California-based general appointment booking service startup MyTime raised $9.25 million funding is a round led by the prevailing investor, Upfront Ventures along with few other participating investors including Khosla Ventures, Daher Capital, Accelerator Ventures and Westfield Corporation. Also the company is announcing a deeper push into back-office software, a move that Anderson did not want at the company’s launch.
Uber lets one book and pay for cabs through an app, similarly MyTime brings the same smooth scheduling and payment technology to all local service merchants, as a means to help those service providers who cannot build their own app.
MyTime app is available for Android, iOS devices and also online. The scope of the app covers vendors from automotive industry, health and beauty, home and garden, medical and dental, sports and fitness, lessons and pets. Under the medical and dental category, users can book appointments for dental exam and cleaning, acupuncture, chiropractic treatment, eye exams etc.,
MyTime’s CEO and founded Ethan Anderson says, “America’s small business are falling massively behind when it comes to finding, booking and paying for services online, even more so when it comes to mobile.” “This new funding allows us to expand our focus from being the most popular consumer destination for finding and booking appointments online to providing our merchants with the tools they need to enable online booking and communication with their clients 24/7,” adds Ethan.
The company plans to use its new funding to expand and widen its operations and sales and move deeper into merchant services with the launch of the new MyTime SchedulerTM, a state-of-the-art online appointment calendar, client relationship manager and instant messenger product geared at small service businesses.
“Mytime lets people make appointments n the go without interrupting their lives,” said Keith Rabois, partner at Khosla Ventures. “Now with the launch of MyTime Scheduler, small business owners will be able to reach their customers just as efficiently.” After hours of research and work with the local businesses, MyTime Scheduler was formed with unique features like the ability to set custom prices for each client and a real-time chat feature that permits small business owners to connect and share photos with their clients in real-time. Also, MyTime will continue providing a full suite of retention tools including verified ratings and reviews, automated appointment reminders and prompts to book follow-on appointments.
The company has nearly 1 million people per month using their service of more 2 million businesses listed in the app. In exchange for optional help to get service providers discovered, the startup charges 37% commission on new customers it bring to the vendors.
With many other companies starting to have an eye for the commerce logistics business, MyTime wants to boost growth. That is why it raised $9.25 million led by Mark Suster with Upfront Ventures and Keith Rabois with Khosla Ventures. Daher capital and shopping mall operator Westfield also joined the round that brings MyTime to $12.25 million in funding.