How Two Women Entrepreneurs Raised $2.5 Million To Turn Hotels And Restaurants Into On-Demand Flexible Workspaces
Prior to the pandemic entrepreneur Maisha Burt found the scenery from her dining room table to wear on her and she desired a new work environment. After exploring her city to identify locations to work, she wondered if it were time to invest in a co-working space or traditional office.
After mulling over the question for some time she located a restaurant that provided a great environment to grab a bite and squeeze in some work. It was at that moment a lightbulb went off for her. She then founded the startup WorkChew, an organization that turns hotels and restaurants into on-demand flexible workspaces.
And on March 17, the startup announced that it had raised $2.5 million in a seed round that was oversubscribed. The deal was led by Harlem Capital including participation from Invictus Advisory Group, Wilshire Lane, Techstars Ventures, and RW Capital Investments. This also included solo investments from angel investors including Etsy cofounder Chris Maguire, Alex Chan, and Kyle Tibbits, and Kabbage cofounder Kathryn Petrali.
Here’s more on how this successful startup has raised and is leveraging a seed round amid a time where many seek to consider new modes of work.
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