About Frontdoor
Frontdoor is a company based in Memphis (United States) founded in 1971.. The company has 2,120 employees as of December 31, 2024. Frontdoor has completed 2 acquisitions, including 2-10 HBW and Streem. Frontdoor offers products and services including American Home Shield, Frontdoor Pro, HSA, Landmark, and OneGuard. Frontdoor operates in a competitive market with competitors including TaskRabbit, Zaarly, HomeAdvisor, Keepe and Service.com, among others.
- Headquarter Memphis, United States
- Employees 2120 as on 31 Dec, 2024
- Stage Public
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Frontdoor, Inc.
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Annual Revenue
$1.84 B3.54as on Dec 31, 2024
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Net Profit
$235 M37.43as on Dec 31, 2024
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EBITDA
$408 M34.21as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
2120
as on Dec 31, 2024
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Investments & Acquisitions
2-10 HBW
& 1 more
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IPO & Listings of Frontdoor
Frontdoor is a publicly listed company on the NASDAQ with ticker symbol FTDR in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Frontdoor
Frontdoor offers a comprehensive portfolio of products and services, including American Home Shield, Frontdoor Pro, HSA, Landmark, and OneGuard. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides plans for home repairs and maintenance services.
Offers quick home repair solutions via platform.
Delivers home service agreements for protection.
Manages home warranty and repair programs.
Supplies home warranty coverage for appliances.
Facilitates virtual home service consultations.
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Software Development Team
94 people
Sales and Marketing
33 people
Leadership Team
30 people
Human Resources and Administration
11 people
Creative and Marketing Team
11 people
Senior Team
9 people
Product Management Team
9 people
Finance and Accounting
8 people
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Funding Insights of Frontdoor
| 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 |
Investments & Acquisitions by Frontdoor
Frontdoor has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include 2-10 HBW and Streem. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Home maintenance services are offered through innovative technology by Streem.
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2017 | ||||
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Warranty plans for new homes
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1980 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Frontdoor
| 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 |
Frontdoor Comparisons
Competitors of Frontdoor
Frontdoor 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 TaskRabbit, Zaarly, HomeAdvisor, Keepe and Service.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 |
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| domain | founded_year | HQ Location |
Online platform that connects users with local independent taskers
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| domain | founded_year | HQ Location |
Local home services are connected through an online marketplace.
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| domain | founded_year | HQ Location |
Marketplace for home improvement professionals
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| domain | founded_year | HQ Location |
Home repair services are booked on-demand via mobile app.
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| domain | founded_year | HQ Location |
Marketplace for home service professionals
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Frontdoor
Frequently Asked Questions about Frontdoor
When was Frontdoor founded?
Frontdoor was founded in 1971.
Where is Frontdoor located?
Frontdoor is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
How many employees does Frontdoor have?
As of Dec 31, 2024, the latest employee count at Frontdoor is 2,120.
What is the annual revenue of Frontdoor?
Annual revenue of Frontdoor is $1.84B as on Dec 31, 2024.
What does Frontdoor do?
Frontdoor was founded in 1971 in Memphis, United States, and operates as an online marketplace in the home services sector. Users are enabled to register on the platform and post job requirements, connecting them with service providers. Professionals are dispatched to the users location to deliver repair and maintenance services for home appliances. The model supports efficient matching between customers and verified technicians across relevant geographies.
Who are the top competitors of Frontdoor?
Frontdoor's top competitors include TaskRabbit, Zaarly and HomeAdvisor.
What products or services does Frontdoor offer?
Frontdoor offers American Home Shield, Frontdoor Pro, HSA, Landmark, and 2 more products and services.
Is Frontdoor publicly traded?
Yes, Frontdoor is publicly traded on NASDAQ under the ticker symbol FTDR.
How many acquisitions has Frontdoor made?
What is Frontdoor's ticker symbol?
The ticker symbol of Frontdoor is FTDR on NASDAQ.