What is Industrious?
Founded in 2013 and headquartered in New York, Industrious operates as a premium workplace platform that transcends traditional coworking models. By providing comprehensive workplace suites, private offices, and community memberships, the company addresses the evolving needs of modern enterprises seeking flexibility and high-end amenities. Industrious occupies a critical niche in the commercial real estate ecosystem, effectively bridging the gap between traditional long-term leasing and the demand for agile, service-oriented office environments. Its market position is bolstered by a strategic focus on high-quality service delivery and a scalable operational model that appeals to both landlords and corporate tenants.
How much funding has Industrious raised?
Industrious has raised a total of $185M across 3 funding rounds:
Series B
$25M
Series C
$80M
Series D
$80M
Series B (2017): $25M with participation from Riverwood Capital
Series C (2018): $80M led by Fifth Wall, Riverwood Capital, Schechter Private Capital, Outlook Ventures, Wells Fargo, Alrai Capital, and Rabina Properties
Series D (2019): $80M supported by Wells Fargo, Granite Properties, Riverwood Capital Partners, Fifth Wall Capital, Brookfield Properties Retail, Equinox, CPP Investments, and TF Cornerstone
Key Investors in Industrious
Fifth Wall
Fifth Wall is the largest venture capital firm focused on technologies for the global real estate industry, connecting major property owners with innovative entrepreneurs.
Riverwood Capital
Riverwood Capital is a private equity firm specializing in high-growth, middle-market technology and technology-enabled companies that leverage software for value creation.
CPP Investments
CPP Investments is a professional investment management organization that manages the Canada Pension Plan fund, focusing on long-term institutional growth.
What's next for Industrious?
As Industrious continues to scale, the focus remains on deepening its footprint within the global Built World ecosystem. The recent capital injection is expected to fuel further expansion of its premium office network and enhance its proprietary workplace technology stack. By leveraging partnerships with major real estate stakeholders and institutional investors, the company is well-positioned to capitalize on the structural shift toward hybrid work models. Future growth will likely center on optimizing asset utilization and maintaining its reputation for delivering superior workplace experiences, ensuring long-term value creation for its stakeholders in an increasingly competitive commercial real estate landscape.
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