About Homee
Homee is a company based in Tampa (United States) founded in 2016 by Doug Schaedler.. Homee has raised $77.37 million across 8 funding rounds from investors including State Farm, Desjardins and W. R. Berkley. The company has 72 employees as of December 31, 2022. Homee has completed 1 acquisition, including MyCAT Marketplace. Homee offers products and services including Pro Marketplace and SmartClaim AI. Homee operates in a competitive market with competitors including Bed Bath & Beyond, Wayfair, Overstock, Next Gear Solutions and Joss & Main, among others.
- Headquarter Tampa, United States
- Employees 72 as on 31 Dec, 2022
- Founders Doug Schaedler
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Sectors
Financial ServicesConsumer
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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 Homee, 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
$77.37 M (USD)
in 8 rounds
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Latest Funding Round
$12 M (USD), Series C
Oct 25, 2024
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Investors
State Farm
& 12 more
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Employee Count
72
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Homee
Homee offers a comprehensive portfolio of products and services, including Pro Marketplace and SmartClaim AI. 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.
Connects policyholders with vetted professionals for efficient repairs and claims.
Utilizes AI for accurate claim processing and personalized insurance experiences.
Unlock access to complete
Funding Insights of Homee
Homee has successfully raised a total of $77.37M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $12 million completed in October 2024. 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 8
- Last Round Series C — $12.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series C - Homee | Valuation | W. R. Berkley |
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| Sep, 2021 | Amount | Series B - Homee | Valuation | Morningside | |
| Jul, 2020 | Amount | Series B - Homee | 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 Homee
Homee has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include State Farm, Desjardins and W. R. Berkley. 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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Multiple sectors are invested in by Morningside, a VC fund.
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Founded Year | Domain | Location | |
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Early-stage investments are made in insurance technology by this firm.
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Founded Year | Domain | Location | |
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Investments are made in US tech companies by Forte Ventures.
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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 Homee
Homee has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MyCAT Marketplace. 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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Provider of catastrophic risk management solutions for insurance service providers
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| 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 - Homee
| 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 |
Homee Comparisons
Competitors of Homee
Homee 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 Bed Bath & Beyond, Wayfair, Overstock, Next Gear Solutions and Joss & Main, 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 |
Home essentials including furniture and bedding are retailed online.
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| domain | founded_year | HQ Location |
Multi-category home improvement products are sold online by Wayfair.
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Web-based job management tools are supplied to restoration contractors.
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| domain | founded_year | HQ Location |
Home improvement products are retailed online through Joss & Main.
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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 Homee
Frequently Asked Questions about Homee
When was Homee founded?
Homee was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Homee located?
Homee is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Who is the current CEO of Homee?
Doug Schaedler is the current CEO of Homee. They have also founded this company.
Is Homee a funded company?
Homee is a funded company, having raised a total of $77.37M across 8 funding rounds to date. The company's 1st funding round was a Series B of $4.57M, raised on May 18, 2017.
How many employees does Homee have?
As of Dec 31, 2022, the latest employee count at Homee is 72.
What does Homee do?
Founded in 2016 in Tampa, United States, Homee operates as an online marketplace in the home services sector. Job requests are raised by registered users, who receive quotes from verified professionals for comparison and booking. Service providers are registered online with required details. Access is enabled through a mobile app available on Android and iOS devices.
Who are the top competitors of Homee?
Homee's top competitors include Wayfair, Bed Bath & Beyond and Overstock.
What products or services does Homee offer?
Homee offers Pro Marketplace and SmartClaim AI.
How many acquisitions has Homee made?
Homee has made 1 acquisition, including MyCAT Marketplace.
Who are Homee's investors?
Homee has 13 investors. Key investors include State Farm, Desjardins, W. R. Berkley, Morningside, and Liberty Mutual Strategic Ventures.