WeWork's Competitors, Revenue, Number of Employees, Funding and Acquisitions

WeWork is a provider of co-working and shared office space solutions for entrepreneurs, freelancers, startups and busine... Read more

Estimated Annual Revenue

Estimated Employees

Sebastian J. Gunningham's photo - Co-CEO of WeWork

Co-CEO

Sebastian J. Gunningham

CEO Approval Rating

82/100

OVERVIEW

Founded:

2010

Headquarters:

New YorkNew York

Status:

PrivateIndependent Company of

Industry Sector:

Business Support Services

SIC Code:

Top Competitors or Alternatives

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Growth Score - 1/1

Is 15,000 a good estimate for WeWork's Employee count?

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Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Servcorp is a top competitor of WeWork. Servcorp was founded in Sydney, New South Wales} in 1978. Servcorp competes in the Business Support Services industry. Compared to WeWork, Servcorp generates $1.6B less revenue.

IWG is WeWork's #2 competitor. IWG is headquartered in Zug, Zug, and was founded in 1989. IWG operates in the Real Estate Services industry. IWG generates 176% the revenue of WeWork.

Knotel has been one of WeWork's top competitors. Knotel is a Private company that was founded in 2015 in New York City, New York. Like WeWork, Knotel also competes in the Business Support Services industry. Compared to WeWork, Knotel has 14,840 fewer employees.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Sebastian J. Gunningham

Co-CEO

- -
15,000
$13.8B
$1.8B
1

Alf Moufarrige

Founder & CEO

86/100
818
$30M
$261.7M
2

Mark Dixon

Founder & CEO

84/100
10,000
- -
$3.2B
3

Amol Sarva

Co-Founder & CEO

71/100
160
$545M
$35.6M
4

Philip R. Weiss

Founder & CEO

74/100
20
- -
$2M
5

Jamie Hodari

Co-Founder & CEO

87/100
215
$311.6M
$31M
6

Bryan Murphy

CEO

84/100
105
$113.2M
$8M
7

Austin Flajser

President

71/100
150
- -
$29M
8

Mark Dixon

Founder & CEO

86/100
8,788
- -
$3.2B
9

Navneet Singh

Co-Founder

73/100
5
- -
$ < 1M
10

Laurent Dhollande

Co-Founder & CEO

78/100
44
- -
$24.8M

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Spacious Technologies, Inc.

Aug 2019

Source »
undisclosed
Spacious is a provider of co-working spaces for entrepreneurs, freelancers and businesses.
Waltz, Inc

Jun 2019

Source »
undisclosed
Waltz is a mobile application that provides building access and identity management solutions for individuals and corporate organizations.
Managed By Q, Inc.

Apr 2019

Source »
undisclosed
Managed by Q is an office management platform that offers on-demand IT support, office cleaning, supply stocking and handyman services.
Euclid, Inc

Feb 2019

Source »
undisclosed
Euclid is a spatial-analytics platform that allows businesses to analyze their Wifi signals and usages by employees.
Teem Technologies, Inc.

Sep 2018

Source »
$100M
Teem is an online platform that allows employees to meet, book and manage conference rooms and workspaces.

These are all the companies that WeWork has acquired. WeWork has acquired 13 companies and its latest acquisition was Spacious Technologies, Inc. in Aug 2019. Spacious is a provider of co-working spaces for entrepreneurs, freelancers and businesses.

WeWork Funding History

Since WeWork was founded in 2010, it has participated in 21 rounds of funding. In total WeWork has raised $13.8B. WeWork's last funding round was on Sep 2019 for a total of $1.9M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Sep 2019
$1.9M
-
Equity
Aug 2019
$19.5M
-
Equity
Aug 2019
$16.8M
-
Equity
Jul 2019
$5.3M
-
Equity
May 2019
$103.8M
-

Total Funding: $13.8B

Since WeWork was founded in 2010, it has participated in 21 rounds of funding. In total WeWork has raised $13.8B. WeWork's last funding round was on Sep 2019 for a total of $1.9M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Jones develops a web-based platform that offers insurance certificates verification and automation solutions for the real estate sector.
$4.6M
Oct 09, 2019
Seed
-
OpenSpace is a proprietary vision engine platform that allows construction companies to capture 360 photos and videos of job sites.
$14M
Aug 12, 2019
Series A
-
$4.4M
Mar 28, 2019
Equity
-
Proxy is a provider of single sign-on, adaptive access control and identity management solutions for businesses.
$13.6M
Mar 26, 2019
Series A
-
Landit is an online platform that provides career management services for women professionals.
$13M
Feb 25, 2019
Series A
-

These are all the companies that WeWork has invested in. WeWork has invested 13 companies and its latest investment was Spacious Technologies, Inc. in Aug 2019. Spacious is a provider of co-working spaces for entrepreneurs, freelancers and businesses.

