Furniture rental service CasaOne has added co-working space operator WeWork to an investor base that already included JLL Spark.
Co-working space operator WeWork has participated in a $16m round for US-based furniture rental company CasaOne, according to the Wall Street Journal (WSJ).
The round reportedly valued CasaOne at $100m to $150m and was led by venture capital firm Accel with participation from other unnamed investors. WSJ’s sources indicate WeWork contributed $2m to the deal.
CasaOne leases home furniture through its online platform across six urban centres in the US. Monthly instalments help its customers rent higher-value furnishings than they…