DLA Piper represented Industrious in the recent closure of a US$80 million Series C funding round co-led by Riverwood Capital and Fifth Wall ventures. The funding provides Industrious the resources to support the company's accelerated expansion and workplace innovation. The company has more than tripled its number of locations across 25 cities.

New York-based Industrious is a dominant force in the coworking industry with a national footprint of 35 locations, providing best-in-class workplace management and stunning design for companies ranging from SMBs to the Fortune 500. The Industrious workplace platform enables businesses of every size and stage to fully outsource their office space management needs, balancing enterprise-class, productivity-oriented workspace solutions for companies with top-notch hospitality and welcoming work environments for their employees.

The DLA Piper team representing Industrious was led by partner Jonathan Axelrad (San Francisco), and also included associate Briana Belligio (Chicago), and Winston Gu.