# The Wing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-wing

- Industry: Travel & Leisure
- Headquarters: New York, US
- Website: www.the-wing.com
- Total disclosed funding: $118M
- Latest round: Series C (Dec 19, 2018)
- Investors on record: 10

## About

The Wing is a women-focused coworking space designed to foster community, collaboration, and creativity among its members through a thoughtfully crafted environment and a range of services.Founded in 2015 in New York, US, The Wing is a coworking space that caters specifically to women, offering a supportive environment for networking and productivity. The company has received notable investments, including a Series C round led by Sequoia Capital in February 2021, raising a total of USD 75.00 mn, which is also the total amount raised across its funding rounds. The Wing has established multiple locations, facilitating its mission to empower women in professional spaces.The company specializes in providing extensive coworking services tailored for women, featuring private offices, meeting rooms, and event spaces that promote collaboration and creativity. Additionally, The Wing offers community programming and networking events aimed at fostering connections among female professionals. The spaces are designed to create an inclusive atmosphere, equipped with amenities that support work-life balance and professional growth.The company's revenue model primarily revolves around membership fees paid by users for access to its coworking spaces and services. Revenue is generated through various tiers of membership, enabling clients to engage with the facilities and participate in events. Pricing plans are structured to accommodate different needs but specific figures are not disclosed. This model allows The Wing to align with the increasing demand for dedicated workspaces that promote community and collaboration.The Wing aims to expand its reach by launching new locations in key markets, targeting cities such as Los Angeles, Chicago, and London by 2023. With the recent funding of USD 75.00 mn from its Series C round, the company plans to enhance its offerings and increase its footprint in the coworking industry. In February 2021, The Wing structured its growth strategy around community engagement and new amenities, ensuring a focus on the evolving needs of women in the workforce.

## Funding rounds

- Series C, Dec 19, 2018, $75M — New Enterprise Associates, Hong Shan, Upfront, Airbnb, Inc., WeWork Companies Inc.
- Series B, Nov 21, 2017, $32M — New Enterprise Associates, WeWork Companies Inc.
- Series A, Apr 3, 2017, $8M — Kleiner Perkins, New Enterprise Associates, BBG Ventures
- Seed, Sep 16, 2015, $2.5M — Brand Foundry Ventures, BBG Ventures, Brainchild Holdings, Serena Ventures

## Investors

- Brand Foundry Ventures (https://capitalatlas.ai/funds/brand-foundry-ventures) — Seed
- BBG Ventures (https://capitalatlas.ai/funds/bbg-ventures) — Seed, Series A
- Brainchild Holdings (https://capitalatlas.ai/funds/brainchild-holdings) — Seed
- Serena Ventures — Seed
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B, Series C
- WeWork Companies Inc. — Series B, Series C
- Hong Shan — Series C
- Upfront (https://capitalatlas.ai/funds/upfront) — Series C
- Airbnb, Inc. — Series C