Tenant experience startup HqO has raised a $60 million Series C round led by PruVen Capital and Suffolk Capital.. Strategic real estate investors Cushman & Wakefield, JLL Spark, and DivcoWest participated in the round.
What they do: HqO’s software platform gives landlords the ability to manage tenant-facing tech and amenities in one place with its app. The fresh round brings the startup’s total funding to $106.9 million.
Spotting Trends; Just last month, VTS acquired Rise Buildings for $100 million. The app similarly provides technology to control operations and tenant experience in properties.
Heard on the Street: HqO Co-Founder and CEO Chase Garbarino: “We’re really happy with the composition of our Series C round being led by existing investors, but also bringing together a network of strategic investors setting HqO up for unprecedented growth as the world returns to offices. This round of funding is more than just capital; it comes with strategic partnerships that will significantly expand HqO’s reach and differentiate our offering.”
Previous investors include: Accomplice, Insight Partners, Navitas Capital, DivcoWest, Allegion Ventures, and The Pagliuca Family Office. With the new funding, the company plans to expand its existing footprints in Boston, New York City, London, and Paris, as well as open new offices in Toronto and the Midwest and West Coast regions of the United States. [PR]