HqO, a Boston, MA-based tenant experience (TeX) platform for commercial real estate, raised $34.25m in Series B financing.
The round was led by Insight Partners and included the participation of previous investors Accomplice and Navitas Capital.
The company, which has raised a total of $53m of venture capital funding, will use this capital to expand its technology, double its engineering team, and grow sales and business operations to accelerate national and international expansion.
Led by CEO Chase Garbarino, HqO is a tenant experience platform that allows tenants to access new experiences, such as digital access credentials; onsite and local food and wellness options; shared conference room and service booking; and real-time tracking of shuttle services and public transportation and landlords to access data intelligence tool to increase tenant retention, improve leasing, inform asset strategy, and strengthen their brands.
The platform has been deployed by some of the industry’s largest office landlords, including Blackstone’s EQ Office, Jamestown, DivcoWest, and National Development. HqO’s technology is currently used in properties in more than a dozen markets in the United States and United Kingdom, including the 4.6-million-square-foot Willis Tower in Chicago, the second-tallest building in North America.
In recent months, the company has opened offices in New York City, London, and Paris.
FinSMEs
17/12/2019