Envoy, a San Francisco-based leading workplace platform that helps companies reopen safe and flexible workplaces, secured $111 million in Series C funding, bringing the company’s valuation to $1.4 billion.
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, Elad Gil, and others.
With the investment, Envoy plans to fuel growth and innovation as it continues to create connected workplaces that people love. Envoy will accelerate hiring across its engineering, product, and design teams to meet increasing worldwide demand.
The company will continue to invest in keeping agile and delivering solutions in real-time as COVID and hybrid work evolve.
Company: Envoy, Inc
Raised: $111.0M
Round: Series C
Funding Month: January 2022
Lead Investors: Brookfield Growth
Additional Investors: Menlo Ventures, Andreessen Horowitz, Initialized Capital, Haystack, BAM Elevate, Seven Seven Six, Triple Point Capital, and Elad Gil
Company Website: https://envoy.com/
Software Category: Visitor Management software
About the Company: Envoy is transforming modern workplaces for hybrid work and safely bringing people together so they can connect, collaborate, and thrive. Envoy’s workplace platform is built to solve the problems of flexible workplaces where teams split their time between home and the office. Envoy’s workplace platform has redefined how companies welcome visitors, keep employees safe, book desks and conference rooms, and manage deliveries in over 14,000 locations around the globe by designing products for a flexible workplace experience. Companies like Slack, Pinterest, and Warby Parker rely on Envoy to create an unrivaled first impression and keep their offices safe and compliant.
Source: https://www.businesswire.com/news/home/20220111005565/en/Envoy-Raises-111-Million-in-Series-C-Financing-to-Help-Companies-Navigate-COVID-and-Rebuild-Community-in-the-Workplace