What is Managed by Q?
Founded in 2014 and headquartered in New York, NY, Managed by Q operates as an office services company. It provides customers with the ability to find, schedule, and book office services through monthly subscriptions or on-demand options, including repair work. The company's model aims to streamline office management for businesses by offering a comprehensive suite of services.
How much funding has Managed by Q raised?
Managed by Q has raised a total of $67.4M across 5 funding rounds:
Debt
$775K
Angel/Seed
$1.6M
Series A
$15M
Series B
$25M
Series C
$25M
Debt (2014): $775K, investors not publicly disclosed
Angel/Seed (2014): $1.7M led by Homebrew Ventures and RRE Ventures
Series A (2015): $15M supported by Steadfast Financial, RRE Ventures, Homebrew, Greycroft Partners, SV Angel, and Sherpa Ventures
Series B (2016): $25M featuring Kapor Capital and GV
Series C (2019): $25M backed by RRE, GV, DivCo West, and Oxford Properties
Key Investors in Managed by Q
Steadfast Financial
Steadfast Financial, established in 2000, specializes in financial planning for retirees and wealth-building strategies, indicating a focus on stable, long-term investments.
RRE Ventures
RRE Ventures is a venture capital firm dedicated to supporting founders at critical stages of their business journey, investing in a diverse portfolio of startups with a focus on long-term partnerships.
Homebrew
Homebrew Pro Shoppe Inc. has been providing home brewers and wine makers with a wide range of supplies and expert advice since 1994, suggesting a focus on niche markets and consumer-oriented businesses.
What's next for Managed by Q?
The substantial enterprise-level funding and recent strategic investment indicate that Managed by Q is in a robust growth phase, likely focusing on scaling its operations, expanding its service offerings, and potentially entering new markets. This capital infusion will be critical for enhancing its technology platform, strengthening its market position, and further developing its subscription and on-demand service models to meet evolving business needs.
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