HelloOffice

About HelloOffice

Originally founded as HelloOffice in 2016, the company rebranded to Raise Commercial Real Estate in late 2020 to better reflect its expanded mission of helping companies reimagine the workplace. The venture was started in San Francisco by Justin Bedecarre, who previously co-founded 42Floors, an online commercial real estate marketplace that was later acquired. His experience in the proptech sector informed the creation of a technology-powered brokerage designed to streamline the traditionally cumbersome process of finding and managing office space.

Raise operates as a full-service commercial real estate brokerage that integrates technology with expert advisory services. The company serves a diverse client base, from high-growth startups like Brex and Y Combinator to established public companies such as Palantir. Its business model centers on providing a comprehensive, end-to-end platform for the workplace. This platform supports clients through every stage, including searching for office space, negotiating leases, managing the build-out of the office, and assisting with ongoing workplace operations. Revenue is generated through brokerage fees and fees for project management and workplace strategy services.

The company's core offering is a proprietary technology platform, WorkplaceOS, which digitizes and centralizes the real estate process. This system provides clients with curated, real-time information and collaborative tools, allowing tenants to interact directly with brokers, project managers, and workplace strategists. Beyond brokerage, Raise offers specialized services in project management and workplace strategy. This includes developing return-to-office playbooks and implementing hybrid workplace models, addressing the evolving needs for more flexible and dynamic work environments. Following a significant $20 million Series A funding round in 2020, the company expanded its geographic footprint beyond San Francisco and Los Angeles to include Silicon Valley, with plans for further national expansion.