Managed by Q Raises $15m in Series A Financing

managedbyqManaged by Q, a New York, NY-based smart office cleaning, management, and maintenance platform, raised $15m in Series A funding.

The round was led by existing investor RRE Ventures with additional participation from Greycroft Partners, Homebrew, Sherpa Ventures, SV Angel and Steadfast Financial and individual investors Gary Vaynerchuk, Foursquare co-founder Naveen Selvadurai, Semil Shah, Jessica Alba, Bjarke Ingels, and NBA commissioner David Stern.

The company, which had raised $17.4m in funding to date, is using the funds to continue to expand operations. In conjunction with the raise, it is expanding operations to San Francisco, the company’s third city of operations following New York City and Chicago.

Led by Dan Teran and organized via an iPad installed in the office, Managed by Q’s services are offered on a scheduled or on-demand basis. The in-app dashboard allows users to coordinate services ranging from cleaning and supply restocking to special projects including furniture assembly, IT troubleshooting, HVAC installation, and painting. The service charges no monthly fee and allows users to leave feedback on cleaning sessions, utilize FaceTime for live support – all through the office’s Managed by Q iPad.
At launch into beta in San Francisco, Managed by Q’s clients include Shyp, Quirky, AngelList, Luxe, ZenPayroll, and Everlane, with over 200 additional offices on its waitlist.

FinSMEs

19/06/2015

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