NEW YORK CITY—Co-working takes yet another turn—expanding to jungle, beach other travel destinations as well as urban center locations. Selina, a company which originally began in a beach town in Venao, Panama, is gaining more financial backing.

Selina offers 22,000 beds in 46 location in 13 countries. It combines private and shared rooming with co-working spaces, food and beverage retail, local experiences and wellness options including surfing, yoga classes, swimming pools and farm-to-table eating. Located in places such as Costa Rica and Ecuador, the facilities are open for corporate retreats. And for those who cannot leave their laptops at home, it takes “remote working” to another level.

Selina announced it has just raised $100 million in a Series C financing round. This brings the company's total funding to $225 million. Access Industries, with participation from Grupo Wiese and existing investors Colony Latam Partners led the latest funding round.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.