WeWork News

October 16, 2019Officing Today

WeWork Must Choose Between Bonds And Its Controlling Stake

WeWork is weighing whether it should set up a dreary bond package, or accept an equity investment fro... See more »
October 16, 2019Business Insider India

WeWork says it has 527,000 'memberships' but that's not as straightforward as it seems

Business InsiderWeWork bills itself as being more affordable than traditional leases where the tenant... See more »
October 16, 2019Fast Company

WeWork's only products-its phone booths-are a hot mess, too

WeWork mass-produces phone booths for its coworking spaces. Now, it turns out some might be laced wit... See more »
October 16, 2019Crain's Newyork Business

What you should know about the rise and fall of WeWork

WeWork went from a unicorn valued at $47 billion to a company in turbulence withdrawing its initial p... See more »
October 16, 2019Business Insider

SoftBank reportedly hired restructuring and bankruptcy bankers to help revive WeWork

ReutersSoftBank hired Houlihan Lokey, a restructuring and bankruptcy advisory firm, to revive WeWork,... See more »
October 16, 2019Business Insider India

WeWork's IPO woes are bleeding into the biotech market - and health startups' plans to go public now look dimmer

Biotech companies looking to make their public market debut before the end of the year are encounteri... See more »
October 16, 2019MarketScreener

Bonds Dive at Cash-Starved Startup WeWork -- WSJ

(marketscreener.com) By Sam Goldfarb WeWork bonds plumbed new lows Tuesday, highlighting questions ab... See more »

WeWork Blogs

September 30, 2014WEWORK BLOG

Joining the Startup Nation

September 22, 2014WEWORK BLOG

WeWork + Momofuku

May 8, 2014WEWORK BLOG

Privacy Policy

WeWork Press Releases

May 7, 2019Learning News

Sponge moves into Dublin's 'Silicon Docks'

Europe's largest independently-owned custom digital learning provider has moved into Dublin's 'Silico... See more »
April 3, 2019streetinsider

WeWork Starts Operations in Costa Rica

SAN JOSE, California, April 3, 2019 /PRNewswire/ -- New York-headquartered WeWork announces the openi... See more »
April 1, 2019Korea Newswire

WeWork Labs Korea Successfully Helps 130 Member Startups Since Launching in June 2018

WeWork - a global network of space, community and services - announced its continued contribution to ... See more »
March 27, 2019GlobalNewswire

Proxy Raises $13.6M in Series A Funding Led by Kleiner Perkins, Emerges from Stealth to Launch Its Universal Identity Signal for Frictionless Access to Everything in the Physical World

WeWork, Dropbox and others already using Proxy to provide thousands of people with secure frictionles... See more »
March 20, 2019Korea Newswire

WEWORK STRENGTHENS COLLABORATIVE COMMUNITY WITH THE OPENING OF THE 19TH LOCATION 'WEWORK SINNONHYEON' IN MARCH 2020

WeWork - a global network of space, community and services - announced today that it will open 'WeWor... See more »
February 12, 2019StreetInsider

Akridge delivers 1701 Rhode Island fully leased to WeWork

This afternoon Akridge celebrated the completion of 1701 Rhode Island, which delivered to the market ... See more »
January 8, 2019StreetInsider

WeWork Closes $6 Billion Investment from SoftBank

WeWork today announced it had received a $6 billion investment from SoftBank. $5 billion is in the fo... See more »

WeWork Videos

September 11, 2019WeWork Youtube Channel

"Can a Video Game Save Lives? | WeWork" on YOUTUBE

July 12, 2019WeWork Vimeo Channel

"WeWork at Humanize San Francisco 2019" on VIMEO

At Humanize San Francisco, industry leaders joined the WeWork executive team for two unforgettable da... See more »

Social Statistics

Headquarters

115 West 18th Street

New York, New York10011

1800-123-365-365

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

WeWork is a provider of co-working and shared office space solutions for entrepreneurs, freelancers, startups and businesses. WeWork was founded in 2010. WeWork's headquarters is located in New York, New York, USA 10011. It has raised 13.8B in 21 roun...

CEO

WeWork's Co-CEO, Sebastian J. Gunningham, currently has an approval rating of 82%. WeWork's primary competitors are Servcorp, IWG & Knotel.

Website

wework.com

Frequently Asked Questions about WeWork

  1. When was WeWork founded?

    WeWork was founded in 2010
  2. Who is WeWork's CEO?

    WeWork's CEO is Sebastian J. Gunningham
  3. How much revenue does WeWork generate?

    WeWork generates $1.8B in revenue
  4. How much funding does WeWork have?

    WeWork has historically raised $13.8B in funding
  5. Where is WeWork's headquarters?

    WeWork's headquarters is in New York New York, USA
  1. How many employees does WeWork have?

    WeWork has 15,000 employees
  2. What sector does WeWork operate in?

    WeWork is in Business Support Services
  3. Who are WeWork's competitors?

    WeWork's top competitors are Servcorp, IWG, Knotel
  4. Who has WeWork invested in?

    WeWork's has invested in companies such as Jones, OpenSpace, Betaworks Studios