WeWork competitor Convene raises a $152 million Series D

TechCrunch | 7/10/2018 | Brian Heater
catcrazy24 (Posted by) Level 4
Click For Photo: https://techcrunch.com/wp-content/uploads/2017/01/gettyimages-547416379.jpg?w=599

New York-based meeting room booking startup Convene announced a $152 Series D this week. The round is led by ArrowMark Partners, along with a number of real estate-related organizations, including Steve Case’s Revolution Growth.

It’s probably telling that the company simply refers to itself as a “WeWork competitor” in the pitch email that was sent on its behalf. Convene doesn’t exactly spur a lot of brand name recognition, but the company’s certainly got the fundraising cache. This round brings its total raise up to $260 million.

Startup - WeWork - Number - US - Cities

The well-funded startup certainly isn’t as ubiquitous as WeWork, but it’s got a number of the U.S.’s largest cities covered at present, including Washington D.C. Los Angeles, Philadelphia, Boston Chicago and its home court, New York. Convene currently...
(Excerpt) Read more at: TechCrunch
Wake Up To Breaking News!
It is time to put away the our toys and propaganda we've been taught as children and think for ourselves.
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!