Workplace management platform Envoy nabs $111M to power the hybrid workforce

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Angel, the workplace management platform that complements the growing workforce, has raised $ 111 million in a Category C round of funding on a 1.4 billion valuation.

The company’s cash injection comes because entire industries have had to re-evaluate how they work, now that remote work is a very day-to-day sequence. Indeed, just yesterday, Meta, (formerly Facebook) became the latest big name company to delay its office-to-office plans.

Established in early 2013 as a sign-in system for office receptions, the messenger has evolved to solve many of the problems facing modern workplaces, especially with teams split between office and remote (e.g., home) work environments. The platform supports schedule coordination for booking desks and rooms, welcoming visitors, receiving deliveries, checking COVID-19 vaccinations and test results, and more.

The company claims many big-name customers, including Slack, Pinterest, Hulu, Stripe and Mazda.

Workplace automation

Automation is a central component of the Envoy platform, ensuring that the right details are sent to the right people at the right time. For example, if a visitor arrives at the reception or a package arrives, the employee concerned may be notified immediately. Workers can also add their expected visitors to the ambassador, so that other team members can receive alerts about who and when is coming.

Above: Messenger instructions

The messenger box plays a set of integrations, transmitted communications, access control, customer support, identity management, security, productivity and more.

Earlier, the ambassador had raised about $ 59 million, and with his latest investment, the San Francisco-based company is looking to continue its recent growth, which he said has helped add more new revenue over the past 12 months. Two years combined.

Most of these have come to the decision of angel shape-shift, molding themselves into the right product for this time. The company launched Envoy Protect last year to help companies reopen their offices, allowing employees to see who is working and when and where they will be working. It also allows users to set their physical workplace schedule, certify that they are healthy, and sign in when they arrive.

“When COVID-19 happened, our customers came to us for help – many needed to reopen for essential workers, but safely which will help their people feel confident about coming back,” said Larry Gadia, founder and CEO of Envoy, in a statement. . . “They knew we could create something with really great employee experience that people wanted to use. We proved that we are problem solvers who can be agile, fast and put everyone else behind.”

Above: Messenger: Capability Report

Envoy Protect now accounts for more than half of the company’s new revenue.

Angel is one of the many companies to come out of a stronger epidemic than ever before by focusing on what the “future of work” really means. The common elements that pull this platform are automation, collaboration and communication – serving as the cloud base that enables anyone to access technology from anywhere.

The Angel Series C Round was led by Brookfield Growth, with the participation of Menlo Ventures, Andreessen Horowitz, Initialized Capital, Hastec, Balm Elevate, Seven Seven Six, Triple Point Capital, Ilad Gill, etc.


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