Eden Acquires Managed by Q from WeWork

eden

Eden, a San Francisco-based workplace platform provider, acquired Managed by Q from WeWork for an undisclosed amount.

The purchase is part of Eden’s continued focus of enabling companies to run and scale their offices through workflow software and a marketplace of facilities services.

JLL Technologies, the technology division of the real estate firm, led the investment round. Yishai Lerner, the co-CEO of JLL Technologies, will join Eden’s board of directors. Managed by Q, along with their existing clients and service vendors, will be integrated into Eden’s existing platform.

Founded in 2015 by Joe Du Bey, CEO, Eden has grown its managed marketplace for facilities services across the globe and now serves over 1,000 small and medium-sized companies. Its software offers a centralized vendor bid collection and billing system, enabling customers to contract the top-rated office cleaning, handymen, and all other services to run a workplace through one central dashboard.

Eden is available in 25 major global metro areas, with a marketplace of more than 2,000 service vendors providing all facilities and workplace experience services required to run a high-standard office. Clients currently span a multitude of industries, from nationally-expanding companies (Alto Pharmacy, Shift, VTS) to flexible workspaces like Convene. To date, Eden has raised $69m.

FinSMEs

03/03/2020

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