What is Second Home?
Second Home is a British social business dedicated to fostering entrepreneurship and creativity across global cities. Established in 2014 with its inaugural location in East London, the company has since expanded its footprint with diverse projects including the Libreria bookshop, a new school in Nairobi, and a vibrant workspace in Lisbon. These ventures, often designed by renowned architects like SelgasCano, highlight Second Home's commitment to creating unique cultural and professional environments. The company's expansion into the United States with its Hollywood location signifies a major step in its international development.
How much funding has Second Home raised?
Second Home has raised a total of $34.9M across 2 funding rounds:
Unspecified
$10.7M
Private Equity
$24.2M
Unspecified (2016): $10.7M with participation from Index Ventures
Private Equity (2016): $24.2M, investors not publicly disclosed
Key Investors in Second Home
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies. With offices in San Francisco & London, Index Ventures invests in entrepreneurs all over the world. Generational Index-backed companies include Adyen, Datadog, Discord, Figma, Robinhood, and Roblox.
What's next for Second Home?
The recent major strategic investment into Second Home signals a pivotal moment for the company, likely enabling further expansion of its unique social business model and cultural venues. This capital infusion is expected to fuel the development of new urban hubs and enhance existing initiatives, reinforcing its mission to support entrepreneurship and creativity. The company's strategic backing positions it for continued growth and influence in the global urban development and co-working sector.
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