- General
- December 20, 2018
- 4 minutes read
Women Focused Co-Working Startup The Wing Raises $75 Million Series C
Women focused co-working space provider The Wing has raised $75 million Series C funding led by Sequioa Capital with participation…
Women focused co-working space provider The Wing has raised $75 million Series C funding led by Sequioa Capital with participation from new investors Airbnb, Upfront Ventures and existing investors New Enterprise Associates (NEA) and WeWork. Individual investors including actresses Kerry Washington and Katie McGrath and ex White House senior adviser Valerie Jarrett also participated.
The company has now raised over $110 million in total to scale its business. Founded by Audrey Gelman and Lauren Kassan in 2016, The Wing has grown to about 6,000 members as of October 2018 who pay over $2,000 annually for access to its workspaces. In addition to its current locations – Flatiron, Soho, San Francisco, Dumbo and Washington, D.C. – the company has plans to launch in London, Seattle, Toronto, West Hollywood, Boston and Chicago.
The Wing co-founder and CEO Audrey Gelman
image : The Wing
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The Wing co-founder and COO Lauren Kassan
image : The Wing
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CEO Audrey Gelman said this funding will help “further The Wing’s mission and scale to new heights both offline and online.” The Wing already has 300 part-time and full time employees across its locations who will help in doing this, more are likely to be hired with this new funding.