DivcoWest

DivcoWest is a real estate investment firm founded in 1993 and headquartered in San Francisco, with additional offices in Los Angeles, Menlo Park, Boston, Washington, D.C., and New York City. The firm specializes in acquiring, developing, and managing properties primarily in innovation-driven markets across the United States. DivcoWest has built a diverse real estate portfolio that includes office, research and development, laboratory, industrial, retail, and multifamily spaces. With a focus on fostering growth and enhancing well-being, the firm leverages its extensive network and experience to create environments that support forward-thinking companies and investors. Since its inception, DivcoWest and its predecessor have acquired approximately 48 million square feet of commercial space and have invested in leading venture-backed Proptech companies to unlock value within its portfolio and properties.

Breton Birkhofer

Principal

Past deals in Office Real Estate

EliseAI

Series D in 2024
EliseAI develops a conversational AI platform that automates communications and workflows in housing and healthcare operations. The platform provides multi-channel support (voice, text, email, and chat) and automates activities such as responding to leads, answering prospective tenant questions, scheduling tours, and following up on paperwork. It serves property managers in rental housing to enhance service quality and reduce property management costs, and supports healthcare providers to improve operational efficiency. By streamlining routine interactions, EliseAI aims to increase responsiveness and productivity across lease and care processes.

EliseAI

Series C in 2023
EliseAI develops a conversational AI platform that automates communications and workflows in housing and healthcare operations. The platform provides multi-channel support (voice, text, email, and chat) and automates activities such as responding to leads, answering prospective tenant questions, scheduling tours, and following up on paperwork. It serves property managers in rental housing to enhance service quality and reduce property management costs, and supports healthcare providers to improve operational efficiency. By streamlining routine interactions, EliseAI aims to increase responsiveness and productivity across lease and care processes.

VergeSense

Series C in 2021
VergeSense Inc. is a technology company based in San Francisco, California, that specializes in workplace analytics through its AI-driven platform. Founded in 2017, the company develops deep learning sensors that capture real-time occupancy data, enabling businesses to optimize their office spaces according to employee needs and expectations. VergeSense offers both wireless and wired sensors, alongside a software platform that analyzes this data, providing insights into space utilization, event detection, and human movement flow. Its services support agile workplace design, portfolio optimization, smart cleaning, and enhanced employee experiences. By integrating its analytics into existing workplace software applications, VergeSense helps organizations reduce real estate costs, improve building operations, and foster environments that enhance productivity and employee retention.

EliseAI

Series B in 2021
EliseAI develops a conversational AI platform that automates communications and workflows in housing and healthcare operations. The platform provides multi-channel support (voice, text, email, and chat) and automates activities such as responding to leads, answering prospective tenant questions, scheduling tours, and following up on paperwork. It serves property managers in rental housing to enhance service quality and reduce property management costs, and supports healthcare providers to improve operational efficiency. By streamlining routine interactions, EliseAI aims to increase responsiveness and productivity across lease and care processes.

Managed by Q

Series C in 2019
Managed by Q Inc. is a workplace management platform headquartered in New York, New York, that streamlines the operation of office environments. Founded in 2013, the company provides a comprehensive range of services, including on-demand cleaning, maintenance, IT support, and security. Its technology platform serves as an all-in-one solution for businesses, connecting them to essential services such as supply replenishment, task management, and project management, which encompasses pre-lease planning, vendor management, office design, and renovations. By facilitating seamless office operations, Managed by Q aims to save time and resources for businesses while promoting economic empowerment through job creation and support for small businesses. The company operates in key markets, including New York, Los Angeles, Chicago, and San Francisco.

WeWork

Series C in 2013
WeWork is a global commercial real estate company that provides flexible, shared workspaces and related services for technology startups, enterprises, and professionals. It designs and builds physical and virtual workspaces, and offers infrastructure, services, events, and technology to support collaboration, focus, and creativity. The company operates in multiple markets, including India and China, and includes WeWork Labs, which gathers early-stage startups and provides them with space, community, and programming to support their development.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.