Three Insurers Invest in HOMEE
HOMEE , an on-demand home services platform, has announced it has closed a $15 million Series B financing, bringing its total funding to $28.8 million.
Forte Ventures led the round with Liberty Mutual Strategic Ventures and included new strategic investors The Hartford, State Farm Ventures, and Ferguson Ventures, as well as existing investors Activate Capital Partners, Florida Funders, Deepwork Capital, and Engage.
“We launched HOMEE three years ago to change the way homeowners and landlords order home services. Our revolutionary on-demand model which ensures our customers the highest quality service at the most competitive price is why we have gained the trust of some of the largest property owners in the country. This financing round is especially exciting for the Company as we are pleased to have the participation of three innovative leaders within the insurance industry and Ferguson, the world’s leading distributor of plumbing products and a major HVAC distributor. We look forward to working with all our new strategic partners and servicing their home improvement needs across the country.” – HOMEE co-founder and CEO, Doug Schaedler.
Using GPS-enabled smartphone technology, service providers on the HOMEE network accept new job requests under a minute on average and arrive at the job location for repairs, improvements, or maintenance in an average of 30 minutes or less. Every service provider on the HOMEE network is background-checked and screened by HOMEE’s operations team and is continually monitored by the app’s provider rating system to ensure ongoing quality service.