Proptech startup Eden completes $25M Series B

The latest round for workplace management startup brings its total raise to $40M

Nov.November 19, 2019 09:00 AM
Eden CEO Joe Du Bey (Credit: iStock)

Eden CEO Joe Du Bey (Credit: iStock)

Eden, a proptech startup that helps landlords manage parts of the workplace like scheduling cleaning services and ordering snacks, raised $25 million in its Series B funding round.

Soho-based venture-capital firm Reshape led the funding round, Eden announced Tuesday.

San Francisco-based Eden launched in 2015. Its technology is available in 25 major U.S. metro areas, the company said.

Eden targets “the enormous workplace market that we believe can be radically transformed,” Reshape partner Vik Patel said in a statement.

The company provides a platform building owners and tenants use to streamline different tasks that go in workplace management like HVAC repair. Eden’s clients include Convene and VTS, among others.

It has also received significant interest from real estate firms investing in proptech. Early investors include RXR Realty, Thor Equities, Mitsui Fudosan and Fifth Wall Ventures. So far, the startup has raised $40 million.

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