WeWork Raising $780m Round

WeWork, the New York-based provider of shared office space, is reportedly raising $780m in a debt financing round valuing the company at $17bn.  WeWork previously raised $969m in funding at a $10bn valuation.  Investors in the company include Benchmark Capital, Harvard Management, Fidelity Investments, Goldman Sachs, T. Rowe Price, J.P. Morgan and Wellington Management.

WeWork is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 101 companies organized by investment theme.