Handybook Closes $30M Series B Funding

handybookHandybook, a New York City-based on-demand home cleaning and repair service, closed a $30m Series B investment funding.

The round was led by Revolution Growth, with participation from existing investors Highland Capital Partners and General Catalyst Partners.

The company, which has now raised $49m in total capital, intends to use the funds to build the team and product.

Founded in 2012 by two Harvard Business School classmates, Oisin Hanrahan (CEO) and Umang Dua (COO), Handybook connects consumers with home improvement and cleaning professionals.
The company first launched in Boston and New York and expanded to 26 markets throughout North America.
In addition to home cleaning, the brand offers home repair services including plumbing, electrical work, painting, moving, furniture assembly and many other tasks.

In January 2014, Handybook purchased Exec, a West Coast based on-demand home cleaning and improvement brand (read here).

FinSMEs

11/06/2014

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