Reporter Account  Create New Account  Login!
Search :
QUICK LINKS : Art & Entertainment Automotive Blogging & Social Media Business Computer Design Education Environment Events / Trade Shows  
Acrylic Prints
Online assignment help by Copycrafter will free you from any academic issues
Left Ad
forpressrelease.com
There is no better press release writing company as 123 term papers.
Post Your Story for FREE!
forpressrelease.com
BuyEssaysCheap.com - affordable writing help
Go to Assignmentgeek.com and get your homework done.
Promote Your Events with Us!
forpressrelease.com
Professional press release writing services for smart people.
For Press Release Writing
forpressrelease.com
 
 
 
Press Release Details    
Add to Favorites  Mail to a Friend Print Page   Share This News Rate
Save This Listing     Stumble It          
106

UK PE fund takes a 10% stake in a local New Jersey Coworking Space

WorkSocial locks in $30M Equity Valuation. Plans 3 new spaces in New Jersey. Pioneering the trend of truly totally free office space. "We have demonetized and democratized office spaces thanks to the guidance of EXO and Peter Diamandis"

Today, WorkSocial, a minority- and woman-owned coworking space in New Jersey, announced a company valuation of $30 million after locking in investments from a group of European investors. The new funds will be used to expand WorkSocial’s footprint to a national scale.

The first phase of expansion consists of growing WorkSocial’s current Jersey City location by 10,000 square feet over the next 12 months. In addition to providing office space and administrative support, WorkSocial will continue to bring additional value to new and existing clients through new resources, including job fairs, hackathons, corporate education, networking events, and lunch & learn events.

WorkSocial’s client acquisition initiatives involve onshoring international companies from Israel, the United Kingdom, France, and Mexico. These companies represent a diverse array of growth-oriented industries: digital marketing, health care, human resources, and staffing.

With additional funding in place, WorkSocial is well positioned to help new clients reach elevated levels of success. A current client was recently acquired for $800 million in a major landmark deal, while another has scaled from 3 to 30 employees while doubling its footprint at WorkSocial.

As a leading innovator in the coworking space, WorkSocial has a new Jersey City location under development on Grove Street. Set to open in 2020, the space will serve as a much-needed incubator in the region and feature perks like free coworking and office space, entrepreneur mentorship, and funding. With commitment from large venture capital firms and other investors, WorkSocial plans to create a local Shark Tank-like environment by supplying funding to five companies every month at the Grove Street location.

For more information, contact:
Natasha Mohan
Natasha ( @ ) WorkSocial dot Works
(201) 210-8255

http://www.worksocial.works   
 
 

Contact Information

  • Name: donald hood

    Company: 1888pressrelease

    Telphone: -- , -

    Address: http://www.worksocial.works

    Email: dnldhd9@gmail.com