Shared Workspace Bond Collective Announces $50 Million in New Funding and Nationwide Expansion, Opening First Location in Philadelphia

NEW YORK, Nov. 14, 2017 -- Hospitality-driven shared workspace provider, Bond Collective, today announced that it has recently raised $50 million dollars in new funding from private investors to open 30 design-focused locations by 2020. The company’s first nationwide location will be in Philadelphia, Pennsylvania at One Penn Center, with penthouse views overlooking Love Park and the city skyline. Bond Station House is located in the historic landmark building, Suburban Station, allowing Bond Collective to bring new age shared workspaces and design to an old world building.

Bond Station House located in the historic Suburban Station building marks Bond Collective's first Philadelphia location outside of NYC.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3b370345-3549-467b-b2b7-1ece777e22c7

“This is an exciting time for Bond Collective, our members, and our team as we look to bring more sophisticated and accessible workspaces all over the country.” said Shlomo Silber, CEO & Co-Founder of Bond Collective. “With the additional resources, we’ll be able to create even more spaces for our members to be productive within, and develop a robust community built around our members’ actual preferences. We can’t wait to start our nationwide journey in Philadelphia, and join the neighboring community.”

Expanding nationwide in Philadelphia’s ‘front door’

With five shared workspace locations and event venues currently in Manhattan and Brooklyn, Bond Collective’s Bond Station House location will be their first location outside of the New York Metro area. Located above Suburban Station and a block from City Hall, Bond Station House’s 22,000 square foot campus will showcase 25' ceilings in the main lounge, wrap around penthouse terraces, custom built meeting areas and state of the art kitchens. Keeping in line with Bond Collective’s trademark design, Bond Station House is inspired equally by old world aesthetics and lasting modernism.

“We are thrilled to bring Bond Collective’s fresh design aesthetic to a new market in Philadelphia.” said Elide Grabowski, Director of Design at Bond Collective. “A landmarked and historic building, Suburban Station will compliment Bond Collective’s signature style of relaxed sophistication, with a rich combination of classic fabrics and plush, new age details.”

A brand beyond coworking

After recently announcing the opening date for Bond Bushwick in New York City, Bond Collective will sign another 30 leases by 2020, propelling its nationwide expansion. The company, paired with investors and partners, is developing a real estate fund to be used to purchase or lease future Bond Collective locations in emerging communities across the country.

The company’s growth plan is geared towards opening up more than just traditional coworking spaces. Rather, Silber wants to develop “destination” concepts nationally, which include hotels, retail stores, and workspaces, among other amenities. This nationwide growth, supported by the recent funding round, will drive the company to become one of the premier shared workspace providers in the country.

About Bond Collective
Bond Collective delivers a hospitality-forward approach to your workday with comfortable, curated spaces, and premium services that allow members to be as productive as possible. Built on entrepreneurial spirit and experience, each location is designed to be sophisticated yet accessible. Entrepreneurs, professionals, and global businesses like that of Oliver Wyman, Dwell, and Ferrero Rocher use flexible workspaces at Bond Collective to build their dream without distraction. To learn more about Bond Collective, visit www.bondcollective.com.

For more information, please contact:
Carly Moore
Communications Manager, Bond Collective 
[email protected]
(610) 573-8420