Office leasing startup Codi inks $16m Series A

• The deal was led by Andreessen Horowitz General Partner Jeff Jordan, who will also join Codi’s board
• Codi was founded by Christelle Rohaut and Dave Schuman to offer alternatives to traditional long-term leases
• Based in San Francisco, Codi was founded in 2018

Codi, which pairs flexible leasing with ongoing office management, has secured $16 million in Series A funding. Andreessen Horowitz led the round.

The deal was led by Andreessen Horowitz General Partner Jeff Jordan, who will also join Codi’s board.

Codi was founded by Christelle Rohaut and Dave Schuman to offer alternatives to traditional long-term leases.

“The key to what we’ve built is flexibility,” said CEO Rohaut, in a statement. “This new age of remote work has changed the calculus for companies that still want a physical space for their teams to collaborate. The office should no longer be a liability, but a service – a service that companies can flex up or down based on their growth needs and culture.”

Based in San Francisco, Codi was founded in 2018.