WeWork’s second acquisition is Welkio, a digital signal-in system for workplaces

WeWork’s second acquisition is Welkio, a digital sign-in system for offices

WeWork, the co-working area headquartered in New York and valued north of $5 billion, has immediately introduced its second acquisition. The corporate might be buying Welkio, a digital signal-in system for visitors at an workplace, which was truly constructed at a WeWork hackathon.

Welkio was based by two Hathaway staff — Hathaway is a WeWork member. After the Hackathon, Hathaway staff Florent Ferere and DJ Tarazona (founders of Welkio) discovered that the product was truly fairly viable out there and, with Hathaway’s blessing, spun out the corporate.

The phrases of the acquisition weren’t disclosed. Nevertheless, DJ and Florent will be a part of the WeWork crew, whereas Hathaway stays its personal enterprise.

Welkio makes use of an iPad to do all the standard signal-in stuff that a receptionist would do when a visitor enters an workplace constructing. It takes down your first and final identify, telephone quantity, and the corporate you’re employed for, together with taking a pic and taking down the identify of the individual you’re visiting.

As quickly as you sign up, a textual content is shipped to the individual you’re seeing telling them to select you up within the foyer.

With greater than 88 WeWork places throughout 22 cities, to not point out tons of of various members throughout numerous corporations, an indication-in system like this is sensible for WeWork because it continues to broaden.

WeWork has been constructing towards including extra of a software program layer to its bodily, actual property-based mostly enterprise. The corporate’s first acquisition was a constructing info modeling agency referred to as Case, which was meant to assist WeWork broaden to new places with quicker and extra environment friendly info round transforming these new places.

However the software program buildout isn’t nearly WeWork, but in addition about its members. The Welkio acquisition is just the start of a transfer towards extra environment friendly software program to assist energy the varied corporations and places that WeWork operates.

You’ll be able to study extra about WeWork right here.