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Workspace Startup WorkChew Raises $2.5M Seed to Innovate the Hospitality Industry

WorkChew — a Black women-founded startup that transforms hotels and restaurants into on-demand workspaces — just announced an oversubscribed $2.5 million seed funding round raised to further the company’s mission. The round was led by Harlem Capital and saw participation from other VC firms such as Wilshire Lane Partners, Invictus Advisory Group, Techstars Ventures, and RW Capital Investments, Inc. Additionally, individual investments came from angel investors, including Kabbage co-founder Kathryn Petralia, Etsy co-founder Chris Maguire, Kyle Tibbits of Paradox Capital, and Alex Chan, formerly of UBER. The startup plans to use the new funding to further build out its team, product development, and marketing to help increase customer acquisition and build supply across the U.S. WorkChew was co-founded by CEO Maisha Burt and COO Allyson McDougal back in 2018, who at the time were two remote workers suffering from inconsistencies of not having flexible spaces to work from. According to...

Njera Perkins

Mar 17, 2021

Choice Hotels Launches the First-Ever Franchise-Focused Group For Black Hotel Owners

For the past 15 years, Choice Hotels has devoted itself to its long-standing commitment to make small business ownership a reality for minority entrepreneurs. Now, the hotel group has announced the creation of a first-of-its-kind collective exclusively for Black hoteliers called the Choice Hotels Owners African American Alliance (CHOAAA) — the hotel industry’s only franchisee-focused group dedicated to Black hotel owners, a press release shares. As stated in the announcement, CHOAAA was designed to provide ongoing representation, support and advocacy for these underrepresented entrepreneurs in the hospitality industry. “The racial and social inequality challenges facing our nation and industry have moved us as a company to do more, building on the work we’ve been committed to for decades,” said Patrick Pacious, President/CEO Choice Hotels, in a statement. “As part of our pledge to cultivate a culture of diversity, equity and belonging, we have taken steps to decisively move us...

Njera Perkins

Dec 21, 2020