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§ Venture Capital · New York City, NY, USA
Family office investing Adam Neumann's private capital in early-stage startups, real estate, and venture funds, focused on proptech and fintech.
Key people at 166 2nd.
166 2nd was founded in 2019 by Adam Neumann (Co-Founder & CEO) and Rebekah Neumann (Co-Founder).
166 2nd Financial Services operates as a family office dedicated to strategically deploying capital into and fostering the growth of innovative enterprises. The firm focuses on a diverse portfolio, encompassing multi-family real estate alongside venture investments in high-growth sectors such as financial technology, property technology, cryptocurrency, and health technology. Through a meticulous investment approach, 166 2nd aims to identify and support businesses poised for significant market impact.
The firm was co-founded in 2019 by Adam and Rebekah Neumann, following Adam Neumann's significant role as a co-founder of WeWork. Their vision stemmed from a desire to leverage their accumulated wealth and extensive entrepreneurial experience to actively cultivate the next generation of groundbreaking companies. This insight positioned them to transition from building a large-scale enterprise to empowering other founders with capital and strategic guidance.
166 2nd primarily serves early-stage and growth-stage companies seeking strategic capital and operational expertise. The firm’s overarching vision is to contribute to the development of a robust ecosystem of forward-thinking businesses by providing foundational support. It seeks to back ventures that promise to redefine industries and create lasting value, ultimately shaping future markets and technologies.
166 2nd was founded in 2019 by Adam Neumann (Co-Founder & CEO) and Rebekah Neumann (Co-Founder).
Key people at 166 2nd.
166 2nd has 5 tracked investments across 4 companies. The latest tracked deal is $50.0M Other Equity in Alfred in March 2022.