WeWork rival raises $152 million from investors

Jamie McKane

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WeWork rival raises $152 million from investors

Convene, a New York-based real estate startup that specializes in flexible meeting and working space, has raised $152 million from investors including Revolution Growth, Brookfield Property Partners LP and the Durst Organization, its co-founders said.

The Series D round values the company at more than $500 million, according to a person familiar with the matter who asked not to be named.

[Bloomberg]
 
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