June 11, 2014
It was announced this morning that NYC-based Handybook has raised $30 million in a Series B round of funding. The round was led by Revolution Growth, a $450 fund co-founded by Steve Case, Ted Leonsis, and Donn Davis. Other participants in this recent round of fundraising include current investors Highland Capital Partners and General Catalyst Partners.
“Investing in Handybook is consistent with our strategy of backing great entrepreneurs who are offering consumers more choice, control and convenience,” said Steve Case, chairman and CEO of Revolution, in a statement. “We’ve seen how quickly millions of people have embraced on-demand marketplaces for booking cars and places to stay, and we believe home services is the next big category ripe for disruption.”
Handybook offers a platform that allows people to easily book on-demand cleaning and repair services. First launched in Boston and New York back in 2012, the company has grown quickly to cover 26 markets across North America, including Los Angeles, San Francisco, Austin, Baltimore, and Toronto. This new fundraising will be used to support the growing demand for the service in all of its current markets.
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