Managed by Q is a company.
Managed by Q has raised $97.0M across 5 funding rounds.
Key people at Managed by Q.
Managed by Q has raised $97.0M in total across 5 funding rounds.
Key people at Managed by Q.
Managed by Q has raised $97.0M in total across 5 funding rounds.
Managed by Q's investors include 8VC, BoxGroup, Brainchild, CoinFund, Craft Ventures, Equal Ventures, Goodwater Capital, Greycroft, M.G. Siegler, GV, Haystack, Javelin Venture Partners.
Managed by Q is a New York-based office management platform that provides on-demand services including cleaning, maintenance, IT support, supplies, security, and office administration to help office managers streamline physical space operations.[1][2][3] Launched in 2014, it serves thousands of clients across cities like New York, Chicago, Los Angeles, San Francisco, Oakland, Boston, and Silicon Valley, employing over 1,000 service professionals as W2 workers with above-market wages, benefits, paid leave, 401(k), bonuses, and career development—differentiating it from gig economy models.[2][3] The company solves fragmented office management by offering a unified dashboard for booking and tracking services, blending software reliability with real-world operations, and achieved rapid growth with $128.25 million in funding before its 2019 acquisition by WeWork (now The We Company).[3]
Managed by Q was founded in December 2013 by Dan Teran (CEO) and Saman Rahmanian (Chief Product Officer), who met at Prehype, a venture development firm, while sharing a passion for design and building an "operating system for the built world."[1][2][4] With backgrounds in product design, they identified pain points for property and office managers in New York City through direct conversations, initially conceiving it as an "Uber for janitors" but pivoting to a full-service platform.[2] They launched in April 2014 in New York, starting with subcontractors for cleaning and maintenance but quickly shifted to direct W2 employment after three months due to quality inconsistencies; early challenges included founders cleaning offices themselves at night to meet demand, forgoing salaries, and building a high-integrity culture.[1][2] Pivotal traction came with a $15 million Series A in 2016, fueling expansion to Chicago and San Francisco amid the on-demand economy boom post-Uber.[1][3]
Managed by Q rode the 2010s on-demand economy wave (sparked by Uber in 2009), targeting office ops amid VC fervor for logistics startups, but stood out by humanizing labor in a gig-heavy space.[1][3] Its timing aligned with rising demand for workplace flexibility as remote/hybrid models emerged pre-pandemic, while proptech trends digitized physical spaces—delivering "software reliability to real-world operations" via dashboards and vetted pros.[2] Market forces like urban office density in NYC and tech hubs favored it, fostering competition/consolidation (e.g., its own acquisitions) and influencing the Future of Work by prioritizing employee welfare over contractor churn.[3] Post-2019 WeWork acquisition, it amplified WeWork's ecosystem, enabling aggressive expansion and blending coworking with managed services amid shifting office dynamics.[3]
With its 2019 integration into WeWork, Managed by Q is poised to scale as a backbone for hybrid workspaces, leveraging WeWork's global footprint for broader proptech dominance.[3] Trends like AI-driven facility management, sustainability-focused cleaning, and persistent remote work will shape its path, potentially expanding into smart building IoT or enterprise wellness services. Its worker-first model could evolve influence by setting standards against gig exploitation, powering resilient office ecosystems—echoing its origin as a reliability revolution for the built world.[2]
Managed by Q has raised $97.0M across 5 funding rounds. Most recently, it raised $25.0M Series C in January 2019.
