About Errund
Errund is a company based in Cambridge (United States) founded in 2010.. Errund has raised $175 thousand across 2 funding rounds from investors including Gener8tor. Errund operates in a competitive market with competitors including Properly, Turno, Cleanster.com, Exec and Tidy.com, among others.
- Headquarter Cambridge, United States
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Sectors
Business Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$175 K (USD)
in 2 rounds
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Latest Funding Round
$100 K (USD), Seed
May 15, 2017
- Investors
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Employee Count
Employee Count
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Funding Insights of Errund
Errund has successfully raised a total of $175K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in May 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $100,000
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First Round
First Round
(01 Feb 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Seed - Errund | Valuation | Gener8tor |
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| Feb, 2012 | Amount | Seed - Errund | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Errund
Errund has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gener8tor. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated via a 12-week program with funding support.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Errund
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Errund
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Errund Comparisons
Competitors of Errund
Errund operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Properly, Turno, Cleanster.com, Exec and Tidy.com, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software and services for vacation rental management are provided.
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| domain | founded_year | HQ Location |
Provider of SaaS-based rental management solutions for vacation rentals
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| domain | founded_year | HQ Location |
An app-based platform for booking cleaning services is provided.
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| domain | founded_year | HQ Location |
Online marketplace for booking house cleaning services is operated.
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| domain | founded_year | HQ Location |
Marketplace for homekeepers
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| domain | founded_year | HQ Location |
Digital marketplace for booking residential cleaning services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Errund
When was Errund founded?
Errund was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Errund located?
Errund is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Errund a funded company?
Errund is a funded company, having raised a total of $175K across 2 funding rounds to date. The company's 1st funding round was a Seed of $75K, raised on Feb 01, 2012.
What does Errund do?
Errund was founded in 2010 in Cambridge, United States, as an online marketplace in the home services sector. Homeowners are linked with background-checked professionals for cleaning and related home services. Operations center on facilitating these connections, with pricing beginning at 25 per hour. The model has been adjusted from broader services to home-specific offerings only.
Who are the top competitors of Errund?
Errund's top competitors include Turno, Properly and Cleanster.com.
Who are Errund's investors?
Errund has 1 investor. Key investors include Gener8tor.