Codi, a startup backed by Andreessen Horowitz and founded by Christelle Rohaut and Dave Schuman, is launching what it describes as the first AI-powered platform to fully automate office management. The company was founded in 2018 with a mission to help companies find flexible office spaces. Initially, it operated as a marketplace that matched companies with buildings offering flexible arrangements and assisted with the move-in processes.
Christelle Rohaut, the company’s CEO, explained that she and her team used to manually manage office spaces and vendors for their clients. However, recent advancements in artificial intelligence have allowed them to automate these tasks. She stated that their new AI SaaS product can now be used to automate office logistics for any leased office, not just spaces acquired through Codi.
The startup released a beta version of this new AI office management product in May and officially launched it recently. The company last raised a sixteen million dollar Series A funding round in 2022, led by Andreessen Horowitz, and has raised twenty-three million dollars to date.
This technology emerges as return-to-office policies continue to gain traction across corporate America. Rohaut described office management as a very manual and broken process, noting that it can cost companies at least eighty thousand dollars a year just in administrative costs to run an office. She also observed that the role of an office manager has changed. In the post-pandemic world, with the shift to remote and hybrid work, the formal job of office manager is often left unfilled. When companies do have one, that person often spends more time planning events than handling office logistics.
Rohaut said she and her team trained the Codi AI on all the expertise and data they have accumulated over the past few years. The system integrates a company’s vendors, and the AI then coordinates office needs such as pantry restocking and cleaning. The company reported that it took only five weeks after releasing the beta to reach one hundred thousand dollars in annual recurring revenue.
This new platform is estimated to save hundreds of hours a year in administrative tasks. Codi charges a monthly management fee, which operates like a subscription. Rohaut said this fee is a fraction of the cost of a full-time office manager, a part-time office manager, or even a fractional executive assistant.
A good portion of their existing clients, for whom they previously managed office spaces, are now transitioning to the AI platform. During the beta phase alone, the new Codi product signed forty new companies, including TaskRabbit and Northbeam.
Rohaut sees Codi’s competitors as legacy management companies and workplace experience platforms like Envoy. She stated that unlike legacy management companies, Codi eliminates the need for staff to review, hire, and coordinate with each vendor because the execution is autonomous and the platform integrates a curated network of service providers.
She also explained that, compared to workplace experience platforms, Codi focuses on coordinating the physical operations within an office. Rohaut concluded by saying that Codi is building a future where offices can run themselves, similar to how cars can drive themselves. The goal is to entirely remove the logistical burden of managing physical spaces and free human talent to focus on workplace culture and growth.