OverviewSuggest Edit

The We Company (previously known as WeWork) is a provider of shared workspaces for technology startup subculture communities, and services for entrepreneurs, freelancers, startups, small businesses and large enterprises. The Company offers office space with facilities and services like high-speed internet, printers, free refreshments and private phone booths, enabling startups, entrepreneurs and small businesses to collaborate and share experiences.

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TypePrivate
Founded2010
HQNew York, US
Websitewework.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Feb 2019)8,177(+8%)
Job Openings1,946
Revenue (FY, 2017)$886 M(+104%)

Key People/Management at The We Company (WeWork)

Adam Neumann

Adam Neumann

Co-Founder & CEO
Laurent Paris

Laurent Paris

CTO
Joanna Lee

Joanna Lee

VP, Marketing
Ed Granaghan

Ed Granaghan

CAO
Prabhdeep Singh

Prabhdeep Singh

Global Head of Operations
John Reid-Dodick

John Reid-Dodick

Senior Vice President, Culture
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The We Company (WeWork) Office Locations

The We Company (WeWork) has offices in New York, McLean, San Diego, Raleigh and in 67 other locations
New York, US (HQ)
115 W 18th St
Arlington, US
2221 S Clark St
Charlotte, US
615 S College St
Durham, US
110 Corcoran St
Fort Worth, US
5049 Edwards Ranch Rd
Houston, US
708 S Main St
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The We Company (WeWork) Financials and Metrics

Summary Metrics

Founding Date

2010

The We Company (WeWork) total Funding

$13.6 b

The We Company (WeWork) latest funding size

$2 b

Time since last funding

a month ago

The We Company (WeWork) investors

The We Company (WeWork)'s latest funding round in January 2019 was reported to be $2 b. In total, The We Company (WeWork) has raised $13.6 b. The We Company (WeWork)'s latest valuation is reported to be $47 b.
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The We Company (WeWork) Revenue

The We Company (WeWork)'s revenue was reported to be $886 m in FY, 2017 which is a 103.2% increase from the previous period.
USD

Revenue (Q3, 2018)

1.3b

Net income (Q3, 2018)

(1.2b)

Market valuation

47.0b

Cash (31-Dec-2017)

2.0b

EV

45.1b
Annual
USDFY, 2016FY, 2017

Revenue

436.1m886.0m

Revenue growth, %

103%

Sales and marketing expense

43.4m143.4m

General and administrative expense

115.3m454.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018E

Revenue

163.0m198.0m241.0m283.0m342.0m422.0m1.3b

EBITDA

95.0m

EBITDA margin, %

28%

Net Income

(1.2b)
USDFY, 2016FY, 2017

Cash

506.6m2.0b

Accounts Receivable

18.0m35.6m

Current Assets

621.4m2.4b

PP&E

1.5b2.3b
USDY, 2018

Revenue/Employee

227.4k
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The We Company (WeWork) Operating Metrics

Y, 2015Y, 2016May, 2017Jul, 2017Sep, 2017Dec, 2017Feb, 2018Mar, 2018Apr, 2018Q2, 2018

Members

40 k80 k175 k200 k220 k268 k

Locations

52 140 155 164 200 230 234 287

Countries

14 15 17 21

Active Cities

44 50 71
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The We Company (WeWork) Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
TeemSeptember 12, 2018$100 m
MissionUMay 17, 2018
Naked HubApril 12, 2018$400 m
ConductorMarch 06, 2018
MeetupNovember 28, 2017$30 m
Flatiron SchoolOctober 23, 2017
UnomyAugust 11, 2017
SpacemobAugust 06, 2017
FieldLensJune 07, 2017
WelkioMarch 18, 2016
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The We Company (WeWork) Revenue Breakdown

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The We Company (WeWork) revenue breakdown by business segment: 5.0% from Service, 92.8% from Membership and 2.2% from Other

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The We Company (WeWork) Online and Social Media Presence

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The We Company (WeWork) News and Updates

WeWork becomes The We — and the latest massive company to "de-brand"

This week brought news from WeWork, the co-working unicorn, that it has decided to downgrade its main business to a mere subsidiary. WeWork has a famously complex corporate structure, but lift your eyes above the newly demoted WeWork to the very apex and behold — The We. (I am not making this up.)Th…

IWG Is Said Offer Spaces Brand for Sale in Challenge to WeWork

IWG Is Said Offer Spaces Brand for Sale in Challenge to WeWork

Why WeWork Is Betting Millions on This Big-Wave Surfer's 'Superfood'

WeWork will soon begin offering Hamilton's natural food products to members and employees in select New York City locations.

WeWork is investing in superfoods now

If you have a WeWork membership, get ready to fuel your next work session with some of Laird Superfood’s products. It feels like only yesterday that people were investing in an unknown co-working space called WeWork. Now that WeWork has achieved a certain high-level unicorn status, it is returning t…

WeWork CEO Neumann says the company hit $2.5 billion in annualized revenue and has plenty of cash

Even though WeWork took less money than expected from SoftBank, CEO Adam Neumann is touting the company's growth and says money is plentiful

Why WeWork Is So Desperate to Escape the Coworking Label

It's now The We Company. But the coworking giant's self-image is hard to square with its current reality.
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The We Company (WeWork) Company Life and Culture

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The We Company (WeWork) Frequently Asked Questions

  • When was The We Company (WeWork) founded?

    The We Company (WeWork) was founded in 2010.

  • Who are The We Company (WeWork) key executives?

    The We Company (WeWork)'s key executives are Adam Neumann, Laurent Paris and Joanna Lee.

  • How many employees does The We Company (WeWork) have?

    The We Company (WeWork) has 8,177 employees.

  • What is The We Company (WeWork) revenue?

    Latest The We Company (WeWork) annual revenue is $886 m.

  • What is The We Company (WeWork) revenue per employee?

    Latest The We Company (WeWork) revenue per employee is $108.4 k.

  • Who are The We Company (WeWork) competitors?

    Competitors of The We Company (WeWork) include OpenDoor.io, CBRE and LiquidSpace.

  • Where is The We Company (WeWork) headquarters?

    The We Company (WeWork) headquarters is located at 115 W 18th St, New York.

  • Where are The We Company (WeWork) offices?

    The We Company (WeWork) has offices in New York, McLean, San Diego, Raleigh and in 67 other locations.

  • How many offices does The We Company (WeWork) have?

    The We Company (WeWork) has 72 offices.