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NeueHouse raises $30M

Co-working industry continues its shift towards office management

New CEO Josh Hyatt (Credit: Agaton Strom / WSJ)

NeueHouse has raised an additional $30 million from Barry Diller’s Ranger Capital Advisors, Meyer Bergman’s Revolt Ventures, and Gaw Capital. The high-end co-working company has underperformed in the crowded space, and has therefore hired a new CEO, according to the WSJ.

Worth Noting: The upscale co-working company was founded in 2011, and has now raised $72.5 million. The new CEO, Josh Wyatt, has a background in the hospitality industry, which is indicative of the future of co-working — office management.

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