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HelloOffice Raises $20M in Fundraising Round
San Francisco-based HelloOffice raised a $20 million Series A round of financing. Point Ventures led the investment round with participation from existing investors Initialized Capital, Founders Fund, SaaStr, House Fund, Jake Gibson, among others, as well as new investments from clients and partners.
The technology-powered commercial real estate brokerage has raised $27 million to date. The funds will be invested in building its technology platform, helping brokers continue to provide the best client experience and service in the market, and expanding services to project management and workplace strategy. The company plans to grow its footprint beyond San Francisco and Los Angeles.
HelloOffice’s Justin Bedecarre says, “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.”
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