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Workspace Startup WorkChew Raises $2.5M Seed to Innovate the Hospitality Industry

WorkChew — a Black women-founded startup that transforms hotels and restaurants into on-demand workspaces — just announced an oversubscribed $2.5 million seed funding round raised to further the company’s mission. The round was led by Harlem Capital and saw participation from other VC firms such as Wilshire Lane Partners, Invictus Advisory Group, Techstars Ventures, and RW Capital Investments, Inc. Additionally, individual investments came from angel investors, including Kabbage co-founder Kathryn Petralia, Etsy co-founder Chris Maguire, Kyle Tibbits of Paradox Capital, and Alex Chan, formerly of UBER. The startup plans to use the new funding to further build out its team, product development, and marketing to help increase customer acquisition and build supply across the U.S. WorkChew was co-founded by CEO Maisha Burt and COO Allyson McDougal back in 2018, who at the time were two remote workers suffering from inconsistencies of not having flexible spaces to work from. According to...

Mar 17, 2021