WeWork Pitch Deck used to Raise $335M in Funding and Valued at $9B during SPAC Merger

 


WeWork Background

WeWork was founded in 2010 and is 

headquartered in New York.


WeWork is a platform for creators that transforms buildings into dynamic environments for creativity, focus, and collaboration. The company transforms buildings into beautiful, collaborative workspaces and provides infrastructure, services, events, and tech so their members can focus on doing what they love.

WeWork has raised a total of $21.6B in funding over 21 rounds. Their latest funding was raised on Oct 29, 2021 from a Post-IPO Equity round.

WeWork is registered under the ticker NYSE:WE.Their stock opened with $10.00 in its Oct 21, 2021 IPO.

WeWork had a tumultuous 2019, which saw its $47B valuation slashed to just $8B after its S-1 revealed intense unprofitability, drama surrounding its co-founder and CEO Adam Neumann, and subsequent mass layoffs. 

In March 2021, the company announced it would go public via SPAC merger at a $9B valuation. Its 2014 pitch deck outlines visions of rapid growth and highlighted its high CAGR — specifically its jump from 5,300 members to 16,300 YoY.

WeWork Pitch Deck Details:

  • Raised: $335M
  • Year: 2014
  • Stage: Late Stage
  • Investors: Corporate
  • Industry: Proptech
  • Tags: Proptech, Collaboration, Real Estate
  • Business Model: Marketplace
  • Customer Model: B2B

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