Alfred closes on $42M in new funding
Alfred , an end-to-end resident experience company, announced that it closed on approximately $42 million in new Series C funding, with participation from its initial investor, Spark Capital, prior investors New Enterprise Associates (NEA) and Greystar, and new investor166 2nd LLC, the family office of Adam Neumann. Currently serving over 100,000 homes in 20 markets across the United States, Alfred is now poised to capitalize on its momentum, strategically grow its team and operations, and capture market share at a time when demand for its in-home and domestic services is at a record high.
“COVID-19 has catalyzed change in consumer habits and technology use at an unprecedented pace for all of us, compelling a reexamination of how we interact with one another and placing a renewed emphasis on the importance of the home. These recent months have reinforced the values of connectivity and community investment that serve as a foundation for our company. This most recent raise provides us with the financing needed to grow in sync with the expanding in-home economy. We are grateful for the support of our investors, both existing and new, and the confidence they have placed in our strategy, platform, and vision.” – CEO & Co-Founder of Alfred, Marcela Sapone.