Boston & New England + Finance | April 14, 2021

Tenant Experience Firm HqO Raises $60M in Series C Funding

Boston-based tenant experience operating system for commercial office building HqO has raised $60 million in Series C funding from venture capital and commercial real estate firms.

Previous investors Accomplice, Insight Partners, JLL Spark, Navitas Capital, DivcoWest, Allegion Ventures, and The Pagliuca Family Office participated in the round, joining new investors PruVen Capital, Cushman & Wakefield, and Suffolk Capital. The company has raised $106.9M to date and will use the funds to support its growth. As the firm continues to scale, it will expand its existing footprints in Boston, New York City, London and Paris. HqO is a leader in tenant experience tech with more than 150 million square feet under management.

“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,” said Chase Garbarino, CEO at HqO. “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.”

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Inside The Story

HqO’s Garbarino

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.