Worksphere, the Seattle-based startup constructing a platform to handle hybrid office experiences, has been acquired by San Francisco-based competitor Envoy.
Each corporations promote software program that helps employers handle how staff ebook desks and use bodily workplace house.
Envoy launched in 2013 and raised $111 million in January. It additionally acquired desk reservation and scheduling startup OfficeTogether in August.
Envoy has grown alongside the pandemic-fueled adoption of hybrid work, and its clients embrace giant enterprise clients equivalent to Slack, Pinterest, Hulu, Stripe and Mazda, amongst others.
Worksphere was co-founded in September 2020 by CEO Aakhil Fardeen, CTO Mark Piper and Director of Gross sales Theresa Klaassen. They beforehand labored at Lish, a company catering startup that Fardeen began. With staff going distant when the pandemic hit, Lish’s enterprise slowed — and that led to the creation of Worksphere.
Worksphere permits customers to schedule time within the workplace and automate things like capability limits, wellness surveys and call tracing. In January 2021 it raised $550,000 in pre-seed funding led by Ascend.vc. The startup additionally graduated from Y Combinator final yr.
“We’ve had an unbelievable journey constructing Worksphere over the previous two years, and I really feel grateful to have the chance to affix forces with Envoy and proceed engaged on the way forward for workplaces,” Farheen instructed Startup in an e-mail. “Particularly with those who share our mission and values.”
He added that Lish remains to be in operation and on a “progress path.” Farheen stays on the corporate’s board and advises its new management. Nonetheless, he’s now not concerned within the firm’s day-to-day operations.
The Worksphere sale was paid for with a mixture of money and inventory. Whole transaction quantity was not disclosed. Worksphere’s eight staff, which incorporates its three co-founders, will be part of Envoy as a part of the acquisition.
“The Worksphere crew will deliver their scale-focused expertise to assist lead a lot of our enterprise initiatives,” Envoy CEO and founder Larry Gadea wrote in a weblog put up.
The acquisition will shut Sept. 20. As soon as accomplished, Worksphere will now not preserve its branding.
Worksphere raised a complete of $2.5 million from Y Combinator, Village International, Ascend.vc, Socii Capital, Inexperienced D Ventures, Portland Seed Fund, Distant First Capital, Avalanche VC and numerous angel buyers.