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Industrious Raises $80M In Series D To Accelerate Asset-light Growth Through Landlord Partnerships | Benzinga
Posted on: Aug. 22, 2019, 4:01 p.m.
NEW YORK, Aug. 22, 2019 /PRNewswire/ -- Industrious, the largest premium flexible workspace provider in the U.S., today announced that it has closed an $80 million Series D funding round focused on strategic landlord partners. The round accelerates Industrious's industry-first evolution to exclusively signing asset-light and low-risk landlord partnerships. The company expects to be profitable in Q1 2020. Through landlord partnerships, Industrious manages and operates flexible workspaces, large enterprise suites, and building-wide shared amenities while providing landlords income 30% above … Full investment news articleRelevent to this post: Wells Fargo & Company ,