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Proptech Firm cove Completes Funding Round, Partners with EQ Office
Washington, DC-based cove, a technology solution integrating the tenant experience (TeX) and building operating systems for commercial real estate, has completed a funding round from Blackstone Innovations Investments and other investors including Kastle Systems. They join existing investor Second Century Ventures.
cove provides landlords and operators with a suite of products and services, including centralized TeX solutions, integrated building OS and flexible office management, via a single platform. The company recently partnered with EQ Office, a Blackstone Real Estate portfolio company.
As part of the ongoing partnership, cove has been implemented at EQ’s Willis Tower in downtown Chicago. EQ plans to roll out cove across more of its portfolio this summer.
“The way people engage with the built environment is changing and we have developed our software to create a seamless experience for the user — whether tenant or operator,” said Adam Segal, founder and CEO of cove. “Partnering with Blackstone as the preeminent real estate investor will help us grow our platform, reach greater scale and continue to innovate the digital layer of what’s next in the industry.”
- ◦Financing
