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Alternative Assets  + Real Estate  |  October 18, 2023
HqO Raises Over $50M to “Revolutionize” Real Estate Landscape
By: Joe Palmisano

HqO Raises Over $50M to “Revolutionize” Real Estate Landscape 

HqO, a Boston-based proptech platform, has raised over $50 million in Series D funding led by Koch Real Estate Investments, a subsidiary of Koch Industries, along with participation from existing investors, venture capital and commercial real estate firms including Accomplice, Insight Partners, and Related.  

The fresh capital infusion brings the total funding to over $200 million, allowing it to continue executing on its focused M&A strategy. 

In response to the evolving real estate market, the firm established the HqO Real Estate Experience (REX) platform, an end-to-end solution centered on the consumer. According to the company, the platform solves “pain points” in the real estate market for owners, operators, and occupiers. 

Intelligence, the newest product on the REX Platform, is based on the company’s existing real estate product, Experience Manager (XM). It is the “first and only” industry standard for monitoring and assessing the health and performance of a customer’s experience within a property, according to the firm. 

Users have immediate access to global real estate data from over 1.7 million employees and 8,000 workplaces. 

“We’re doubling down on our commitment to connect real estate to the people and help create spaces that truly serve the evolving needs of those who use them,” said Chase Garbarino, HqO co-founder and CEO. 

HqO’s REX Platform has connected over 350,000 users to real estate in 700 properties across 32 countries. 

Related, Vornado Realty Trust, Nuveen Real Estate, Jamestown L.P., Hudson Pacific Properties, Grosvenor, Legal & General Investment Managers, J.P. Morgan Asset Management, Hines, abrdn, LaSalle, Primonial, ARC, and Chiswick Park are among the clients served by HqO. 

Separately, Justin Wilson, managing director at Koch Real Estate Investments, will be joining HqO’s Board of Directors. 

Pictured: Chase Garbarino, HqO co-founder and CEO 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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