Neumann's Flow Secures $100M, Doubles Valuation to $2.5B

Adam Neumann, former WeWork CEO, has raised over $100 million in a Series B funding round for his residential real estate startup Flow, boosting the company's valuation to approximately $2.5 billion. The round saw renewed investment from Andreessen Horowitz, which had previously invested $350 million in Flow when it was valued at $1 billion in 2022. Flow aims to reshape residential living by integrating technology, design, hospitality, and community into a vertically integrated rental and co-living platform. Neumann has positioned Flow as a reinvention of residential real estate, with offerings such as Flow House, a condo concept touted as a leading seller in South Florida. Despite skepticism stemming from Neumann’s troubled WeWork history, Flow’s ambitious vision and rapid growth have attracted significant attention from both Silicon Valley and Wall Street. Neumann has indicated that Flow could eventually go public but emphasized there is no rush to pursue an IPO.