Envoy Raises $111M in Series C Financing

Envoy, a San Francisco CA-based workplace platform for companies to reopen safe and flexible workplaces, secured $111M in Series C funding.

The round was led by Brookfield Growth, with participation from existing investors Menlo Ventures, Andreessen Horowitz, Initialized Capital, Haystack, and new investors BAM Elevate, Seven Seven Six, Triple Point Capital, and Elad Gil. This latest funding round brings the company’s valuation to $1.4 billion.

The company intends to use the funds to accelerate hiring across its engineering, product, and design teams and invest in keeping agile and delivering solutions in real-time as COVID and hybrid work evolve.

Led by Larry Gadea, Founder and CEO, Envoy provides workplaces for hybrid work to bring people together so they can connect and collaborate. People can coordinate schedules with co-workers, book desks and rooms, welcome visitors, receive deliveries, verify COVID vaccination and test result status.

Companies like Slack, Pinterest, and Warby Parker currently use Envoy.