×
You will be redirected back to your article in seconds

Kerry Washington, Time’s Up Leaders Among Investors in The Wing, a Women’s Workspace Startup

Actress-producer Kerry Washington and leaders behind Time’s Up joined a $75 million funding round in The Wing, a startup that runs a network of work and community spaces designed for women.

The Series C round was led by Sequoia Capital, with participation from new investors Upfront Ventures, Airbnb and existing investors NEA and WeWork, a major player in the shared-workspace business. The new round brings The Wing’s total funding to date to $117.5 million.

Members of Time’s Up leadership who invested in The Wing include producer Katie McGrath of Bad Robot Prods. (who is co-CEO with J.J. Abrams), former Obama adviser Valerie Jarrett, and two co-founders of Time’s Up Legal Defense, lawyer Robbie Kaplan and political consultant Hilary Rosen. In addition, four U.S. Women’s National Soccer Team players — Alex Morgan, Megan Rapinoe, Meghan Klingenberg and Becky Sauerbrunn — also joined the round.

In a tweet, Washington said she was “Honored and excited to be part of this amazing community of women!”

New York-based The Wing, founded in 2016, now counts over 6,000 members and operates locations in New York City, Washington, D.C., and San Francisco. It plans to open new locations in 2019 in West Hollywood, Chicago, Boston, London, Toronto, and Paris. The Wing’s membership plans start at $215 per month for access at a single location.

With the funding, Sequoia partner Jess Lee and Upfront partner Kara Nortman have joined The Wing’s board. Both are founding members of All Raise, a coalition of women dedicated to increasing access for women and minority founders and investors in Silicon Valley.

“The Wing’s mission is the advancement of women through community, and we could not be more excited to partner with such a powerful community of women who lead their fields in tech, Hollywood, policy, and sports. This round is proof positive that women can be on both sides of the table,” Audrey Gelman, The Wing’s co-founder and CEO, said in a statement. “This investment will enable us to further The Wing’s mission and scale to new heights both offline and online.”

More Digital

  • Meg Whitman and Jeffrey Katzenberg

    Quibi Has Already Booked $100 Million in Ad Sales, Jeffrey Katzenberg and Meg Whitman Say

    Quibi, the ambitious short-form video venture from Jeffrey Katzenberg and CEO Meg Whitman, has sold $100 million in upfront ad inventory with six advertisers ahead of its April 2020 debut. Advertisers that have committed ad spending to Quibi include Google, Procter & Gamble, PepsiCo, Walmart, Progressive and AB InBev, according to the company. The $100 [...]

  • China's iQIYI Signs Content, Channel Pact

    China's iQIYI Signs Content, Channel Pact With Malaysia's Astro

    Astro Malaysia, Malaysia’s leading pay-TV operator, has struck a strategic agreement with Chinese streaming platform iQIYI. Astro obtains the exclusive rights to deliver iQIYI content on TV, on-demand and via OTT in Malaysia. It will launch the first iQIYI-branded channel comprising iQIYI’s extensive slate of original content from drama to variety shows and movies. Astro [...]

  • Toy Story 4 Forky

    ‘Toy Story 4’ Tops Studios’ TV Ad Spending

    In this week’s edition of the Variety Movie Commercial Tracker, powered by TV ad measurement and attribution company iSpot.tv, Disney Pixar claims the top spot in spending with “Toy Story 4.” Ads placed for the animated film had an estimated media value of $5.53 million through Sunday for 1,073 national ad airings on 38 networks. [...]

  • Murder Mystery

    Netflix Reveals Record-Breaking Stats for Sandler-Aniston 'Murder Mystery' Flick

    “Murder Mystery,” the latest Adam Sandler film to debut on Netflix, broke viewing records on the streaming service, the company revealed Tuesday. The film, which is co-headlined by Jennifer Aniston, was seen by close to 30.9 million households in its first 3 days, according to a tweet sent out Tuesday afternoon. 🚨ADAM SANDLER AND JENNIFER [...]

  • Charles Caldas To Step Down as

    Charles Caldas To Step Down as Merlin CEO

    Charles Caldas, the only CEO that the independent-label collective Merlin has ever known, announced today that he will step down from his post at the end of 2019, after more than 12 years at the helm of the global rights organization. He will continue his current duties until then and work with the Merlin board to [...]

  • Vice Media Digital Makeover Triggers Traffic

    Vice Media Digital Makeover Triggers Traffic Slide

    Life on its own online isn’t easy for Vice Media. Ending the digital publisher’s controversial practice of rolling up web traffic for partner sites into an aggregated number resulted in the total domestic traffic falling nearly by half between March 2019 and the following month, according to Comscore. The numbers improved slightly for May, when [...]

  • Merlin Reports Record Distributions for 2019

    Merlin Reports Record Distributions for 2019

    Global indie-label collective Merlin reported record distributions in its 2019 membership report, paying $845 million to label and distributor members between April 2018 and March of this year. That figure, a 63% year-over-year increase, includes more than $130 million paid out this year from non-royalty income — and included in that figure is the estimated [...]

More From Our Brands

Access exclusive content