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The startups that WeWork considered core businesses still operate as WeWork subsidiaries. But some have been spun out and acquired by other companies, while others stopped working altogether.
In 2019, WeWork —a startup that helps high-end restaurants work as coworking spaces during slow times. It at the end of that year.
The same year, WeWork workplace real estate platform SpaceIQ. But as the company looked to raise cash later on in 2019, it . In May 2020, specialist workplace management software provider Archibus + Serraview SpaceIQ.
WeWork bought office management startup Managed By Q in 2019 for $220 million, but WeWork ended up to Eden, a company that directly competes with Managed by Q, for a reported $25 million in 2020.
WeWork snapped up Teem, which makes software that lets people book meeting rooms, in September 2018 for $100 million, but after WeWork announced its plans to divest some of its acquired companies, iOffice and took Teem off of WeWork’s hands.
After WeWork bought MissionU, a Bay Area-startup that partnered with companies to train young talent to become their future workforces, its founder became the CEO of WeGrow, WeWork’s alternative K-12 school. After the acquisition, .
Neumann was such a big fan of surfing that WeWork bought 42% of a surf pool company called Wavegarden that builds wave pools with “game-changing artificial wave technology.” In 2019, Wavegarden was , and WeWork wrote the value of its investment in the company .
WeWork paid about $28 million for coding bootcamp Flatiron School in 2017. Three years later, it to Carrick Capital Partners, an investment firm focused on software companies.
WeWork was one of the largest clients of New York-based mobile construction communications startup Fieldlens when . After WeWork announced it was shutting down the Fieldlens service, its mobile app got a second chance when project management company RedTeam announced it had .
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