NeueHouse Raises $30M in Funding

NeueHouseNeueHouse, a NYC-based private cultural and collaborative space for prominent creatives, artists and entrepreneurs, raised $30m in funding.

The round was led by an investment vehicle of the Diller-von Furstenberg Family Office alongside new strategic investors Gaw Capital and Meyer Bergman’s Revolt Ventures.

Led by newly appointed CEO Josh Wyatt, NeueHouse offers a place for creatives, artists and entrepreneurs to come together and share ideas on culture. The NeueHouse membership currently comprises a prominent collective of creators across two locations in New York and Los Angeles.

The company intends to use the funds to scale its platform and invest further into its existing operations and programming. Near-term expansion will include two new locations in Los Angeles (Venice and Downtown), with longer-term plans for further openings in New York City as well as new sites in San Francisco, Toronto, Miami, Washington DC, Austin, Nashville, Seattle, Portland and other key North American cities.

Wyatt previously served as the President of Equinox Hotels. Prior to this role, he was the Co-Founder and Chief Strategic Officer of Generator Hostels, a global brand, which offered upscale, design-focused hostel accommodations.

FinSMEs

27/11/2018

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