Women-led coworking firm The Wing has raised an additional $75 million in a Series C funding round, bringing their grand total to $117.5 million since launching in 2016.
It is rare for a women-only business to raise this much money in this amount of time. They are continuing to make huge strides with Jess Lee, a partner at Sequoia Capital, joining the board of directors along with Kara Nortman, an Upfront Ventures partner.
Airbnb joined the round as well, as well as former Obama White House adviser Valerie Jarrett, political consultant Hilary Rosen, and actress Kerry Washington. Women’s soccer players Alex Morgan, Meghan Klingenberg, Megan Rapinoe, and Becky Sauerbrunn also invested.
“The Wing is more than a company, it’s a phenomenon. Every Wing location is its own extraordinary community of women who help each other achieve new heights, professionally and personally,” said Lee. “We’re excited to partner with The Wing on growing its footprint globally in the physical realm and into the digital realm.”
The Wing was founded by Audrey Gelman and Lauren Kassan and currently has 6,000 members in their offices that offer community-building and coworking spaces. The money from funding will go towards growing the company both online and offline, according to Gelman.