Happy Home Company raises $3.5 million in seed funding

By | December 24, 2015

The Happy Home Company, a home maintenance and repair startup has announced it raising $3.5 million in seed funding round for seed investors that include David Tisch, Box Group, Dave Morin of Slow Ventures, Josh Felser of Freestyle Capital, Aaron Levie of Box and many more.

Happy Home Company

Found some months ago, The Happy Home Company works with the team of 19 employees and offers home manager services to its customers. These home managers identify the issues, screen service providers for a particular area from the company’s list and call up the right person to fix it. The company offers free consultation services to its customers. It was working on a monthly subscription model but now changed into business model and charges only a transactional fee. Most of the communication to the customers happen through app only as the app does not interest most of the customers.

With the fresh funds, the Happy Home Company’s CEO Doug Ludlow plans to use to expand and improve the company’s services. It plans to expand to Bay Area and other places in USA.

Though many home maintenance startups like HomeJoy, Purch have failed to stand stable in the markets, Happy Home Company has managed to grow over time. Till date, it has secured 1000 customers in one year and a 1000 more in only last 38 days. The company has also started taking much bigger projects and its largest project so far is worth of $36,000. The company claims that this is possible only with the right business model.