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Adam Neumann’s New Startup Flow Gets Backing From Andreessen Horowitz

The prominent venture capital firm backs the WeWork founder’s next move.

Adam Neumann
Adam Neumann

Photographer: Jackal Pan/Visual China Group/Getty Images

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For Adam Neumann’s next venture after his rise and fall at WeWork Inc., the venture capital powerhouse Andreessen Horowitz pledged a big financial commitment.

The investment in Flow, a residential real estate company led by Neumann, is roughly $350 million, said a person familiar with the deal who asked not to be identified because the information is private. The investment will be the largest check written for single round of backing in the fund’s history, according to the New York Times, which first reported on the deal.