Industrious, a Brooklyn-based coworking firm has recently closed a series C financing round to help in company expansion and research into new workplace technologies. The round was co-led by both Riverwood Capital and Fifth Wall Ventures.
Industrious is proving a venture capital darling. The premium workplace platform and coworking solutions provider just closed an $80 million Series C funding round, with repeat investor Riverwood Capital and Fifth Wall Ventures acting as co-leads. The financing paves the way for five-year-old Industrious to bolster its leadership in the increasingly vital coworking niche of the office real estate market.
Riverwood and Fifth Wall were joined in the funding round by Alrai, Outlook Ventures, Rabina Properties, Schechter Private Capital and Wells Fargo Strategic Capital. The event comes 11 months after Industrious closed a $25 million Series B financing round, led by Riverwood Capital.
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