Managed by way of Q, the platform that is helping office managers take care of day by day operations, has made its first acquisition, selecting up Y Combinator graduates Hivy for an undisclosed quantity.
Managed By Q we could office managers guide cleanings, to hand paintings, IT lend a hand, and order office provides because of a partnership with Staples. MBQ has raised upwards of $72 million and now serves New York, Chicago, San Francisco and Los Angeles.
The device started with Q putting in a specialised pill in the office that we could office managers guide services and products or order provides like rest room cleaning soap, paper, pens, and different office staples (don’t thoughts the pun). The corporate has since developed to provide the identical services and products (and plenty of others, together with cleansing, repairs and IT) via a internet platform. While a few of these services and products are treated by way of W2 Q Operators, others are equipped by way of third-party distributors indexed on the Managed By Q website online.
Hivy, on the different hand, specializes in inner communique between office workers and office managers, letting workers make requests and observe out-of-stock provides with out creating a commute over to the office supervisor’s table. Hivy additionally integrates third-party distributors in order that office managers can take a look at what they want internally and order externally all on the identical platform.
Q CEO Dan Teran defined to TechCrunch that the Hivy provider suits in truly neatly with Q’s current platform.
“We have a lot of customers in common, and realized just how complimentary the services were,” stated Teran. “This acquisition will make it easier to run and office and make an office more productive, which is what we’re all about.”
The acquisition will deliver over Hivy’s core crew, which, in step with Teran, was once restricted to a reasonably lean core crew of founders. In reality, Teran stated that he discovered it highest to touch Hivy CEO Pauline Tordeur by way of Hivy’s buyer make stronger channel, as she treated all buyer make stronger communique.
For now, Managed By Q and Hivy will proceed to run separate companies, says Teran. Eventually, then again, the firms will combine services and products.