The round accelerates Industrious’s industry-first evolution to exclusively signing asset-light and low-risk landlord partnerships. Private glass-walled offices, beautiful common areas, and amazing hospitality have made Industrious the country’s leading premium co-working business. By FinSMEs Published on August 24, 2019 August 24, 2019. Industrious is funded by 13 investors. from 8 AM - 9 PM ET. Photo: Industrious. Through landlord partnerships, Industrious manages and operates flexible workspaces, large enterprise suites, and building-wide shared amenities while providing landlords income 30% above a market lease. When so many major co-working spaces are struggling to break-even, Industrious is expected to make a profit in 2020. The flexible workspace provider will continue expanding its network. Industrious Buys Office Space Provider TechSpace Industrious. Industrious civilizations start the game with Masonry. An exciting aspect of d ata visuali zation is the role these techniques can play in solv ing major business challenges. Technical.ly. Through landlord partnerships, Industrious manages and operates flexible workspaces, large enterprise suites, and building-wide shared amenities while providing landlords income 30% above a market lease. Industrious General Information Description. Industrious has secured over 20 landlord partners to-date including: Hines, EQ Office, Macerich, Jamestown LP, and more. Funds from the Series D will be used to expand the company’s suite of landlord services, double network size, both organically and through M&A opportunities, and support international expansion. Flex-office startup Industrious has nabbed $80 million in Series D funding, with investments from landlord-partners, Fifth Wall Capital, Equinox, and others. Evolving to management contracts has not been easy. Flexible office operator Industrious has closed on a $80 million Series D funding round through its landlord partnerships. The company expects to be profitable in Q1 2020. Industrious — one of the largest premium flexible workspace providers in the U.S. — announced it has closed $80 million in Series D funding focused on strategic landlord partners. Metropolises (over 12) receive an extra shield in production in the city square. NEW YORK, Aug. 22, 2019 /PRNewswire/ -- Industrious, the largest premium flexible workspace provider in the U.S., today announced that it has closed an $80 million Series D funding round focused on strategic landlord partners. The company’s model involves managing the workspaces, while providing landlords an income of 30% above a market lease. I had the pleasure to speak with Jamie Hodari, the CEO of Industrious, a provider of flexible workspaces, about his company’s path to success even through a pandemic. FinSMEs. At the same time, landlords are taking advantage of this opportunity by partnering with Industrious in order to provide a better offering and transform their properties. Industrious, a New York-based provider of workplace solutions, has raised $80 million in a Series D financing. Industrious tells the same events than Insidious but this time from the POV of the United Nations Space Force earthly antagonists: the Chinese Divine Space Force. The industrious revolution was a process of household-based resource reallocation that increased both the supply of marketed commodities and labor and the demand for market-supplied goods. It has also increased revenue 140% year-over-year, and acquired two coworking companies, Assemble and TechSpace. Industrious was founded in 2013 and started to focus on landlord partnerships in 2018. It closed on an $80 million Series D round last year, as CO previously reported. The Series D brings the total raised by Industrious to $222 million. Investors in the round include Riverwood Capital Partners, Brookfield Properties Retail, TF Cornerstone, Granite Properties, Equinox, Wells Fargo Strategic Capital, Fifth Wall Capital, and the Canada Pension Plan Investment Board. Brookfield, CPPIB invest in Industrious’ $80 mln Series D Industrious. Its Workplace Experience platform, which pairs thoughtfully-designed spaces with hospitality-driven services and amenities, has reshaped the concept of coworking into a scalable solution for companies of all sizes and stages. Cision Distribution 888-776-0942 HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Highest margins - 30+% for existing leased units, 90+% for managed units, Most consistent unit performance - 90% average occupancy for mature units, 10 month average time from launch to maturity, <1% net churn, Highest customer satisfaction ratings - NPS score of 74%, Revenue per workstation - 25+% higher than largest competitor. “The company is helping transform the way the commercial office market works, with a growing number of enterprises choosing Industrious as their long-term outsourcing partner for high quality and flexible office solutions. Industrious is reinventing how people work by creating elegant, welcoming office spaces that make people proud and excited to come to work. Added Jake Elghanayan, principal at TF Cornerstone, "TF Cornerstone was excited about the opportunity to invest in Industrious primarily for two reasons. Industrious Raises $80M in Series D Funding. For more information, visit www.industriousoffice.com. Footnote 2 He argued that the laboring poor often lengthened their working hours and toiled with greater intensity during the long eighteenth century (1680–1815) in order to expand their purchasing power. “We are excited to continue witnessing the amazing growth of Industrious, not only in terms of customers, locations and revenue, but also in terms of the maturity and quality of the service offering,” said . 24 Aug 2019. Evolving to management contracts has not been easy. Added Jake Elghanayan , principal at TF Cornerstone, “TF Cornerstone was excited about the opportunity to … 23 August 2019. "The company is helping transform the way the commercial office market works, with a growing number of enterprises choosing Industrious as their long-term outsourcing partner for high quality and flexible office solutions. Industrious, an office space provider that counts WeWork among its rivals, named a new head of legal as it bolsters its management team ahead of a potential public listing in 2021. The best way to experience the Industrious difference is to see it for yourself. It’s the second WeWork rival to announce funding since the coworking giant filed its IPO earlier this week. This story is part of Big Thinkers, a series of profiles on business leaders transforming industries with bold ideas. It took the hotel industry 30 years to graduate from leases, and you have to have very strong, consistent economics to build the trust of landlord partners -- so we're particularly proud to be leading the industry on this front.". Second, Industrious’s focus on management agreements aligns its interest with that of its landlord partners while also insulating Industrious from the payments mismatch that lurks in the next downcycle. Latest round of funding to double network size and support international expansion. Founded in 2013 by Jamie Hodari and Justin Stewart, the company provides members with stunning offices, inviting hospitality, and inspiring communities. The Series D funding brings the total raised by Industrious to USD 222 million. 23 Aug 2019. The company said it would use the funding to accelerate its growth through landlord partnerships. Industrious is the second largest, premium co-working space provider in the USA. The Series D brings the total raised by Industrious to $222 million. It took the hotel industry 30 years to graduate from leases, and you have to have very strong, consistent economics to build the trust of landlord partners — so we’re particularly proud to be leading the industry on this front.”. Their latest funding was raised on Aug 22, 2019 from a Series D round. Since its founding in 2013, Industrious has helped thousands of companies scale their businesses while maintaining the highest NPS scores in the industry. We evolved to a partnership-only approach about a year and a half ago and this latest round of funding capitalizes on that, allowing us to aggressively pursue our expansion goals sustainably, efficiently, and with little risk. Industrious has secured over 20 landlord partners to-date including: Hines, EQ Office, Macerich, Jamestown LP, and more. We evolved to a partnership-only approach about a year and a half ago and this latest round of funding capitalizes on that, allowing us to aggressively pursue our expansion goals sustainably, efficiently, and with little risk. The industrious revolution was a household-level change with important demand-side features that preceded the Industrial Revolution, a supply-side phenomenon. “TF Cornerstone was excited about the opportunity to invest in Industrious primarily for two reasons. Since its last round of funding, Industrious has grown its square footage by 129% and now spans over 80 locations across more than 45 U.S. cities. “TF Cornerstone was excited about the opportunity to invest in Industrious primarily for two reasons. Operator of premium flexible workspaces intended to reinvent the modern workplace. 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