Upflex – a global provider of hybrid workspace solutions – has closed a $30 million Series A round led by WeWork with participation from notable strategic investors Newmark and Cushman & Wakefield.
Returning investor Ecosystem Integrity Fund, and top venture funds including GPO Fund, Coelius Capital, Industry Ventures, Inertia Ventures, Perennial Private Investments, and Silicon Valley Bank also participated in the round.
This brings Upflex’s total funds raised to-date to $34.1 million.
Upflex will utilise this capital infusion to further accelerate its core mission of creating a multi-faceted technology standard that connects occupiers, brokerage firms and flex space partners with the solutions that the flex industry needs to meet the demand of the hybrid generation.
