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.

Employee Rating

3.3More
TypePrivate
HQNew York, US
Founded2010
Size (employees)7,182 (est)+7%
Websitewework.com
WeWork was founded in 2010 and is headquartered in New York, US
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Key People/Management at 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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WeWork Office Locations

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

Summary Metrics

WeWork's latest funding round in November 2018 was reported to be $3 b. In total, WeWork has raised $11.6 b. WeWork's latest valuation is reported to be $45 b.
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WeWork Revenue

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

Revenue (Q2, 2018)

422.0m

Market valuation

45.0b

Cash (31-Dec-2017)

2.0b

EV

43.1b
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, 2018

Revenue

163.0m198.0m241.0m283.0m342.0m422.0m

EBITDA

95.0m

EBITDA margin, %

28%
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

98.1k
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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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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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WeWork Revenue Breakdown

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WeWork revenue breakdown by business segment: 5.0% from Service, 92.8% from Membership and 2.2% from Other

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WeWork Online and Social Media Presence

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WeWork News and Updates

WeWork is now an American Express business platinum cardholder perk

The credit card has evolved from its days of merely processing payments to serve as an entry pass to museums, airport lounges, and now WeWork…

WeWork chokes on an opportunity to push its meat-free agenda

Despite getting a ton of attention for going “meat-free” earlier this year, the company’s new partnership with Sweetgreen that brings salad kiosks into co-working spaces doesn’t live by the same rules. When WeWork announced that the company was going meat-free earlier this year to improve its enviro…

WeWork has paused its test of Amazon Alexa at work, but internal Amazon pilot sees quick adoption

Alexa for Business's quick fade out at WeWork suggests it will be challenging for Amazon to gain trust and show utility for business users. However, quick adoption by Amazon employees to start meetings suggests the technology has promise.

WeWork is getting serious about China

Since its entry into China in 2016, WeWork has extended from four to around 60 locations across the country’s megacities like Shanghai, Beijing, and most recently, Shenzhen. That’s one-sixth of WeWork’s 360 locations worldwide. It’s also equivalent to what WeWork has achieved in its early five to si…

How WeWork Plans to Be the Ecosystem for Your Entire Life

WeWork's founders have expanded into so many new businesses that predicting its future seems close to impossible.

WeWork and Google offices are a lot like exploitative company towns of the past

At VideoAmp, a software and data platform, CEO Rory McCray “encourages an environment where his employees practically live at the office,” the BBC reported in…
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WeWork Company Life and Culture

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WeWork Frequently Asked Questions

  • When was WeWork founded?

    WeWork was founded in 2010.

  • Who are WeWork key executives?

    WeWork's key executives are Adam Neumann, Laurent Paris and Joanna Lee.

  • How many employees does WeWork have?

    WeWork has 7,182 employees.

  • What is WeWork revenue?

    Latest WeWork annual revenue is $886 m.

  • What is WeWork revenue per employee?

    Latest WeWork revenue per employee is $123.4 k.

  • Who are WeWork competitors?

    Competitors of WeWork include OpenDoor.io, CBRE and LiquidSpace.

  • Where is WeWork headquarters?

    WeWork headquarters is located at 115 W 18th St, New York.

  • Where are WeWork offices?

    WeWork has offices in New York, McLean, San Diego, Rio de Janeiro and in 67 other locations.

  • How many offices does WeWork have?

    WeWork has 72 offices.