HqO, a Boston, MA-based tenant experience operating system for commercial office buildings, raised $60M in Series C funding.
Backers included previous investors Accomplice, Insight Partners, JLL Spark, Navitas Capital, DivcoWest, Allegion Ventures, and The Pagliuca Family Office and new investors PruVen Capital, Cushman & Wakefield, and Suffolk Capital.
The company, which has raised $106.9M to date, will use the funds to continue to scale, expand its existing presence in Boston, New York City, London, and Paris, as well as open new offices in Toronto and the Midwest and West Coast regions of the United States, continue research and development, as well as to explore potential mergers and acquisitions.
Led by Co-Founder and CEO Chase Garbarino, HqO provides commercial real estate firms with a platform to manage the tenant experience within their properties via tenant app, analytics suite, and partner marketplace. Active in over 150 million square feet in 7 countries, HqO lets office owners generate value via technology that blends the physical and digital office experiences to engage with the people who occupy their buildings. These technology activations also provide important insights that can be leveraged to create the most value for their assets.
The company services over 60 commercial real estate clients worldwide, including Columbia Property Trust, Vornado Realty Trust, Nuveen Real Estate, Jamestown L.P., Hudson Pacific Properties, Grosvenor, Landsec, J.P. Morgan Asset Management, and Endurance Land.