Handy, an on-demand home service provider, announced a $50M Series C funding round yesterday.
The company plans on using the new funding round to expand to new cities and offer more home services through the platform. These include Handyman (the plumbing, cleaning, electrical and maintenance arm of the company), Vacation Rental Services (a cleaning services for vacation homeowners) and Handy Store (the company’s furniture delivery service).
Handy was founded in 2012 by Oisin Hanrahan and Umang Dua, who viewed the home services market as inefficient and broken. Handy's platform allows customers to book pre-screened independent professionals for common household services. The online booking process is seamless and time-efficient, allowing users to find and secure a home service professional in as little as 60 seconds.
Today, Handy has surpassed 1 million bookings worldwide, with many customers using the service on a weekly basis. Every month, over 10,000 independent professionals complete 100,000 home service books throughout the US, UK and Canada.
“Our vision has been simple — to connect customers to professionals of virtually every home service with the tap of a button,” said Handy cofounder Hanrahan in a statement. “With well over one million bookings completed through the platform, we have shown the need for a seamless, reliable, and convenient on-demand alternative. With this recent funding round, we will continue to increase our presence in each of our cities, offer more home services, and improve the platform to continue to deliver the experience that the hundreds of thousands of people using the platform have come to expect of us.”
The recent funding round was led by Fidelity. To date, the company has now raised over $110 million in funding.
