It’s been just under two years since HqO launched, but already the company has hit a major milestone: a $34.2 million Series B.
In January 2018, HqO launched its mobile app that helps companies communicate better with their commercial landlords.
The company found that modern office workers were expecting modern office amenities — whether that’s coworking spaces, gyms or coffee on tap. Yet the way office workers interacted with their property managers seemed dated.
To address that discrepancy, the company built a tech platform to help landlords to deliver a better tenant experience. This platform allows landlords to communicate with tenants, market their spaces, grant security access and more. It also allows tenants to register visitors, pay for meals and so on.
“Our software makes a day in the life of a tenant easier and more enjoyable,” HqO CEO and founder Chase Garbarino previously told Built In. “We think we’re going to be the software layer for people to access any property.”
HqO helps manage 70 million square feet of office space — or, the equivalent to managing 34 John Hancock Towers. Not bad for such a young startup.
This new funding will help the company grow even further. HqO plans to double its employee headcount to 120 by the end of 2020. The company will also use the funding to develop its product and help define the “TeX” space — which is HqO’s shorthand for the “Tenant Experience.”
