Led · Series A · May 2022

Upflex offers a suite of SaaS solutions and a global marketplace that aggregates flexible workspaces and connects occupiers, brokerages and flex-space providers. The company is the sole aggregator of WeWork inventory following an exclusive partnership that expanded its network to more than 6,000 bookable locations across 80 countries and 900 cities, with 700+ other flex operator partners. Upflex’s data-driven platform provides employers and employees with booking, portfolio management and real-time usage data to optimize hybrid work, sustainability and costs. Founded in 2018, the company positions its technology as the backbone of the flex industry and a standard for hybrid workplace operations. Upflex plans to expand its software offering, recruit talent, and grow its network to 30,000 bookable workspaces by 2025. The company reported total funding to-date of $34.1 million following the new round. Upflex operates a global marketplace for flexible workspaces, giving companies on-demand access to private offices, desks, and meeting rooms by the day, week, month, or year. The platform emphasizes sustainability through a partnership with Trees.org and claims to plant a tree for every booked area; it has planted 10,000 trees thanks to its first 100 clients. Upflex positions itself as a cost-effective, sustainable alternative to large operators and targets medium and large companies looking to reduce real-estate commitments and carbon footprints while offering workplace choice to employees. The company was founded in 2017 by Christophe Garnier and Ginger Dhaliwal and is New York–based. In addition to its marketplace, Upflex recently hired Liassine Talbi, a former IWG Regus executive, as global sales lead. The company plans to expand its standard office options and meeting-room booking capabilities.

Participated · Series B · Nov 2019

CasaOne operates a furniture rental platform that provides a wide selection of products, 3D visualizations, rent-to-own options and fast delivery and assembly, typically within 2–3 business days. The company also offers a commercial furniture rental solution called BureauOne and provides expert space planning and design guidance. CasaOne is operational in 10 markets, including San Francisco, Greater Los Angeles, San Diego, greater New York, New Jersey, Philadelphia, Connecticut, Washington DC, and Chicago. Led by CEO Shashank Shankaranarayana, the business aims to streamline the process of furnishing spaces for individuals and businesses. The company plans to use new funding to support overall growth and expand into additional product categories within furniture, fixtures, and equipment (FF&E). Financially, CasaOne has previously raised a $16m Series B led by Accel in September 2019 and recently secured additional capital via debt financing. CasaOne provides a full-service furniture rental solution for homes and offices, including wide product selection, 3D visualizations, white-glove delivery and installation, flexible monthly plans, and rent-to-own options. The company launched its category-defining furniture rental solution in 2017 and expanded into a B2B offering, BureauOne, in May 2019 to convert FF&E into a utility for businesses. CasaOne says it has seen a rapidly growing portfolio of consumer and B2B clients and now operates in six U.S. markets (Chicago, New York, Los Angeles, Seattle, the San Francisco Bay Area, and Washington, D.C.). The business emphasizes technology for real-time inventory, supply chain, and large-format logistics to deliver fast SLAs. With the new financing, CasaOne plans to expand to new geographies, double down on engineering and technology hiring, and expand into adjacent product categories. The company also intends to launch London as its first international market in Q1 2020.

