New York co - working start - up Industrious plans to increase its number of locations to 60 by the end of the year , following an $ 80 m Series C funding round . Industrious , which has raised $ 100 m in total , is positioning itself as a contender in an industry predicted to grow to more than 100 sites by 2022 , as companies such as Hines and Equity Office , owned by the Blackstone Group , seek out preferred partners . Coworking is meeting the corporate demand for lower costs and more flexibility in leases, a workforce that is more entrepreneurial and tenants that care more about community and the environment, according to a recent study by Yardi Matrix. Industrious CEO Jamie Hodari said he expected revenues to increase , but would not be drawn on a possible initial public offering .
New York co - working start - up Industrious plans to increase its number of locations to 60 by the end of the year , following an $ 80 m Series C funding round . Industrious , which has raised $ 100 m in total , is positioning itself as a contender in an industry predicted to grow to more than 100 sites by 2022 , as companies such as Hines and Equity Office , owned by the Blackstone Group , seek out preferred partners . Industrious CEO Jamie Hodari said he expected revenues to increase , but would not be drawn on a possible initial public offering .