# 42Floors

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/42floors

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.42floors.com
- Total disclosed funding: $17M
- Latest round: Series B (Jan 18, 2013)
- Investors on record: 12

## About

42Floors, Inc. is a technology-focused company that provides an online platform for searching and listing commercial real estate and coworking spaces in major urban areas across the United States.Founded in 2011 in San Francisco, US, 42Floors, Inc. operates a platform that connects businesses with commercial real estate listings. The company has secured a total funding of USD 12.30 mn across various rounds, with the most recent being Series B led by New Enterprise Associates on July 18, 2018. The company has completed 5 deals to date. Jon Bracy is one of the key figures associated with the company.42Floors offers a comprehensive suite of products and services that facilitate the leasing and management of commercial real estate and coworking spaces. Their platform allows users to browse, list, and promote commercial real estate assets across the United States, providing critical tools for managing bookings and marketing strategies. The service caters to a client base that includes commercial real estate brokers, property managers, and businesses in need of office solutions, featuring over 365,000 commercial listings and detailed market reports. The platform is accessible in major markets including New York, Los Angeles, San Francisco, and Chicago.42Floors generates revenue primarily through subscription fees and partnerships with property owners and commercial real estate brokers who list their spaces. Businesses pay for premium visibility and functionalities, including detailed market analyses and promotional tools, which facilitates connections with potential tenants and streamlines booking processes. The revenue model accommodates both B2B and direct-to-consumer transactions.With recent funding from the Series B round, 42Floors, Inc. plans to launch new products focused on enhancing user experience and expanding its platform capabilities. The company aims to enter additional markets in the United States to broaden its reach and user base. The strategic utilization of the USD 12.30 mn raised will support these initiatives. Additionally, following its acquisition by Knotel, Inc. in July 2018, 42Floors is positioned for further growth in the commercial real estate sector.

## Funding rounds

- Series B, Jan 18, 2013, $12M — New Enterprise Associates, Bessemer Venture Partners, Thrive Capital, Columbus Nova Private Equity Partners
- Series A, Sep 10, 2012, $5M — Bessemer Venture Partners, Andreessen Horowitz, SV Angel, Thrive Capital, Y Combinator Management, LLC
- Seed, Dec 1, 2011, $0.4M — SV Angel, Founder Collective, Y Combinator, Start Fund, BoxGroup, Camber Creek

## Investors

- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed, Series A
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Start Fund — Seed
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed
- Camber Creek (https://capitalatlas.ai/funds/camber-creek) — Seed
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series A, Series B
- Y Combinator Management, LLC — Series A
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B
- Columbus Nova Private Equity Partners (https://capitalatlas.ai/funds/columbus-nova-private-equity-partners) — Series B