Cleaning platform Helpling receives EUR 13.5 million in funding
10 DECEMBER 2014, BERLIN, GERMANY
SummaryHelpling, the most widely-available online platform for on-demand home services, has secured EUR 13.5 million in Series A funding. The group of investors includes among others Mangrove Capital Partners, Phenomen Ventures, as well as Point Nine Capital and Lukasz Gadowski.
Berlin, December 2nd, 2014: Helpling, the most widely-available online platform for on-demand home services, has secured EUR 13.5M (US$ 17M) in Series A funding. The group of investors includes among others Mangrove Capital Partners, Phenomen Ventures, as well as Point Nine Capital and Lukasz Gadowski.
The investment follows the company’s rapid expansion throughout Europe and beyond. Helpling first started its service in Berlin on 29th of March 2014. Today, just half a year later, it is available in more than 150 cities in 8 countries across Europe and Latin America.
Benedikt Franke, Co-founder of Helpling: “The funding is an important milestone on our journey to building the leading brand for home services. We are already the most widely available cleaning platform and the investment will help us to expand our business further. We will continue to focus on creating the best experience for all of our users.”
Hans-Jürgen Schmitz, Co-founder and Managing Partner of Mangrove Capital Partners: “Helpling is built on an attractive business model and has developed a market-leading service in eight countries within the space of just eight months. The company’s scale and achievements are highly impressive. We are very excited to be part of this dynamic success story.”
Need a cleaner? No more searching and decision making
Helpling makes it easier and faster than ever before to book a professional cleaner - something that has previously often involved a lengthy journey, quests through circles of friends, browsing classifieds or contacting agencies. Users of the app or the website simply type in their address, the number of rooms and select a convenient date. A specially-designed algorithm then finds the perfect cleaner.
Philip Huffmann, Co-founder of Helpling: “Home Cleaning used to be for a relatively niche audience. Adding flexibility, convenience and security at competitive prices enables more people than ever to benefit from these services. We want to give people more free time and an ever more enjoyable experience at home.”
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Helpling is the leading online marketplace for home services outside the U.S. On the website or via app, customers can book a vetted and insured cleaner and gain back free time within a couple of clicks. For self-employed cleaners, the online service makes it easier than ever to access new clients and to manage when and where they want to work. As the first marketplace in Europe, Helpling mediates various household services from a single source, e.g. window cleaning, furniture assembly or painting work.
Helpling was founded by Benedikt Franke, Philip Huffmann and Rocket Internet in January 2014. Since then the company has raised 56.5 million Euros from investors such as Mangrove Capital Partners, Phenomen Ventures, Point Nine Capital, Lukasz Gadowski, Lakestar and Kite Ventures. Helpling is active in 9 countries in 3 continents: Australia, France, Germany, Ireland, Italy, the Netherlands, Singapore, UAE and UK.