Fundz

Workbox raises $17.5M in a Series A funding round led by Chicago Atlantic with an option to upsize to $23M

PRIVATEJun 03, 2024

Amount Raised

$17.5 Million

Round Type

Series A

ChicagoReal Estate

Investors

Chicago Atlantic

Description

Workbox, the Chicago-based national workspace operator, successfully raised $17.5 million in its Series A equity round with a follow-on option to secure an additional $5.5 million. This round of funding will help Workbox accelerate its growth across the United States and expand its operations. The additional capital provides significant liquidity to expand Workbox at a time when much of the sector remains heavily capital constrained.

Quick answer

Workbox raised $17.5 Million in a Series A round, dated June 3, 2024. Investors: Chicago Atlantic. Workbox is based in Chicago, Illinois, United States.

How much did Workbox raise?
Workbox raised $17.5 Million in a Series A round on June 3, 2024.
Who invested in Workbox?
Chicago Atlantic is named as investors in this round.
What does Workbox do?
Workbox is a national workspace operator and platform for professionals to connect.
Where is Workbox based and how big is it?
Workbox is based in Chicago, Illinois, United States.
Who are the decision-makers at Workbox?
Fundz holds 1 contact at Workbox. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate around the same time

Companies in the same sectors as Workbox that raised within 45 days of this round, from Fundz verified event records.

  • Trinity Investors raised $560K on July 18, 2024.
  • Lhoopa raised $80M (Funding Round) on July 16, 2024.
  • Jugyah raised $1.5M (Seed) on July 11, 2024.
  • Switchee raised $6.5M (Private Equity) on July 10, 2024.
  • MetaWealth raised $2.2M (Pre-Series A) on July 9, 2024.
  • Pipeimob raised $455K (Pre-Seed) on July 8, 2024.

Who to call at Workbox, and when

A new round usually means Workbox is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Workbox raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Workbox, from your own LinkedIn network

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Company Information

Company

Workbox

Location

Chicago, Illinois, United States

About

Workbox is a national workspace operator and platform for professionals to connect. In addition to office space, we offer connection to investors, professional specialists, and high growth businesses across all of our locations. Our workspace products include private offices, reserved desks, floating access, as well as meeting and event space.

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Fundz sees it the moment Workbox raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Workbox raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.