What is Envoy?
Founded in 2013, Envoy Workplace offers an integrated solution designed to manage diverse workplace needs. The platform empowers employees to locate colleagues, book desks and rooms, and track deliveries. Concurrently, it provides organizations with a unified view of workplace occupancy and space utilization data, enabling data-driven, cost-saving decisions for optimizing office environments.
How much funding has Envoy raised?
Envoy has raised a total of $239.1M across 6 funding rounds:
Series A
$15M
Series B
$43M
Multiple Rounds
$70.1M
Series C
$111M
Series A (2015): $15M with participation from Andreessen Horowitz
Series B (2018): $43M, investors not publicly disclosed
Debt (2020): $2M supported by PPP
Other Financing Round (2020): $30M featuring TriplePoint Capital.
Other Financing Round (2020): $38.1M backed by Beijing Wealth Capital and AVIC Capital
Series C (2022): $111M with participation from Andreessen Horowitz, Menlo Ventures, and Brookfield Properties Retail
Key Investors in Envoy
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.
Menlo Ventures
Menlo Ventures is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer internet, fintech, infrastructure, and frontier tech, typically taking board roles and partnering with founders through multiple stages of scale.
Brookfield Properties Retail
Brookfield Properties Retail is a significant player in the real estate sector, likely focusing on investments that enhance commercial property value and tenant experience, aligning with Envoy's workplace solutions.
What's next for Envoy?
With its recent major strategic investment, Envoy is poised for accelerated expansion and product development. The company's focus on providing a comprehensive workplace management solution positions it to capitalize on evolving work models and the increasing demand for efficient office space utilization. Future endeavors will likely involve enhancing its integrated platform, expanding its market reach, and potentially exploring new service offerings to further solidify its leadership in the workplace technology sector.
See full Envoy company page
