HqO, a Boston, MA-based provider of a real estate experience platform, raised over $50M in Series D funding.
The round, which brought the total amount to over $200M, was led by Koch Real Estate Investments, a subsidiary of Koch Industries, along with participation from Accomplice, Insight Partners, and Related. Justin Wilson, Managing Director at Koch Real Estate Investments, is also joining HqO’s Board of Directors.
The company intends to use the funds to continue executing on its targeted M&A strategy.
Led by CEO Chase Garbarino, HqO provides a real estate experience (REX) platform that has empowered over 400 million square feet at over 700 properties across 32 countries. Organizations use it to drive operations by optimising and boosting tenant and employee acquisition, retention, and engagement. Its suite of products includes:
- The REX Assessment—a tool for quantifying employees’ workstyles, preferences, and overall satisfaction within a physical space.
- The REX Score—The quantified value operators and occupiers get from a building using data from the REX Assessment to show the success of customers’ experiences at a property, which directly correlates to how likely a property is to achieve high occupancy, attract and retain tenants, and generate revenue
- The REX Index—The global real estate user experience indicator, benchmark, and tool for certifying and exploring properties through people’s experiences, ranking the landlords and occupiers with leading REX Scores.
The REX platform has already connected over 350,000 users to real estate across 700 properties in over 32 countries. HqO services real estate clients worldwide, including Related, Vornado Realty Trust, Nuveen Real Estate, Jamestown L.P., Hudson Pacific Properties, Grosvenor, Legal & General Investment Managers, J.P. Morgan Asset Management, Hines, abrdn, LaSalle, Primonial, ARC and Chiswick Park.
FinSMEs
19/10/2023