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About Industrious
Industries
Real Estate
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$313.2M
Headquarters
New York City, New York
Founded
2013
Overview
Industrious provides flexible workspaces designed to improve productivity and enhance corporate culture for businesses of all sizes. Their offerings include a range of membership plans, such as month-to-month and long-term leases, which allow companies to adjust their office space according to their needs. The workspaces are fully equipped and aim to create an environment similar to those found in leading tech companies, making them appealing to businesses that want to attract and keep talented employees. Unlike many competitors, Industrious focuses on high-quality office spaces in major urban areas and collaborates with brokers to broaden its market presence. The goal of Industrious is to support businesses in scaling efficiently while fostering a productive work environment.
Simplify's Take
What believers are saying
- Acquisitions in Asia and Europe expand Industrious' global presence and market reach.
- Partnership with CBRE enhances market reach and resources for scaling operations.
- Growing demand for hybrid work models increases need for flexible workspaces.
What critics are saying
- Increased competition from local coworking spaces in key markets like the Triangle area.
- Challenges in integrating international acquisitions may strain resources and affect service quality.
- Dependence on broker partnerships may lead to conflicts of interest or misaligned incentives.
What makes Industrious unique
- Industrious offers premium flexible workspaces that enhance productivity and corporate culture.
- The company provides a variety of membership plans for scalability and flexibility.
- Industrious mimics innovative environments of tech giants, attracting top talent.
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Funding
Total Funding
$313.2M
Above
Industry Average
Funded Over
5 Rounds
Benefits
Health Insurance
Paid Vacation
Stock Options
Wellness Program
Professional Development Budget
401(k) Retirement Plan
Company News
Industrious, the highest-rated flexible workplace company, announced two international acquisitions: The Great Room in Asia and Welkin & Meraki in
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NEW YORK, May 10, 2022--Industrious, the highest-rated flexible workplace company, announced two international acquisitions: The Great Room in Asia and Welkin & Meraki in Continental Europe. The deals will immediately add six new countries to Industrious’ portfolio across key European and Asia-Pacific markets – Singapore, Hong Kong, Thailand, France, Belgium, and The Netherlands – comprising approximately 1,000,000 SF of current and pipeline locations.
Global brokerage CBRE bought a 35 percent stake in flex space provider Industrious for $200 million, with plans to merge its own workspace brand Hana with Industrious, the companies announced Monday.
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About Industrious
Industries
Real Estate
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$313.2M
Headquarters
New York City, New York
Founded
2013
Industrious is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today