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

Workplace management platform Envoy nabs _111M to power the hybrid workforce-01

Envoy, a workplace management platform that caters to the burgeoning hybrid workforce, has raised $111 million in a series C round of funding at a $1.4 billion valuation.

The company’s cash injection comes as businesses across industries have had to revaluate how they operate, now that remote work is very much the order of the day. Indeed, just yesterday, Meta, (formerly Facebook) became the latest big-name company to delay its return-to-office plans.

Envoy’s series C round was led by Brookfield Growth, with participation from Menlo Ventures, Andreessen Horowitz, Initialized Capital, Haystack, Bam Elevate, Seven Seven Six, Triple Point Capital, Elad Gil, among others.


Read More: https://venturebeat.com/2022/01/11/workplace-management-platform-envoy-nabs-111m-to-power-the-hybrid-workforce/

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