Map of Boston Coworking Spaces
Summary
The New York-based company—which operates coworking spaces in 12 U.S. cities, as well as locations in the U.K., Israel, and the Netherlands—raised $433.9 million in its latest funding round at a whopping $10 billion valuation, the Wall Street Journal reported in June.Eight spaces are focused on specific sectors or types of tenants, from fintech to healthtech, and from women-owned businesses to creative professionals tackling social justice issues.If and when there’s a pullback in VC investments, when startups die off and demand for shared offices dips, will we see more of them in Boston join the likes of Betahouse and the local outpost of Dogpatch Labs in the coworking space graveyard?Smaller coworking spaces have less financial upside because they can’t sign up as many members or tenants, but the flipside is they won’t get hit as hard in a market slump, he says.The idea is to create a network of “neighborhood productive spaces” throughout the city that offer an alternative to working from home, a traditional office, or a coffee shop, Cove co-founder and CEO Adam Segal says.
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