Tenant Experience App Receives Big Funding
Cushman & Wakefield, JLL and several others have invested into Boston-based tenant experience app HqO.
The company revealed that it closed a $60 million Series C funding round, bringings its total funding to $106.9 million.
Founded in 2018, HqO is a software platform that provides landlords with the tools to manage tenant-related technology and amenities all in one place. It also features a tenant app, analytics tool and marketplace.
Chase Garbarino, cofounder of HqO, stated that this funding round and new partnerships with commercial real estate firms will help guide companies back to the office after a year of largely remote work.
Currently, the company manages over 150 million square feet and says it has tripled its revenue in the past 12 months. It will put the new funding towards expanding in its existing markets, as well as launching its services on the West Coast and in Toronto.
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