Flow Valuation, Funding & Investors

Flow is valued at $2.5B as of April 2025.

See full Flow profile

Last Flow valuation

$2.5B

Series B · Apr 2025

Last Flow funding round

$100M

Series B · Apr 2025

Cumulative funding Flow raised

$450M

across 2 funding rounds

Key investors in Flow

  • Andreessen Horowitz

Flow Overview

About Flow

Flow is a Tel Aviv-based real estate developer managing multifamily residential communities in Israel. Properties feature app-based services for rent payments, package delivery, maintenance requests, and community events, integrating smart locks from August and fitness bookings via ClassPass. The portfolio includes 5,000 units in urban centers like Jerusalem and Haifa, combining physical amenities with digital resident portals.


Founded

2022

HQ

United StatesMiami, FL

Website

flow.life

Status

Privately held

Customer focus

B2C

Revenue model

Subscription

Valuation

$2.5B (Apr 2025)

Flow Valuation

Flow is currently valued at $2.5B, based on its Series B in April 2025.

The $100M round was led by Andreessen Horowitz.

Flow's valuation has grown 2.5x from $1B at its undisclosed-stage round in August 2022 to $2.5B in April 2025, across 2 priced rounds.

Flow valuation by funding round

Flow valuation by funding round
DateStageValuation
Apr 2025Series B$2.5B
Aug 2022Undisclosed stage$1B

Flow Funding History

Flow has raised a total of $450M across 2 funding rounds.

Flow's first fundraising round was a $350M undisclosed-stage round in August 2022. The most recent completed round was a $100M Series B in April 2025.

Flow funding rounds

Flow funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2025Series BAndreessen Horowitz (lead)$100M$2.5BFlow is a proptech startup founded by Adam Neumann, former WeWork CEO, in 2023, focusing on residential real estate rentals, co-living, and property management with integrated software, AI, and technology to create dynamic, community-oriented living experiences. Based in Miami with operations in South Florida, New York, Riyadh, and Palo Alto, Flow owns residential and commercial properties in Florida and is expanding globally, including Saudi Arabia, with new major developments in South Florida. On April 24, 2025, Flow raised $100 million in a Series B funding round led by Andreessen Horowitz (a16z), boosting its post-money valuation to $2.5 billion, more than doubling from the prior $1 billion valuation in 2022 when a16z invested $350 million pre-launch. a16z increased its stake from 20% to 25%, with the majority of shares held by Neumann’s family office and employees. The capital will support U.S. showroom expansion, technology development, operational growth, and scaling custom communities. Flow forecasts positive cash flow in 2025, differentiating it in a market emphasizing sustainability. Neumann envisions an eventual IPO but states no rush, leveraging lessons from WeWork's past challenges while building on a vision of flexible, connected living spaces enhanced by blockchain to democratize real estate value for residents. Investors like a16z reaffirm commitment despite Neumann's history, viewing Flow as a second-chance success in residential real estate transformation.
Aug 2022Undisclosed stageAndreessen Horowitz (lead)$350M$1B-

Who has invested in Flow?

1 investor has backed Flow across its funding rounds, including Andreessen Horowitz.

Lead investors include Andreessen Horowitz.


Flow Investors

Investors in Flow by funding rounds participated
InvestorHQRoundsRoleFirst check

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Flow Competitors

Flow competitors include listed companies like Argan SA, Curbline Properties, Pandox and Dexus, and private ones like ESR and MultiGreen Properties.

Public and private companies comparable to Flow
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ESRHong KongHong KongPrivate--$2.8B-
Argan SAFranceFrancePublicly listed$290M$235M$2.1B17.3x
Curbline PropertiesUnited StatesUnited StatesPublicly listed$183M$106M$3.3B16.2x
PandoxSwedenSwedenPublicly listed$762M$597M$3.3B10.8x
DexusAustraliaAustraliaPublicly listed$471M$351M$4.3B14.5x
MultiGreen PropertiesUnited StatesLas Vegas, NVPrivate--$34M-

Flow Public Comps

Flow is still privately-owned, but its public comps include VGP, TAG Immobilien, Catena, Taiba Investments, AFI Properties, Wallenstam, Redefine Properties, CPI Europe, Barwa Real Estate and Tidhar Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
VGP$201M-24.2x30.8x--
TAG Immobilien$1.1B$589M6.2x16.2x11.7x19.0x
Catena$270M$267M18.7x16.5x18.9x19.7x
Taiba Investments$364M$168M8.2x-17.8x-
AFI Properties$523M-12.4x---
Wallenstam$332M$218M18.2x18.5x27.6x28.9x
Redefine Properties$677M$483M7.6x9.4x10.6x13.0x
CPI Europe$944M$894M6.4x7.1x6.8x14.0x

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Common questions about Flow

When was Flow founded?Flow was founded in 2022.
Where is Flow headquartered?Flow is headquartered in Miami, FL, United States.
Is Flow publicly listed?No, Flow is a private, VC-backed company.
What is Flow's valuation?Flow was last valued at $2.5B in its Series B in April 2025.
How much funding has Flow raised?Flow has raised $450M across 2 funding rounds.
What was Flow's last funding round?Flow's last funding round was a $100M Series B in April 2025, led by Andreessen Horowitz.
Who are Flow's investors?Flow's investors include Andreessen Horowitz.
Which companies are comparable to Flow?Companies comparable to Flow include ESR, Argan SA, Curbline Properties, Pandox, Dexus and MultiGreen Properties.

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