Honey Homes: Upkeep And Maintenance Company Raises $9 Million

By Noah Long ● Jul 6, 2023

Honey Homes – a membership service delivering complete home upkeep and maintenance – recently announced it has raised $9 million in Series A funding led by Khosla Ventures. This funding round brings Honey Homes’ total funding raised to over $12.1 million – which includes participation from Pear VC, Teambuilder Ventures, and Moving Capital, along with DoorDash co-founders Tony Xu and Stanley Tang, Lyft co-founder Logan Green, Opendoor co-founder Eric Wu, and Mercury co-founder Immad Akhund, and several others.

This funding round enables Honey Homes to further innovate its service and technology offerings, accelerate member growth, and expand into new markets. And since launching in 2021, Honey Homes has grown to cover suburbs across the San Francisco Bay Area and recently expanded to Dallas – which is the company’s first market outside of California. More than 500 homeowners have already chosen joy over stress by joining Honey Homes.

The company gives busy homeowners a simple, stress-free way to turn their homes into a sanctuary of comfort and joy. And members are matched with a dedicated handyperson, who is a full-time Honey Homes employee, to ensure home to-dos – from hanging artwork to replacing a faucet – are accomplished with ease. Through monthly in-person visits, handypeople have become familiar with their members’ homes and lifestyles to efficiently complete tasks and provide trusted guidance. And members also have access to unlimited support from Honey Homes’ expert team through its mobile app, a convenient and centralized hub where appointments can be booked and new tasks added and discussed.

Launched by Vishwas Prabhakara in response to the difficulty he experienced first-hand in finding trustworthy vendors and managing home projects through to completion, Honey Homes brings turnkey reliability to a traditionally uncertain process.

Honey Homes’ commitment to enhancing and streamlining the experience for handypeople has resulted in a growing team recruited from among the best in the industry. And by emphasizing dedicated, ongoing support for a set group of members, Honey Homes enables handypeople to build trusted relationships, gain deep familiarity with homes, and proactively take action. In contrast to the employment model common in-home services, every Honey Homes handyperson is a full-time employee with guaranteed hours and receives comprehensive health benefits, paid time off, and parental leave. And this stability is amplified by the opportunity for growth through the Honey Homes University program, which combines continuous skills-based training with mentorship and career acceleration.

As part of the Series A round, Evan Moore, a partner at Khosla Ventures joined Honey Homes’ Board of Directors.

KEY QUOTES:

“Homeowners often tell us they feel powerless when it comes to home improvement and maintenance. We give them a trusted partner to care for their home so they can focus their time and energy on enjoying it with family and friends. The response from our members has been delight and a universal sigh of relief. We can’t wait to introduce the joy of Honey Homes to more homeowners nationwide.”

“Our handypeople are central to the magic Honey Homes provides for members. We invest in each individual’s long-term success and empower them to deliver a truly delightful experience for members.”

— Vishwas Prabhakara, CEO and co-founder of Honey Homes

“Honey Homes is a new, customer-centric model for home services which offers unparalleled value. We’re thrilled to partner with Honey Homes’ world class team and help them expand into new markets with this latest round of funding.”

— Evan Moore

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