Weave Co-Living

Weave Co-Living

Collaborative living company that creates residential communities in major cities across the asia pacific region. Learn more

Launch date
Market cap
-
Enterprise valuation
€658—987m (Dealroom.co estimates Nov 2018.)
Hong Kong Island Hong Kong (HQ)
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DateInvestorsAmountRound

$181m

Series A
Total Funding€165m

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Weave Co-Living is a leading collaborative living company in the Asia Pacific region, specializing in creating residential communities for millennials, students, and young professionals. The company offers impeccably designed, functional en suite bedrooms at affordable, all-inclusive rents. These living spaces come fully furnished with high-end features such as five-star hotel-grade beds, rain showers, ample storage, private fridges and freezers, big screen TVs, and smart home features. Weave deconstructs elements of a traditional home, providing shared spaces like living rooms, kitchens, breakfast bars, gyms, and libraries on each resident floor or amenity floors. The properties are strategically located close to public transport and extensive social amenities, ensuring convenience and accessibility for residents. Weave's business model focuses on providing value-for-money urban accommodation with a strong emphasis on community building. The company organizes a regular roster of fun activities that cater to diverse tastes, including fitness, social, professional development, networking, arts, cultural, and community service events. This not only helps residents connect with each other but also allows them to engage with the wider Weave community. Weave's proprietary technology platform further enhances the living experience by enabling hassle-free living and community engagement. The company generates revenue through rental income from its properties, which are designed to meet the needs of urban young professionals seeking a hassle-free, community-oriented living environment.

Keywords: co-living, urban accommodation, millennials, young professionals, fully furnished, shared amenities, community building, Hong Kong, technology platform, affordable rent.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.