Andreessen Horowitz-backed startup Codi has officially launched an AI-powered platform designed to automate office management tasks, a move the company asserts marks the introduction of the first fully automated system for this function. The platform, which transitioned from a beta release in May, aims to streamline operations such as vendor coordination and facility maintenance.
Founded in 2018 by Christelle Rohaut and Dave Schuman, Codi initially operated as a marketplace connecting companies with flexible office spaces. This new offering represents a strategic shift from its previous model, which required companies to lease space through Codi. The company secured a $16 million Series A funding round in 2022, led by a16z, bringing its total capital raised to $23 million.
Christelle Rohaut, CEO of Codi, stated that the previous manual management of office spaces and vendors for clients has been automated by recent advancements in AI. She highlighted that "office management remains very manual and broken," estimating administrative costs for running an office can exceed $80,000 annually. Rohaut noted a shift in the role of office managers post-pandemic, with many focusing more on event planning than core logistics.
The AI-driven system integrates client vendors to coordinate needs such as pantry restocking and cleaning. Following its beta release in May, the platform reportedly achieved $100,000 in Annual Recurring Revenue (ARR) within five weeks. During its beta phase, Codi onboarded 40 new companies, including TaskRabbit and Northbeam. Rohaut claimed the new platform is "estimated to save hundreds of hours a year in admin tasks."
Rohaut identified legacy management companies and workplace experience platforms like Envoy as competitors. She stated that Codi differentiates by autonomously executing tasks and integrating a curated network of service providers, eliminating the need for staff involvement in vendor review and hiring. Rohaut articulated a vision where "offices can run themselves, just like cars can drive themselves," aiming to remove logistical burdens and enable human talent to focus on workplace culture and growth. The service operates on a monthly subscription fee, which Codi claims is "a fraction of the cost of an office manager."