WeWork has formed a strategic partnership with Upflex, a coworking aggregator and global flexible workplace startup, to establish a combined global network of over 5,500 locations.
WeWork will also participate in Upflex’s Series A funding alongside additional investors.
Through the partnership, both WeWork and its members will gain access to Upflex’s aggregated portfolio of over 4,800 third-party spaces, provided by over 700 flexspace operators across 80 countries.
Additionally, this partnership will position WeWork to roll out enhanced WeWork Access membership options where members will have the ability to search, view and book space at select non-WeWork locations within the Upflex network.
Sandeep Mathrani, CEO of WeWork, said, “We are pleased to invest in and partner with the great team at Upflex, whose vast network of flexible office locations and offerings are a strong addition to WeWork’s portfolio. As we look to the future of work, this partnership will not only drive more value in our own product offerings for WeWork members, but also promote a more innovative and collaborative flex ecosystem that is continually thinking of new ways to better serve the workforce.”
Christophe Garnier, CEO of Upflex, said, “This partnership is a significant step forward for both our supply partners, who will see huge demand growth, and our customers, who will be able to embrace the largest and highest quality flex network in the world. WeWork and Upflex share the same goal: create a better workplace for everyone, and we are excited to take the industry to a new level by matching the largest players in supply and demand together.”