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Industrious pulls in $80M in series C funding round

Industrious LLC raised $80 million in a series C funding round co-led by Riverwood Capital LLC and Fifth Wall Ventures.

Other investors participating in the round were Alrai, Outlook, Rabina Properties, Schechter Private Capital and Wells Fargo Strategic Capital.

Industrious said it will use the funding to support its expansion effort and finance further research on the future of work and workplace technologies.

The workplace and co-working platform has more than tripled its locations across 25 cities, at 150% revenue CAGR over the past three years, according to a release.