A16z-backed Codi Launches Ai Agent Office Manager

Codi, an Andreessen Horowitz-backed startup founded by Christelle Rohaut and Dave Schuman, is launching what it hails arsenic nan first AI-powered level to afloat automate agency management.  

Codi was founded successful 2018, successful a pre-pandemic world, pinch a ngo to thief companies find elastic agency spaces. It was much of a marketplace, arsenic TechCrunch antecedently reported, that matched companies to buildings that offered elastic agency arrangements. Codi past assisted pinch nan move-in processes.

Rouhat, nan company’s CEO, said she and her squad backmost past utilized to manually negociate agency spaces and vendors for their clients, but nan caller advancements successful AI person allowed them to essentially automate themselves. 

“The erstwhile exemplary of Codi, you had to get nan abstraction pinch Codi. Now, immoderate agency you lease, you tin usage this to automate your agency logistics,” she said of her caller AI SaaS product.

The startup released its beta type of nan caller AI agency guidance merchandise successful May and officially launched it connected Tuesday. The institution past raised a $16 cardinal Series A successful 2022 led by a16z, and has raised $23 cardinal to date.

The exertion comes as return-to-office continues to return clasp passim firm America. “Office guidance remains very manual and broken,” Rouhat, nan company’s CEO, told TechCrunch. She added that it tin costs companies astatine slightest $80,000 a twelvemonth conscionable successful administrative costs to tally an office.  

The domiciled of an agency head has besides changed passim nan years. In this post-pandemic world, arsenic companies moved toward distant and hybrid work, nan general occupation of agency head has often been near unfilled. When companies do person an agency manager, they are often spending more time on planning events alternatively than the logistics of nan office, she said. 

Rouhat said she and nan squad trained nan Codi AI connected each nan expertise and data they’ve accumulated over the past fewer years. The vendors a institution uses are put into nan AI system, and past nan AI coordinates for agency needs specified arsenic pantry restocking and cleaning. The institution said it took only 5 weeks for it to reach $100,000 successful ARR aft it released its beta.  

“This caller level is estimated to prevention hundreds of hours a year in admin tasks,” she said. Codi takes a guidance interest per month,  like a subscription, which is “a fraction of nan costs of an agency head aliases part-time agency head aliases moreover a fractional EA,” Rohat continued.  

Rouhat said “a bully portion” of their clients, from whom they managed agency spaces, are transitioning to using nan AI platform. Just successful nan beta, the new Codi merchandise has already signed 40 caller companies, for illustration TaskRabbit and Northbeam, Rouhat said.  

Rouhat sees Codi’s competitors arsenic being bequest guidance companies and workplace acquisition platforms, for illustration Envoy. She said, dissimilar bequest guidance companies, Codi replaces nan request for unit members to review, hire, and coordinate pinch each vendor because nan execution is autonomous and nan level integrates a curated web of serviced providers, Rohaut said.

Also, compared to workplace platforms, Codi helps coordinate nan handling of beingness operations successful an office, she continued.

“Codi is building nan early wherever offices tin tally themselves, conscionable for illustration cars tin thrust themselves,” she continued. “We want to wholly region nan logistical load of managing beingness spaces and free quality talent to attraction connected nan workplace civilization and growth.”