The Portal is headed to Texas.
What’s happening: The wellness-oriented members club raised $5M to open its Austin flagship.
Next up. Debuting this fall, the 15K sq-ft club features a 30-person sauna, cold plunges, rooftop pool and stage, fitness studio, restaurant and bar, podcast studio, and coworking spaces.
Counting Dr. Mark Hyman, Randall Mays, and Miki Agrawal as advisors, The Portal prioritizes community — hosting fitness classes, panels, live music, and member-led events while layering in somatic practices like psychedelic breathwork and conscious mind mastery.
Built for “human flourishing,” it opened its Bay Area location in 2024, geared towards founders, creatives, and tastemakers.
New networks. Craving IRL connection, consumers are turning to third spaces for meaningful community.
Rebuilding social infrastructure through wellness, The Fifth and Maslow’s will open work x wellness clubs in London, while The Maze offers a sober environment for New Yorkers.
Meanwhile, bathhouses have become the hot new meeting spot nationwide.
Punchline: Readying its second location, The Portal is ideating more than just a coworking space, betting on community as wellness.