WeWork Poised To Raise $300-400M In Private Equity Funding

December 15, 2014 | The communal office space WeWork is reportedly in the final stages of raising $300-400 million in new private equity funding, according to “Fortune” magazine. The New York-based company previously raised over $157 million in private funding, including a reported $150 million from JP Morgan, Harvard Corp., Benchmark and Mort Zuckerman. WeWork, founded by Miguel McKelvey and Adam Neumann in 2010, and since has opened shared work spaces in over 20 locations, with reported plans to expand to over 60 locations by this time next year. WeWork has two locations in Tel Aviv and will opening an additional location in Herzliya Pituach in the coming months.