We’ve Raised our Series B; Welcoming Mike Roth

Today, the entire Hofy team and I are pleased to announce that we’ve raised our Series B of $15M, bringing our total funding to $30.2M. This raise will allow us to focus on what matters most to our customers: expanding our services to deliver globally consistent, secure and compliant equipment management. 

I’m also delighted to welcome Amazon Veteran Mike Roth to Hofy’s board. Mike’s experience in building Amazon’s tech-enabled, customer-centric products, including scaling their US and UK fulfilment operations, will accelerate Hofy’s path to building a new global infrastructure, as reliable as Amazon’s fulfilment has proven to be.

Mike recognises the pivotal role Hofy plays in facilitating truly global, distributed work:

“The pandemic revealed that businesses want to access the global talent marketplace. But in actuality, companies have relied on local onboarding processes that are clunky and disorganized.

Hofy is a game changer. By ensuring hardware is delivered anywhere in the world and setup on services via strict access control, we enable every company to recruit globally.

I couldn’t be more excited to be part of the Hofy team.”

Our commitment to globally distributed work

Our Series B will enable us to focus on our customers’ most important needs:

• Global coverage - by expanding our country coverage, we help to remove geographical constraints to hiring
• Global IT - by expanding our IT services, we move closer to ensuring a consistent global productivity and security offering for our customers.

CNP led our Series B, with participation from Stride, 20VC, Day One Ventures, Kindred Capital, Activum and TrueSight. 

Reflection and thanks

In March 2020, we started Hofy with a simple proposition: the most convenient way to offer healthy and productive remote work setups to distributed workers. 

Now, 2.5 years on, we operate in 110 countries, delivering equipment on time for first days >99.5% of the time, and have helped over 200 customers equip and support team members worldwide.

We could not have reached our goals without the consistent hard work of our team members. So I’d also like to thank the Hofy team for your continued commitment to our vision.