logo
logo

Alfred Closes on $42 Million in New Funding

Oct 14, 2020•almost 5 years ago

Amount Raised

$42 Million

New York

Description

Alfred, the leading end-to-end resident experience company, today announced that it closed on approximately $42 million in new Series C funding, with participation from its initial investor, Spark Capital, prior investors New Enterprise Associates (NEA) and Greystar, and new investor 166 2nd LLC, the family office of Adam Neumann. Currently serving over 100,000 homes in 20 markets across the United States, Alfred is now poised to capitalize on its momentum, strategically grow its team and operations, and capture market share at a time when demand for its in-home and domestic services is at a record high.

Company Information

Company

Alfred

Location

New York, New York, United States

About

Alfred, also known as Hello Alfred, is an end-to-end resident experience and building management platform that is changing the way people live. Operating at the intersection of real estate and technology, Alfred builds personal and intuitive support into the most important space in our lives: our homes. Named by Fast Company as one of the Top 50 Most Innovative Companies in the World, Alfred has been recognized in The New York Times, The Financial Times, and Wall Street Journal as a pioneer in the on-demand economy following its decision to hire Alfred Home Managers as W-2 employees (complete with benefits, training, and the ability to move up in the organization) and its support of local ecosystems and neighborhood businesses. To learn more about Alfred visit www.helloalfred.com.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech