# Hiven

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.codi.com
- Total disclosed funding: $24M
- Latest round: Series A (Sep 15, 2022)
- Investors on record: 4

## About

Hiven, Inc. delivers innovative office management solutions that enhance productivity and organizational effectiveness, catering to diverse business needs in the evolving workplace landscape.Founded in 2018 in San Francisco, US, Hiven, Inc. specializes in office management services. The company raised USD 16.00 mn in Series A funding on September 15, 2022, led by Andreessen Horowitz. The founders, Dave Schuman and Nathan Vetokele, have backgrounds in technology and entrepreneurship, contributing to the company's strategic direction.Codi provides a comprehensive suite of office management services aimed at enhancing workplace efficiency and employee satisfaction. Their core offerings include professional cleaning services, IT and internet management, supply restocking for beverages and other essentials, and furniture design. The services are designed to automate various office operations, allowing businesses to focus on their core activities without being burdened by administrative tasks. Codi targets a diverse client base that includes startups, media agencies, and established businesses in metropolitan areas such as New York City, San Francisco, and Los Angeles. The services are tailored to meet the needs of modern workplaces, transforming them into environments that foster collaboration and productivity.Codi's revenue model is primarily based on service contracts that encompass various office management needs, sold through a subscription or service package structure. Clients can select from different service packages that include options for cleaning, IT support, and supply restocking, allowing for flexibility based on the specific requirements of their workplace. The pricing structure is designed to be competitive, with a focus on providing value through bundled services that help reduce overall administrative costs. Codi's offerings position them as a key player in the B2B sector, servicing a range of commercial clients who benefit from their streamlined, automated office solutions.In September 2022, Hiven, Inc. raised USD 16.00 mn in Series A funding, which will be utilized to reimagine the physical office for the hybrid work era. The company plans to expand its service offerings and enter new geographic markets, focusing on larger metropolitan areas to accommodate the growing demand for enhanced workplace solutions.

## Funding rounds

- Series A, Sep 15, 2022, $16M — Andreessen Horowitz
- Seed, Dec 4, 2020, $5.4M — NFX, Urban Innovation Fund, Animo Ventures
- Seed, Aug 11, 2020 — Animo Ventures
- Seed, Feb 5, 2020, $3M — Urban Innovation Fund

## Investors

- Urban Innovation Fund (https://capitalatlas.ai/funds/urban-innovation-fund) — Seed
- Animo Ventures (https://capitalatlas.ai/funds/animo-ventures) — Seed
- NFX (https://capitalatlas.ai/funds/nfx) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A