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Industrious Raises Series C Round

Industrious Raises Series C Round
Credit: industriousoffice.com

Industrious, a New York-based workplace platform and coworking solution, today announced that it has closed a $80 Million Series C funding round co-led by Riverwood Capital and Fifth Wall Ventures. Other participating investors include Alrai, Outlook, Rabina Properties, Schechter Private Capital, and Wells Fargo Strategic Capital.

According to the company, Industrious provides service, workplace management and design for companies ranging from SMBs to the Fortune 500. The Industrious workplace platform aims to enable businesses of every size and stage to outsource their office space management needs, balancing enterprise-class, productivity-oriented workspace solutions for companies with hospitality and welcoming work environments for their employees.

The Series C financing will allow Industrious to continue its expansion trajectory and support further experimentation and exploration surrounding the future of work and workplace technologies.