Adam Neumann, the former CEO of WeWork, has raised over $100 million for his new proptech startup, Flow, in a recent funding round. The investment values Flow at approximately $2.5 billion, more than doubling its previous valuation. The funding was led by Andreessen Horowitz (a16z), which also participated in Flow's last funding round of $350 million at a valuation over $1 billion. Following this latest investment, a16z's ownership in Flow has increased to 25%. Miami-based Flow, which focuses on rentals and co-living, is reportedly planning for an eventual initial public offering (IPO). Neumann has expressed confidence in Flow's potential to go public, although he indicated there is no rush to do so. In addition to its financial growth, Flow has been expanding its real estate portfolio. The company owns two Florida apartment buildings and is developing a 466-unit condo in Downtown Miami, which recently secured a $155 million financing package. Flow has also made recent acquisitions in Miami-Dade County, including an Aventura office complex for $116 million and a 16-acre developable site in Miami for $71 million. Additionally, Flow is planning to expand into the Saudi Arabian market.