Background and Vision

Codi was founded in 2018 to help companies locate flexible office spaces, acting as a marketplace that matched businesses with buildings offering adaptable lease terms. Over time, the startup expanded its services to assist with move‑in processes and vendor coordination. Co‑founders Christelle Rohaut and Dave Schuman observed that office management remained "very manual and broken," often costing companies at least $80,000 a year in administrative expenses.

AI‑Powered Platform Launch

Leveraging recent advances in artificial intelligence, Codi announced the launch of a new platform that automates the entire office‑management workflow. The AI has been trained on the expertise and data Codi accumulated over several years, allowing it to integrate a curated network of service providers and autonomously manage tasks such as pantry restocking, cleaning schedules, and vendor coordination. Rohaut described the product as a subscription‑based management fee that represents "a fraction of the cost of an office manager or part‑time office manager or even a fractional EA."

Beta Success and Early Adoption

The beta version of the AI platform was released in May, and within five weeks it generated $100,000 in annual recurring revenue. During the beta, Codi signed 40 new companies, including notable customers TaskRabbit and Northbeam. Rohaut noted that many of the firm’s existing clients, who previously used Codi for space‑finding and move‑in support, are transitioning to the AI platform for ongoing office operations.

Competitive Landscape

Codi positions itself against legacy office‑management firms and workplace‑experience platforms such as Envoy. Unlike traditional providers that require human staff to review, hire, and coordinate vendors, Codi’s AI executes those functions autonomously. Compared with broader workplace platforms, Codi focuses specifically on the physical operations of an office, aiming to make offices run themselves in the same way autonomous vehicles operate.

Funding and Future Outlook

The company previously raised a $16 million Series A round in 2022 led by Andreessen Horowitz (a16z), bringing total funding to $23 million. With the AI platform now live, Codi intends to eliminate the logistical burden of managing physical spaces, allowing human talent to concentrate on culture, growth, and strategic initiatives.

Usado: News Factory APP - descubrimiento de noticias y automatización - ChatGPT para Empresas