It's been a big week for WeWork
Coworking giant WeWork just expanded into the education industry by acquiring the Flatiron School. Terms of the deal were not disclosed, but the new partnership will give WeWork's members full access to the school’s in-person and online courses. [Built In NYC]
WeWork is also making moves in the accelerator space by offering discounted workspaces for graduates from the Techstars accelerator program. Upon completing a Techstars program, startups can return to their home cities and be placed at a relevant WeWork space at a discount, helping them integrate into the local entrepreneurial community. [TechCrunch]
A New York City landmark, the Lord & Taylor flagship office, will soon turn into another WeWork location. The coworking startup bought the iconic building on 5th Avenue and is expected to open for business after Christmas 2018. Lord & Taylor will still rent out a small section of the building. [The New York Times]
MongoDB stock surges following Nasdaq IPO
Database service MongoDB launched its IPO on Nasdaq. Early investors saw immediate ROI, considering the stock rose nearly 34 percent within its first day of trading. The company raised $453 million in private funding before its IPO. [Built In NYC]
Connatix raises $15M to beef up sales and marketing teams
Video syndication platform Connatix raised $15 million in a Series A funding round led by Volition Capital. The investment will be used to add AR and interactive video to its platform, as well as to expand its sales and marketing teams. [Built In NYC]
Zocdoc adds insurance checker product to its platform
Zocdoc, a platform that connects patients with physicians, added a new feature that increases transparency around insurance plans. Zocdoc Insurance Checker gives patients insight into what their plans cover, and also gives them the ability to scan their cards so they no longer need to carry a physical copy. [Press release]
Brian Christman joins Transfix as Vice President of People
Supply chain platform Transfix just welcomed a new executive to its team. Brian Christman joins the company as vice president of people. Formerly at Etsy, Christman will be responsible for growing Transfix's team and scaling operations. Christman's resume also includes stints at Gilt Groupe, Sirius XM Radio and DoubleClick. [Press release]
Climb Credit entered into student loan purchase agreement
Student lending company Climb Credit entered into student loan purchase agreements amounting to $130 million. This move will help the company branch out into high-earning fields and finance more students’ educations. [Press release]
