Women-focused coworking space The Wing just raised $75 million led by Sequoia Capital

The Wing co-founders Lauren Kassan (left) and Audrey Gelman just raised $US75 million. Sarah Jacobs/Business Insider
  • The Wing, a coworking space company for women, just raised $US75 million.
  • The round was led by Sequoia Capital, whose partner Jess Lee will join the board.
  • The coworking space has raised $US117 million altogether from investors including WeWork and Airbnb.

The Wing, a female-focused coworking space company, has raised $US75 million in a Series C, the company announced Wednesday.

The round was led by Sequoia Capital partner Jess Lee, former CEO of Polyvore, with participation from Upfront Ventures, Airbnb, and existing investors at NEA and WeWork. Lee and Upfront partner Kara Nortman will both join The Wing’s board.

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All together, The Wing has raised $US117 million since its founding in 2016. The company’s last round was in November 2017 when it raised $US32 million led by WeWork.

“The Wing is more than a company, it’s a phenomenon,” Lee said in a statement “We’re excited to partner with The Wing on growing its footprint globally in the physical realm and into the digital realm.”