Former Waywork CEO Adam Newman has collected more than $ 1 million in capital for Floo, the company has a values of about $ 2.5 billion, Bloomberg. Report Thursday.
Citing anonymous sources familiar with the agreement, Bloomberg said that the existing Backer Andresen Harovits (A1 16 Z) participated in the financing.
Newman told Bloomberg that he was a “sure” stream that was a company that “one day” could go public.
Flow-a residential real estate company focuses on renting and co-living-in 2022, Andresen has collected $ 350 million from Harovitz from Harovitz. In the assessment of $ 1 billion in 2022. Fund raised eyebrows were given to Newman’s previous startup, a problematic history of Wework. Once $ 47 billion was valuable, Waywork filed for bankruptcy in 2023 and was eventually acquired by Real Estate Group Yardy for $ 450 million.
TechCrunch has reached Andresen Harovits and flows for comments.