Participated · Series A · Aug 2019

OpenSpace provides jobsite capture and AI-powered analytics that stitch 360° camera and LiDAR scans to create a digital twin pinned to floor plans, typically making capture available in about 15 minutes. The system integrates into standard construction workflows, enabling remote coordination, reducing travel and miscommunications, and providing a historical record of projects. The company has expanded capture capabilities beyond 360° imagery to include 3D scans from LiDAR‑enabled iPhones and iPads and introduced ClearSight Progress Tracking to classify and quantify materials and percent complete. Since founding in 2017, customers have used OpenSpace on more than 14,000 jobsites and the platform has captured over 10 billion square feet of jobsite imagery. Led by CEO and co-founder Jeevan Kalanithi, OpenSpace plans to use new funds to continue scaling the business and develop additional AI-powered technologies. The company also recently added Alan Henricks as an independent board director alongside its existing board members. OpenSpace is described as a global leader in 360-degree jobsite capture and AI-powered analytics for construction. Its core product lets builders attach an off-the-shelf 360° camera to a hardhat, upload video to the cloud, and uses computer vision to stitch images and pin them to floor plans, creating a single source of truth. The company has expanded its offerings to include ClearSight Progress Tracking, the freemium OpenSpace Basic, and 3D Scan for LiDAR-enabled iPhones and iPads. OpenSpace reports usage on over 10,000 jobsites, with more than 500 started in the last month and over 7 billion square feet of imagery captured. Revenues have doubled or tripled each year since its 2017 founding. The company says it will continue scaling the business, widen its international footprint, and develop additional AI-powered technologies to meet growing demand. OpenSpace provides a 360° construction photo documentation and analysis platform that combines simple 360° cameras, computer vision and AI to capture complete visual records of jobsites. The platform stores imagery in the cloud to share progress and track work across projects. Customers have used the platform to capture more than four billion square feet of imagery from active construction projects across thousands of sites in over fifty countries. The company was founded in 2017 by CEO Jeevan Kalanithi and is headquartered in San Francisco, California. OpenSpace plans to expand its ClearSight analytics suite into areas such as safety management and quality control and to accelerate international expansion. Financially, the company recently raised $55M in a Series C to support these initiatives. OpenSpace provides a solution combining 360° cameras, computer vision, and AI to capture, organize, and analyze complete visual records of construction jobsites. Builders attach a small 360° camera to their hardhat, mark a starting point in the OpenSpace app, walk the site, and the software automatically captures, uploads, pins imagery to floorplans, and stitches images without manual input. Users can virtually walk through sites, track changes over time, add notes and change requests, and compare site photos side-by-side with BIM using the ClearSight analytics platform. Founded in 2017 and led by CEO Jeevan Kalanithi, the company has projects in 30 countries and customers have used the platform to capture over a billion square feet across thousands of active construction sites. Customers include Capital One, JLL, Lee Kennedy, Suffolk, and Tishman Speyer. The company raised $15.9M in Series B funding to meet demand for its remote construction technology and ClearSight analytics platform. OpenSpace is an AI-powered construction tech company that automatically creates navigable 360° photo representations of job sites. Builders attach an off-the-shelf 360° camera to their hardhat and walk the site; OpenSpace handles image capture, uploads the data to the cloud, maps images against site plans, organizes them and stitches them into a navigable photo representation that can be compared over time. The company leverages algorithms and computer vision to map and organize imagery against site plans and build a dataset of site visuals. OpenSpace plans to use new funding to scale operations, expand sales and marketing, and develop additional computer-vision-powered products that leverage its dataset. Founded in 2017 by Jeevan Kalanithi and based in San Francisco, the platform is deployed on projects exceeding $50B in total value in the United States and around the world. The company recently raised $14M in a Series A to support these initiatives.

Participated · Equity · Mar 2019

Betaworks Studios, launched in 2018 by parent firm Betaworks, operates a membership-based co-working club in New York City’s Meatpacking District that serves entrepreneurs, artists, engineers and creatives. The studio charges $2,400 per year or $225 per month for membership. It has hosted roughly 11,000 people for meetings and speaking events and currently operates a single club location. Betaworks brought on Daphne Kwon to run the studio arm. The studio was created to extend Betaworks’ resources and network to the broader entrepreneurial community. With the new investment it plans to open additional studios.

Participated · Series A · Mar 2019

Proxy builds Bluetooth low-energy readers and an identity app that let employees open doors, elevators, turnstiles and garages without taking their phones out. Buildings install Proxy’s signal readers which integrate with existing access-control systems or Proxy’s management dashboard; readers cost roughly $300–$350 plus installation and a $30/month per-reader subscription. The company also offers an SDK and APIs to extend touchless access to Wi‑Fi routers, printers, vending machines and delivery workflows, and has launched smaller Nano sensors for device-level integrations. Proxy emphasizes privacy and security with tokenized credentials, SOC‑2 certification, GDPR compliance, and biometric data kept on users’ phones. It has over 60 customers and is using recent funding to hire across offices and speed deployments of its hardware and access-control software. Proxy positions its product as a background service that can scale across tenants in commercial properties and potentially expand into more physical lock hardware or consumer use cases over time. Proxy offers a Bluetooth Low Energy identity system that turns a user's phone into a hands-free credential for office access and workplace personalization. Its core product is an app that constantly emits an encrypted one-time Bluetooth identifier picked up by readers that retrofit existing access-control fixtures, replacing badges and apps for door entry. Proxy charges for hardware plus a monthly subscription per reader, has piloted with roughly 50 companies, reports about 90% adoption across deployments, and says it has not lost a customer in two years. After demoing at Y Combinator, thousands of companies reached out, and customers include WeWork's headquarters and Dropbox. The company emphasizes privacy and user control—interactions run on encrypted one-time tokens so users retain control of their credentials. Proxy plans to expand beyond doors to auto-reserve conference rooms, sign users into teleconferences, personalize workstations, improve guest check-in and build SDKs so other devices (cars, homes, hotels, retail) can recognize users. Proxy provides an app that turns users’ smartphones into Bluetooth beacons that sensors on IoT devices detect to verify identity and grant access. Its backend verifies IDs and aims to complete the verification in a few seconds so users can instantly open doors or load personalized settings. Today the technology is implemented with office door locking systems that normally require card keys; the company has not yet expanded to other consumer electronics or building systems. Twenty companies in the San Francisco Bay Area have signed up to use Proxy for employee access. The startup plans to use funding to raise its profile and to develop an API so the app can work with other devices and platforms. Proxy is part of the current Y Combinator batch and was originally incorporated as Martians Inc.; it has raised $1.6 million in seed funding from Y Combinator and Blackbird Ventures.