork include Cushman & Wakefield, BowX Acquisition, SoftBank, Jin Jiang International, Hony Capital and 15 more.

  • Who are WeWork's competitors?

    Competitors of WeWork include JustCo, Awfis, Industrious, IndiQube, Swivel and 7 more.

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Awfis provides an ecosystem of workspaces for local entrepreneurs. It provides products including flex workspaces, enterprise workspace solutions, design and build solutions, integrated facility management, and remote working solutions. The company was founded in 2015 and is based in New Delhi, India.

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RocketSpace

RocketSpace is a technology campus headquartered in the heart of San Francisco. Since 2011, the company has been helping tech entrepreneurs, startups and corporate innovation professionals bring the future to market. The company offers services to its members including programming, consulting, events, and office-as-a-service, which together create the perfect ecosystem and community for innovation to thrive. Select startup alumni include Uber, Spotify, Practice Fusion, and Leap Motion, and RocketSpace's roster of Corporate Innovation Services clients include Schneider Electric, Converse, Tata Communications, Royal Bank of Scotland, Pfizer Consumer Healthcare, Samsung, and ABinBev.

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IndiQube

IndiQube specializes in providing coworking spaces and workspace solutions for various business sectors. The company offers services such as office interiors, workspace management, and enterprise solutions, catering to the needs of enterprises, startups, offshore centers, and solopreneurs. IndiQube's clientele primarily consists of businesses seeking flexible office spaces and smart building experiences. It was founded in 2015 and is based in Bengaluru, India.

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91springboard

91springboard is a company that focuses on providing transformational workspaces, operating within the coworking and office space industry. The company offers a range of services including coworking solutions, enterprise solutions, virtual offices, and day passes, all designed to cater to the needs of startups, freelancers, and large enterprises. Their primary customer segments include the startup industry, freelance industry, and large established businesses. It was founded in 2012 and is based in New Delhi, India.

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