What is Hipages?
Hipages operates as a leading digital platform in Australia, dedicated to connecting homeowners with trusted tradespeople for a wide array of home improvement projects. The service simplifies the process for consumers by enabling them to solicit multiple quotes from local professionals, thereby facilitating informed decision-making. For tradespeople, Hipages offers a valuable channel for acquiring quality leads and provides tools to enhance their business operations and client management. With a substantial user base exceeding four million Australians, Hipages has fundamentally reshaped the landscape of how individuals find and engage with skilled trades.
How much funding has Hipages raised?
Hipages has raised a total of $11.6M across 2 funding rounds:
Private Equity
$5.6M
Private Equity
$6M
Private Equity (2014): $5.6M with participation from Australian Ethical Investment, Ellerston Capital, and Right Click Capital
Private Equity (2015): $6M led by Australian Ethical Investments, Kestrel Capital, Ellerston Capital, and Right Click Capital
Key Investors in Hipages
Australian Ethical Investment
Australian Ethical Investment is an established Sydney-based firm founded in 1986, managing funds with a focus on ethical investment principles for pension and superannuation portfolios.
Ellerston Capital
Ellerston Capital, an Australian investment management firm established in 2002, specializes in innovative equity and alternative investment strategies, serving a diverse client base with a focus on the Oceania region.
Right Click Capital
Right Click Capital is an Australian advisory firm with deep expertise in technology sector exits, assisting founders in Australia, New Zealand, and Southeast Asia by leveraging global relationships and a strong transaction history.
What's next for Hipages?
The recent major strategic investment signifies Hipages' transition into a more mature growth phase, likely focusing on scaling operations, enhancing its technological infrastructure, and potentially expanding its service offerings or geographic reach. This capital injection will empower the company to solidify its market leadership and explore new avenues for innovation within the home services industry. Strategic partnerships and further platform development are anticipated as Hipages leverages this backing to drive sustained value creation.
See full Hipages company page
