The industry is forecast to grow to more than 6,000 sites by 2022 from less than dozen a decade ago, according to Emergent Research and GCUC. New York co-working start-up Industrious plans to increase its number of locations to 60 by the end of the year, following an $80m series C funding round. Industrious, which has raised $142m in total, is positioning itself as a contender in an industry predicted to grow to more than 6,000 sites by 2022, as companies such as Hines and Equity Office, owned by the Blackstone Group, seek out preferred partners. The company says it will use the money from Series C, led by venture capital firm Andreessen Horowitz, to expand into new markets including China, India and Brazil.
New York co-working start-up Industrious plans to increase its number of locations to 60 by the end of the year, following an $80m series C funding round. Industrious, which has raised $142m in total, is positioning itself as a contender in an industry predicted to grow to more than 6,000 sites by 2022, as companies such as Hines and Equity Office, owned by the Blackstone Group, seek out preferred partners. The company says it will use the money from Series C, led by venture capital firm Andreessen Horowitz, to expand into new markets including China, India and Brazil.