About Handy
Handy is a company based in New York (United States) founded in 2012 was acquired by ANGI Homeservices in October 2018.. Handy has raised $112.67 million across 7 funding rounds from investors including Fidelity Investments, TPG and ANGI Homeservices. Handy has completed 3 acquisitions, including All Set, Exec and Mopp. Handy offers products and services including Home Cleaning, Furniture Assembly, TV Mounting, Move Out Cleaning, and General Handyman. Handy operates in a competitive market with competitors including Puls, Pro Referral, Sheltr, Blueberry Home and Done.com, among others.
- Headquarter New York, United States
- Stage Minicorn
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Angi, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$112.67 M (USD)
in 7 rounds
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Latest Funding Round
$50 M (USD), Series C
Nov 02, 2015
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Investors
Fidelity Investments
& 8 more
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Employee Count
Employee Count
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Investments & Acquisitions
All Set
& 2 more
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Acquired by
ANGI Homeservices
(Oct 11, 2018)
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Products & Services of Handy
Handy offers a comprehensive portfolio of products and services, including Home Cleaning, Furniture Assembly, TV Mounting, Move Out Cleaning, and General Handyman. 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.
Service for professional cleaning of residential spaces to maintain hygiene.
Assembly of furniture items by skilled professionals for home setup.
Secure installation of televisions on walls for safe viewing.
Thorough cleaning of homes during relocation for a fresh handover.
General repairs and fixes for household items and structures.
Repair and installation of plumbing fixtures like faucets and toilets.
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Sales and Marketing
143 people
Leadership Team
78 people
Software Development Team
73 people
Product Management Team
55 people
Operations Team
36 people
Senior Team
25 people
Data Analysis and Operations Team
20 people
Finance and Accounting
14 people
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Funding Insights of Handy
Handy has successfully raised a total of $112.67M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in November 2015. 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 7
- Last Round Series C — $50.0M
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First Round
First Round
(16 Oct 2012)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Series C - Handy | Valuation |
investors |
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| May, 2015 | Amount | Series B - Handy | Valuation | TPG | |
| Sep, 2014 | Amount | Series B - Handy | 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 Handy
Handy has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, TPG and ANGI Homeservices. 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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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Venture capital investment and entrepreneur support services.
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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 Handy
Handy has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include All Set, Exec and Mopp. 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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Marketplace for home maintenance services
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2016 | ||||
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Cleaning services are booked via an online marketplace platform.
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2013 | ||||
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Online marketplace for booking house cleaning services is operated.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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 - Handy
| 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 |
Handy Comparisons
Competitors of Handy
Handy 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 Puls, Pro Referral, Sheltr, Blueberry Home and Done.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 |
Electronic repairs are delivered on-demand by vetted technicians at doorsteps.
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| domain | founded_year | HQ Location |
Homeowners are matched with local home improvement providers online.
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| domain | founded_year | HQ Location |
Home maintenance services are booked via a subscription-based online platform.
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| domain | founded_year | HQ Location |
Operates a group-based marketplace for home repairs and services.
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| domain | founded_year | HQ Location |
Home and commercial services are connected via an online marketplace.
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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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Latest news on Handy
Frequently Asked Questions about Handy
When was Handy founded?
Handy was founded in 2012.
Where is Handy located?
Handy is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Handy a funded company?
Handy is a funded company, having raised a total of $112.67M across 7 funding rounds to date. The company's 1st funding round was a Series B of $1.75M, raised on Oct 16, 2012.
What does Handy do?
Handy was founded in 2012 in New York, United States, as an online marketplace in the home services sector. Professionals are connected with users for repair and maintenance tasks. Bookings are made via online payments, while profiles, ratings, messaging, and real-time locations are accessed by users. Operations focus on streamlining service discovery and coordination across the platform.
Who are the top competitors of Handy?
Handy's top competitors include Puls, Pro Referral and Sheltr.
What products or services does Handy offer?
Handy offers Home Cleaning, Furniture Assembly, TV Mounting, Move Out Cleaning, and 2 more products and services.
How many acquisitions has Handy made?
Who are Handy's investors?
Handy has 9 investors. Key investors include Fidelity Investments, TPG, ANGI Homeservices, General Catalyst, and Highland Capital Partners.
What is Handy's valuation?
The valuation of Handy is $500M as of Nov 2015.
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