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Former WeWork CEO Adam Neumann has raised over $ 100 million in capital for his proptech inauguration , Flow , in a round that values that society at about $ 2.5 billion , Bloombergreportedon Thursday .
Citing anon. sources familiar with the deal , Bloomberg reported that be angel Andreessen Horowitz ( a16z ) participated in the financing .
Neumann tell Bloomberg that he was “ sure ” Flow was a company that could go public “ one day . ”
run — a residential real estate company focalise on rentals and co - living — raised$350 million from Andreessen Horowitzat a rating of $ 1 billion in 2022 . The funding raised eyebrows given the debatable history of Neumann ’s premature startup , WeWork . Once valued at $ 47 billion , WeWork file forbankruptcy protectionin 2023 and was finally acquire by Yardi , a literal estate chemical group , for $ 450 million .
TechCrunch has reached out to Andreessen Horowitz and Flow for comment .
