Industrious National Management Company LLC
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Industrious National Management Company LLC - overview
Established
2013
Location
New York, NY, US
Primary Industry
Commercial Property
About
Industrious National Management Company LLC, based in the US, offers tailored flexible workspace solutions designed for hybrid teams and workers, promoting productivity and collaboration across various sectors. Industrious specializes in flexible workspace solutions, providing coworking and private office memberships. Founded in 2013 in New York, US, the company has completed 7 deals. The latest funding round, LP Direct, raised USD 400.
00 mn from CBRE in January 2025, bringing the total amount raised to USD 400. 00 mn. The founders include Jamie Hodari, Jim Elliston, Justin Stewart, Marc Watson, and Stephen Hitt, with Jamie Hodari serving as CEO. Industrious offers flexible workspace solutions tailored for hybrid workers and teams across multiple sectors.
Their primary offerings include coworking memberships with 24/7 access to communal workspaces and private office memberships for teams of 1 to 20, fully furnished and move-in ready. Meeting room rentals for up to 20 people are also available, equipped with video conferencing capabilities. The company operates over 160 locations across 65 cities in the US and internationally, serving a wide range of clients from startups to Fortune 500 companies. Industrious generates revenue through subscription-based membership plans that provide various workspace solutions.
Clients can select from coworking or dedicated office memberships, with pricing reflecting the selected services and amenities. Additionally, revenue is supplemented through meeting room rentals, enabling clients to book spaces for meetings or presentations. This membership model fosters long-term relationships with diverse clients while ensuring a steady income stream. Industrious plans to utilize the recent acquisition by CBRE, where a 60% majority stake was acquired for approximately USD 400 mn, to support its growth.
The company aims to expand its reach into new markets and geographic regions, with specific plans to increase its international presence. Upcoming product launches and innovations in workspace solutions are anticipated to align with the company's strategic initiatives, ensuring adaptability to the evolving needs of modern businesses.
Current Investors
CBRE, Outlook Ventures, MapleWood Equity Partners
Primary Industry
Commercial Property
Sub Industries
Construction, Commercial Property
Website
www.industriousoffice.com
Total Amount Raised
Subscriber access only
Industrious National Management Company LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Industrious National Management Company LLC | - |
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