In The Loop: WeWork’s Valuation Might Rise, Menlo Backs Breather, Mindspace’s New App

Hot news from the industry this week: WeWork’s potential $35B valuation, Mindspace’s new app for brokers, and Breather’s funding round

WeWork Is Seeking $35 Billion Valuation
Bloomberg reported earlier this week that the coworking giant, WeWork, “is seeking to raise funds at a $35 billion valuation, a price tag that would place the coworking startup above companies like Airbnb and SpaceX.” The news came after a video of Rajeev Misra, CEO of SoftBank, was seen online where he stated that WeWork is “now raising money at $35 billion”.

Breather Raises $45 Million
Montreal-based flexible workspace provider, Breather, recently raised $45 million in a funding round led by Menlo Ventures. According to The Real Deal, “Breather’s recent funding rounds raised a combined $118 million.”

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Mindspace Launches New App
The Commercial Observer reported this week that Mindspace has launched a new app “that lets brokers placing tenants in a Mindspace outpost easily register and track referrals, earn commission and streamline all of their data in one place.” The app was created exclusively for brokers doing Mindspace deals in order to make the relationship between the flexible workspace operator and brokers “much more seamless.”