What is Handy?
Founded in 2012 and headquartered in New York City, Handy offers a digital platform for booking residential cleaning and handyman services. The company connects homeowners and renters with professionals for tasks related to houses, apartments, and condominiums. Handy's online booking system aims to streamline the process of finding and hiring reliable service providers for property maintenance and upkeep, positioning itself as a key player in the gig economy for home services.
How much funding has Handy raised?
Handy has raised a total of $107M across 5 funding rounds:
Angel/Seed
$2M
Series A
$10M
Private Equity
$15M
Series B
$30M
Series C
$50M
Angel/Seed (2012): $2M with participation from General Catalyst and Highland Capital Partners
Series A (2013): $10M led by Highland Capital Partners, General Catalyst Partners, and BoxGroup
Private Equity (2014): $15M supported by TPG Growth
Series B (2014): $30M featuring Revolution Growth
Series C (2015): $50M backed by Revolution Growth, Fidelity Management, General Catalyst, TPG Ventures, and Highland Capital Partners
Key Investors in Handy
General Catalyst
General Catalyst is a venture capital firm that backs transformational companies across various sectors and stages. They focus on identifying and supporting ambitious entrepreneurs with deep sector expertise and operational experience to build enduring enterprises.
Highland Capital Partners
Highland Capital Partners is a venture capital firm focused on investing in entrepreneurs and innovative startups, with a significant track record of successful exits and IPOs. They emphasize a long-term partnership approach to help startups achieve their goals.
TPG Growth
TPG Growth is a global investment firm that manages alternative assets and supports business growth across diverse industries, including private equity and venture capital. They are known for their strategic insight and collaborative approach to building long-term value.
What's next for Handy?
With the recent influx of major strategic investment, Handy is poised for accelerated growth and service expansion. The company's trajectory, marked by consistent funding rounds from prominent venture capital firms, suggests a strategic focus on scaling operations, enhancing its technological infrastructure, and potentially broadening its service offerings. This latest capital infusion will likely enable Handy to solidify its market position, invest in customer acquisition, and further optimize its platform for both service providers and consumers, aiming to capture a larger share of the home services market.
See full Handy company page
