Proptech startup Eden completes $25M Series B

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

TRD NATIONAL /
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.


Related Articles

arrow_forward_ios
WeWork co-CEOs Artie Minson, Sebastian Gunningham and Jones CEO Omri Stern (Credit: LinkedIn)

WeWork is investing again with fundraise for proptech

Open Space CEO Jeevan Kalanithi (Credit: LinkedIn and iStock)

Construction site mapping startup raises $14M from JLL, WeWork

(Credit: iStock)

It’s over for Barneys: Luxury retailer to be sold, stores closed

Ribbon CEO Shaival Shah (Credit: iStock, Pixabay)

Ribbon raises $330M to aid all-cash buyers

(Credit: iStock)

S&P hits another record, but real estate stocks don’t follow suit

Soho House New York at  29-35 9th Avenue and Soho House CEO Nick Jones (Credit: Getty Images, Google Maps)

It doesn’t turn a profit, but Soho House is now valued at $2B

Lenders issued the most mortgages in 14 years last quarter (Credit: iStock)

Nonbank lenders could give serious boost to cooling housing market

Prologis CEO Hamid Moghadam and Liberty Property Trust CEO Bill Hankowsky (Credit: Prologis, B.PHL, iStock)

Prologis to buy rival logistics firm for $13B

arrow_forward_ios