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Venture Capital News: Gable Raises $16M

2023-02-28
SAN FRANCISCO, CA, Gable, the startup that helps distributed companies manage office space for their workforce, today announced a $16 million funding.
On Gable's portal, employees can see where their coworkers are working that day and book a desk alongside them while the company can manage budgets and monitor employee satisfaction. The funding is co-led by SemperVirens and Foundation Capital, with participation from Tishman Speyer Ventures, Ulu Ventures and January Ventures.

Gable enables employees to search and book from thousands of available workspaces within a predetermined budget. The custom portal allows anyone from the team to invite others to join them at any location and for employees to see where each other is working. Companies using Gable have seen employees' interest in coming into the office jump by 75%. Just-released features extend the ability to reserve and manage events and book a desk at the company's permanent offices.
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