Fenwick represented Alfred, a leading end-to-end resident experience company, in its $42 million Series C financing. The financing included participation from Alfred’s initial investor, Spark Capital, prior investors New Enterprise Associates (NEA) and Greystar, and new investor 166 2nd LLC, the family office of Adam Neumann.
Alfred plans to use the new funding round to 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. More information can be obtained from Alfred’s announcement.
The Fenwick transaction team was led by corporate partner Ethan Skerry, partner-elect Patrick Grilli, associate Matthew McCabe and law clerk Sullivan Berthier, as well as executive compensation & employee benefits partner Matthew Cantor and technology transactions partner Vejay Lalla and associate Julia Arruda.