The round was led by Andreessen Horowitz. The deal was led by Andreessen Horowitz general partner Jeff Jordan, who also led the firm's investments in and sits on the board of highly disruptive marketplaces like Airbnb, Instacart, and Pinterest. Jordan will also join Codi's board.

Codi is killing the traditional long-term lease and reinventing commercial real estate for the way companies work today. Codi spaces are private, turnkey offices that enable companies to thrive with the most flexible terms on the market. Whether companies need a space that grows with them or a place to use a few days a week, Codi makes the process painless. Within days, companies can move into a unique space in popular neighborhoods, designed to fit their team's needs with customizable furniture, layouts, and amenities that employees love.