Home Service App, Handy, Raises $50 Million in Funding
We are living in a world where digital applications are making every thing we need to do even easier. Handy, a New York based start up, has been developing itself since 2012 as one of the next big home service applications available. Handy focuses on connecting customers with home service needs, such as cleaning or furniture delivery, with workers who will accomplish the task. Think of Handy as a sort of Uber derivative, where instead of rides around town you are getting work done on your house. Over the past few years we’ve seen many of these platforms dwindle, but Handy keeps rising above the rest.
The latest Series C round of investments found Handy raising an incredible $50 million to push their service, and the platform it runs on, wider and wider. While the incredible $50 million definitely surprised people, Handy CEO Oisin Hanrahan was anything but. There had been rumors floating around that Hanrahan was seeking the $50 million number after finding a valuation of $500 million for the company. With similar services flopping there was at least a little bit of reason to be concerned. However, this proved to be a fruitless endeavor.
Handy, which has crossed the threshold on 1 million completed jobs, has continued to grow at a rate that should shock even the most optimistic endeavor. Right now there are more than 10,000 professional ’employees’ registered with the application and customers are booking hundreds of thousands of jobs per month. With this new investment funds on hand Hanrahan is planning on making some big changes in the way the company works as well as where they are stationed.
Hanrahan told TechCrunch that they, “Want to deliver a better customer experience” but that he was also focused on expanding the scope of the app. Right now Hanrahan estimates that 80% of their booked jobs relate to cleaning houses, but the goal is to offer even more services to potential customers.