# With Studios

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/with-studios

- Industry: Real Estate Development & Operating Companies
- Headquarters: Brooklyn, US
- Website: www.with.co
- Total disclosed funding: $28M
- Latest round: Series A (Jul 5, 2021)
- Investors on record: 11

## About

Founded in 2019 and based in New York, US, With Studios, Inc., trading as Withco, operates as a provider of online commercial property services for small and medium businesses (SMEs). In February 2022, Withco raised USD 28 million in Series A funding co-led by new investors Canaan Partners, Founders Fund, Initialized Capital, and NFX, with participation from other new investors BoxGroup, Dreamers Fund, Enlightened Hospitality Investments, LenX, Not Boring Capital, Quiet Capital, and thirty5 Ventures. The round was part of a larger USD 32 million in Seed and Series A funding. The company is led by its founder and CEO, Kevin Song. 

Withco provides a lease-to-own service. It purchases commercial properties in partnership with small businesses through its lease-to-own model. The company is currently focused on single-tenant commercial properties that are valued at less than USD 5 million with a market cap rate. Withco works with business owners that are looking to stay in their current property, move to a new location, or expand to more than one location and is available in all 50 US States. 

The company plans to use the 2022 funding to hire across its engineering, product, data science, sales and operations teams, as well as to expand into new markets across the U.S. Withco also intends to continue building new partnerships with brokerage and developers.

## Funding rounds

- Series A, Jul 5, 2021, $28M — Canaan Partners, Founders Fund, Initialized Capital, BoxGroup, NFX, Enlightened Hospitality Investments, Quiet Capital, Dreamers VC, Thirty5 Ventures, LenX, Not Boring Capital

## Investors

- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series A
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Series A
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Series A
- NFX (https://capitalatlas.ai/funds/nfx) — Series A
- Enlightened Hospitality Investments (https://capitalatlas.ai/funds/enlightened-hospitality-investments) — Series A
- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Series A
- Dreamers VC (https://capitalatlas.ai/funds/dreamers-vc) — Series A
- Thirty5 Ventures (https://capitalatlas.ai/funds/thirty5-ventures) — Series A
- LenX (https://capitalatlas.ai/funds/lenx) — Series A
- Not Boring Capital (https://capitalatlas.ai/funds/not-boring-capital) — Series A