WeWork (also known as The We Company) 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.
|HQ||New York, NY, US||Map|
WeWork has offices in New York, Shanghai and London
WeWork total Funding
WeWork latest funding size
Time since last funding
|2 years ago|
|Goldman Sachs, DAG Ventures, Benchmark, T. Rowe Price, Wellington Management, Fidelity Investments, Glade Brook Capital Partners, Hony Capital, JP Morgan Chase & Co, Harvard Management Company, Primary Venture Partners, Aleph, Softbank, SoftBank Group, Alpha JWC Ventures, Syren Capital Advisors, Legend Holdings, JP Morgan Chase & Co., Masayoshi Son, SoftBank Group Corp, Catalyst Ventures, StraightPath Venture Partners|
WeWork's latest funding round in October 2019 was reported to be $5 b. In total, WeWork has raised $13.8 b.
WeWork's revenue was reported to be $1.82 b in FY, 2018 which is a 105.6% increase from the previous period.
|USD||Q1, 2017||Q2, 2017||Q3, 2017||Q4, 2017||Q1, 2018||Q2, 2018||Q3, 2018||Q4, 2018||Q1, 2019||Q2, 2019||Q3, 2019|
|Revenue||163 m||198.3 m||241.1 m||283.3 m||342.2 m||421.6 m||482.3 m||575.7 m||728.3 m||807.1 m||934 m|
|Sales and marketing expense||23.7 m||41.2 m||59.8 m||62.8 m||77.1 m||109.6 m||129.3 m||151 m||169 m|
|General and administrative expense||46 m||52.7 m||318.8 m||78.2 m||77.1 m||90.7 m||111.5 m||218.5 m||171.4 m|
|R&D expense||19.5 m||26.9 m||46.1 m||58.7 m||115.4 m||118.5 m||184.7 m||141.8 m||227.9 m|
WeWork revenue breakdown by business segment: 93.2% from Membership and Service Revenue and 6.8% from Other
WeWork revenue breakdown by geographic segment: 20.5% from Other foreign countries, 5.5% from Greater China, 15.1% from United Kingdom and 58.9% from United States
WeWork's Active Cities (South America) was reported to be 11 in May, 2020.
|FY, 2010||FY, 2011||FY, 2012||FY, 2013||FY, 2014||FY, 2015||FY, 2016||May, 2017||Q2, 2017||Jul, 2017||Sep, 2017||Q3, 2017||FY, 2017||Feb, 2018||Mar, 2018||Q1, 2018||Apr, 2018||Q2, 2018||Q3, 2018||FY, 2018||Q1, 2019||Q2, 2019||May, 2020|
|Members||450||2 k||4 k||5 k||15 k||40 k||87 k||128 k||154 k||186 k||219 k||268 k||319 k||401 k||466 k||527 k|
|Backlog||$100 m||$500 m||$2.6 b||$3.5 b||$4 b|
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