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Industrious is a technology company.
Industrious has raised $222.0M across 4 funding rounds.
Key people at Industrious.
Industrious was founded in 2013 by Jamie Hodari (Co-Founder and CEO) and Justin Stewart (President & Co-Founder).
Industrious has raised $222.0M in total across 4 funding rounds.
Industrious provides a premium workplace platform, offering flexible office solutions that combine five-star service with stunning design. The company builds collaborative spaces, private offices, and large enterprise suites, all crafted to deliver an unparalleled experience for its members. Its approach integrates hospitality-level amenities and thoughtfully designed environments to enhance productivity and overall satisfaction within the modern work setting.
The company was conceived in 2012 by childhood friends Jamie Hodari and Justin Stewart. Both had experience as members of various coworking spaces, which provided the foundational insight for Industrious. They recognized an opportunity to elevate the standard flexible workspace model, moving beyond simply providing desks to creating a superior, experience-driven workplace environment that prioritizes user needs and comfort.
Industrious serves companies of all sizes and stages, from growing startups to established enterprises seeking adaptable and high-quality office solutions. The company's vision centers on redefining the modern workplace by fostering community and providing an environment where businesses can thrive. It aims to empower organizations with the infrastructure and atmosphere necessary for sustained success and innovation.
# Industrious: A Workplace Platform, Not a Technology Company
Industrious is a premium flexible workspace provider, not a technology company in the traditional sense. Founded in 2013 and headquartered in New York, Industrious operates a national network of coworking spaces and private offices across 50+ cities, serving companies and professionals seeking thoughtfully-designed workspaces[4]. The company generates approximately $71.7 million in revenue and employs around 1,500 professionals worldwide[3].
Industrious provides workplace suites, private offices, and community memberships to companies of all sizes[3]. The platform addresses a fundamental business problem: enabling teams to access professional, flexible workspace without the commitment and overhead of traditional long-term leases. Members can work from Industrious locations across the U.S., U.K., Europe, and Asia, making it particularly valuable for distributed teams and growing companies that need scalable office solutions[4].
The company's value proposition centers on removing operational friction—fast Wi-Fi, maintained facilities, professional design, and responsive staff handle "thousand little, critical details that distract you from getting your work done"[4]. Industrious differentiates itself through high member satisfaction ratings on Google and Yelp, suggesting strong execution on the service side[4].
Industrious operates within the PropTech sector, riding the secular shift toward flexible work arrangements accelerated by remote work normalization post-2020[2]. The company benefits from several market tailwinds: the rise of distributed teams, the decline of traditional office occupancy, and growing demand from startups and scale-ups that need professional space without long-term capital commitment.
The workspace market has consolidated around premium providers like Industrious, which compete on service quality and community rather than price. This positions Industrious as a beneficiary of the "flight to quality" in flexible workspace—companies increasingly prefer curated, well-maintained environments over budget alternatives.
Industrious has raised $185 million across four funding rounds, with an $80 million Series C indicating strong investor confidence in the flexible workspace thesis[3]. The company's growth trajectory depends on several factors: sustained demand for hybrid and flexible work arrangements, the ability to maintain profitability in a capital-intensive business model, and expansion into new geographies.
The broader workspace market remains dynamic, with competition from WeWork (post-restructuring) and emerging regional players. Industrious' differentiation through premium service and community positioning suggests it will continue capturing the higher-margin segment of the flexible workspace market—companies willing to pay for quality and reliability rather than seeking the cheapest option. As corporate real estate strategies continue evolving, Industrious' ability to serve as a trusted partner for distributed teams positions it well for sustained growth.
Industrious was founded in 2013 by Jamie Hodari (Co-Founder and CEO) and Justin Stewart (President & Co-Founder).
Industrious has raised $222.0M in total across 4 funding rounds.
Industrious's investors include Astanor Ventures, Fifth Wall, Imaginary Ventures, Sapphire Ventures, Ann Berry, Brookfield Property Partners, Equinox, Granite Properties, Francisco Alvarez-Demalde, Jake Elghanayan, Wells Fargo Strategic Capital, Brad Greiwe.
Key people at Industrious.
Industrious has raised $222.0M across 4 funding rounds. Most recently, it raised $80.0M Series D in August 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 2, 2025 | Antares | $96.0M Debt / Series B | Alex Hartz | 53 Stations, Alt Capital, Caffeinated Capital |
| Jun 1, 2023 | NUVIEW | $12.0M Series A | MaC Venture Capital | Stride VC, Leonardo DiCaprio, Broom Ventures, Cortado Ventures, Florida Funders, Liquid 2 Ventures, Veto Capital |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2019 | $80.0M Series D | Astanor Ventures, Fifth Wall, Imaginary Ventures, Sapphire Ventures, Ann Berry, Brookfield Property Partners, Equinox, Fifth Wall, Granite Properties, Francisco Alvarez-Demalde, Jake Elghanayan, Wells Fargo Strategic Capital | |
| Feb 1, 2018 | $80.0M Series C | Brad Greiwe, Francisco Alvarez-Demalde | Jana Messerschmidt, Astanor Ventures, Dragonfly Capital Partners, ENIAC Ventures, Fifth Wall, Founders' Co-op, Imaginary Ventures, Khosla Ventures, KRM Interests LLC, Lightbank, Nyca Partners, Red Swan Ventures, Renegade Partners, Ann Berry, Balaji Srinivasan, Julian Koh, Louis Beryl |
| Mar 28, 2017 | $25.0M Series B Extension | Francisco Alvarez-Demalde | Maple Woodward, Outlook |
| Sep 13, 2016 | $37.0M Series B | Francisco Alvarez-Demalde | Maplewood, Outlook Ventures |