Commercial Real Estate Company HelloOffice Raises $20 Million

By Dan Anderson ● June 29, 2020
  • HelloOffice, a technology-powered commercial real estate brokerage making the search for office space seamless and intelligent, announced it raised $20 million

HelloOffice, a technology-powered commercial real estate brokerage making the search for office space seamless and intelligent, announced it raised $20 million in Series A funding. Point Ventures led the investment round with participation from existing investors Initialized Capital, Founders Fund, SaaStr, House Fund, Jake Gibson, and several others. And the company also had new investments from clients and partners.

Including this round of funding, HelloOffice has raised $27 million so far. And the funds will be invested in building its technology platform, helping its brokers continue to provide the best client experience and service in the market, and expanding its services to project management and workplace strategy. The company will also be expanding to new geographies beyond San Francisco and Los Angeles.

HelloOffice’s high-tech and high-touch service will soon deliver an end-to-end platform for the workplace thus helping clients find their space, close their lease, build out their office, and assist in ongoing operations for their optimal workplace. And the company recently hired top construction management leader Kyla Brennan from Newmark Knight Frank — who has built out millions of square feet in projects for clients like Stripe, Box, and Lattice.

The company delivers curated real-time information, collaborative tools, and a powerful and secure way to manage workplaces in a single cloud-based platform, supported by expert brokers, project managers, and workplace strategists. And together, HelloOffice is built to lead the industry in the future of work.

Key Quotes:

“HelloOffice’s full-stack approach to brokerage will be a game changer for the real estate industry. We are excited to partner with this innovative and collaborative company as they continue to expand their product offering and geographic footprint.”

-Sri Chandrasekar, Partner at Point72 Ventures

“We saw a huge opportunity to expand our technology platform and geographic footprint. The time is ripe to usher in the hybrid workplace in a scalable way. We are focused on creating new product offerings to help companies find their optimal workplace solution and, in many cases, work with companies transitioning to hybrid workplaces.”

“The place we work should be as flexible, dynamic, and energetic as we’ve each proven to be. A place of potential. That’s what you can expect in the future. That’s what HelloOffice delivers for our clients.”

– Justin Bedecarre, CEO at HelloOffice

“Everyone is rethinking the modern office and it’s going to take a modern, software-powered brokerage to lead companies into this new era. We’ve been proud to work with Justin and his team from their earliest days and HelloOffice continues to set the industry standard.”

Alexis Ohanian, General Partner at Initialized Capital