On-Demand Home Services Platform HOMEE Receives $15 Million

By Annie Baker • Sep 3, 2019
  • Tampa-based on-demand home services platform company HOMEE recently announced it raised $15 million

HOMEE — a Tampa-based on-demand home services platform that provides homeowners and property managers with instant access to thousands of skilled service providers — announced it raised $15 million in Series B funding. Including this round, HOMEE raised nearly $30 million.

In the past year, HOMEE experienced tremendous growth. And this round of funding will be used to enable the company to launch in new markets and further expand its growing service provider network throughout the U.S.

Forte Ventures led this funding round and Liberty Mutual Strategic Ventures and included new strategic investors The Hartford, State Farm Ventures, and Ferguson Ventures also joined along with 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,” said HOMEE co-founder and CEO Doug Schaedler. “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’s service providers use GPS-enabled smartphone technology to 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. And 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.

“We are excited to lead the Series B financing round and join the HOMEE team as the company continues to pursue rapid growth throughout the United States,” added Forté Ventures managing partner Tom Hawkins — who is joining the HOMEE Board of Directors. “HOMEE is one of the fastest-growing companies in the home services market and has achieved tremendous traction to date by successfully addressing key industry challenges.”

HOMEE’s on-demand home service is available for any type of property from homes and condos to offices and restaurants. And HOMEE counts some of the largest national single-family and multi-family portfolio companies as its clients. Plus customers benefit from standardized, lower pricing, and quick, convenient service while service providers benefit from a centralized source of work with no marketing costs.