Industrious, a New York-based premium workplace platform and coworking solution, closed an $80M Series C funding round.
The round was co-led by Riverwood Capital and Fifth Wall Ventures, with participation from Alrai, Outlook, Rabina Properties, Schechter Private Capital, and Wells Fargo Strategic Capital.
The company intends to use the funds to further experimentation and exploration surrounding the future of work and workplace technologies, which will lead to more efficient and effective use of space.
Founded in 2013 by Jamie Hodari and Justin Stewart, Industrious provides companies ranging from SMBs to the Fortune 500 with a workplace platform to fully outsource their office space management needs and to transform coworking and office space management into an elegant and premium experience.
The company, which also works with landlords and real estate firms, has a national footprint of 35 locations.
The group behind PivotDesk (acquired approximately one year ago) launched Central, a new, curated marketplace for flexible, sophisticated office space.