About Homergize
Homergize is a Business Services company based in Bengaluru (India) founded in 2015. It operates as an an online marketplace for home improvement services is provided. It operates in the Business Services, Real Estate & Construction, and Consumer sectors. Homergize has raised $1.58 million across 3 funding rounds from investors including Chandrasekhar Gopalan, Sudhir R Atreya and Santoshkumar Vasudevan. Homergize was last valued at $2.33 million in April 2016. Its Indian entity Homergize Technologies Private Limited reported revenue of ₹7 Lakh. Its focus areas include Retail, Home Improvements, Services and Horizontal. Its competitors include Kolo App, Garden of Joy, PaperToStone, BathStory and Intruo and 1 more; 4 of its 6 listed competitors have raised funding.
Company details
Homergize was founded in 2015 in Bengaluru, India. An online marketplace is operated in the home improvement sector, where users are connected with professionals including contractors, architects, landscape architects, and interior designers. Procurement of supplies such as building materials, furnishings, fittings, tools, and machinery is facilitated. Access is available through a mobile application on Android and iOS devices.
- Headquarters Bengaluru, India
- Stage Minicorn
- SectorsBusiness ServicesReal Estate & Construction Consumer
- Email••••••••
- Phone•••• ••••
- Website homergize.com
- Social LinkedIn X Facebook
- Legal Name Homergize Technologies Private Limited
- Date of Incorporation 13 Nov, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹7 Lakh
FY 2021 · -73% YoY
- Net Loss-₹6 Lakh
FY 2021 · -86% margin
- EBITDA-₹6 Lakh
FY 2021 · -86% margin
- Total Equity Funding$1.58M (USD)
in 3 rounds
- Latest Funding Round$1M (USD), Seed
Sep 2017
Associated legal entities of Homergize
Homergize operates through Homergize Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Homergize Technologies Private Limited CIN U72200KA2015FTC084075 | Active | 13 Nov 2015 | Bangalore, Karnataka | ₹0.1 Cr | – | 2 | View details |
Funding Insights of Homergize
Homergize has successfully raised a total of $1.58M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in September 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 $1.58M
- Total Rounds 3
- Last Round Seed — $1M
- First Round $72,605
(Feb 2016)
- Investors Count 6
All 3 funding rounds of Homergize with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2017 | $1M | Seed | – | Chandrasekhar Gopalan | – |
| Apr 2016 | $511,584 | Angel Round | $2.33M | Sudhir R Atreya | |
| Feb 2016 | $72,605 | Angel Round | $1.46M | Sanjay Wadhwa, Sanjay Wadhwa |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2016 | $2.33M | •••••••• |
| Feb 2016 | $1.46M | •••••••• |
Last known valuation $2.33M (Apr 2016). 6 investors in total: 0 institutional and 6 angel.
Investors in Homergize
Homergize has secured backing from 6 investors, including angel investors. Prominent investors backing the company include Chandrasekhar Gopalan, Sudhir R Atreya and Santoshkumar Vasudevan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
CG Chandrasekhar Gopalan | - | – | unknown_c0de081e2ce540979 | - |
SR Sudhir R Atreya | - | – | unknown_243b83469e3145ca9 | - |
SV Santoshkumar Vasudevan | - | – | unknown_de26d87535a34dd98 | - |
SW Sandeep Wadhwa | - | – | unknown_b9044550ef3c4064a | - |
SW Sanjay Wadhwa | - | – | unknown_adae33000b8447a9a | - |
SW Sanjay Wadhwa | - | – | unknown_40a35d6b7ae1411fa | - |
Investor details for Homergize
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Board of directors of Homergize Technologies Private Limited (Homergize)
Homergize Technologies Private Limited is the primary company behind Homergize. The board of Homergize Technologies Private Limited currently have 2 directors; the longest-serving is Kusum Gupta, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kusum Gupta DIN 08309934 | Director | 21 Oct 2020 | 5 yrs 11 mo | Homergize Technologies Private Limited |
| Mohan Lal Gupta DIN 08309945 | Director | 21 Oct 2020 | 5 yrs 11 mo | Homergize Technologies Private Limited |
People of Homergize
1 people are tracked at Homergize (1 in leadership).
| Name | Role | Group |
|---|---|---|
| – | Leadership |
Complete people profiles for Homergize
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Financials of Homergize
Figures of Homergize Technologies Private Limited, the primary company behind Homergize, for FY 2021. Revenue was ₹7 Lakh (-73% year on year). Net loss was -₹6 Lakh (-86% margin). EBITDA was -₹6 Lakh (-86% margin). Revenue has grown at a compounded annual rate of -38% over three years.
- ₹7 LakhRevenue · FY 2021 · -73% YoY
- -₹6 LakhNet loss · -86% margin
- -₹6 LakhEBITDA · -86% margin
- ₹14.1 LakhPaid-up capital
- -38%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Homergize Technologies Private Limited are on its company page.
Detailed financial statements for Homergize
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Homergize
4 dated milestones of Homergize across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Homergize is founded.
- Funding First funding round of $73K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.0M.
Competitors of Homergize
Homergize has 6 listed competitors in our database, 4 of them funded. They include Kolo App, Garden of Joy, PaperToStone, BathStory and Intruo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| koloapp.in | 2020 | Ernakulam, India | $4.55M | – | Home improvement services are booked via an app-based marketplace. | |
| gardenofjoy.in | 2022 | Bengaluru, India | $100,760 | – | Landscaping and roofing contractor services are offered in Bengaluru. | |
| papertostone.com | 2015 | Bengaluru, India | $1.21M | 12 | Online marketplace for architects, designers and contractors | |
| bathstory.in | 2021 | Bengaluru, India | $100,000 | 25 | Provider of bathroom renovation services | |
| intruo.com | 2014 | Bengaluru, India | – | – | Operates an online marketplace for booking interior designers and carpenters. | |
| zenterior.in | 2015 | Chennai, India | – | – | Operates an online portal for booking home improvement services. |
Detailed competitors of Homergize
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Top companies in Local & Community Services
10 companies that operate in the same segment as Homergize (Local & Community Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 2,111 | |
App-based pet sitting marketplace | 2011 | Olympia, Washington, United States | USD 409.19 M | – | – | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | – | 969 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | – | 1,807 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | – | 923 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Operates and franchises fitness clubs | 2002 | – | USD 4.49 M | – | 340 | |
Online marketplace that provides home repair & maintenance services | 2012 | New York, New York, United States | USD 112.67 M | – | – |
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Related news about Homergize
Complete news archive for Homergize
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Frequently Asked Questions about Homergize
Homergize was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Homergize is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Homergize is a funded company, having raised a total of $1.58M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $72.61K, raised on Feb 2016.
The primary company behind Homergize, Homergize Technologies Private Limited, reported revenue of ₹7 Lakh for FY 2021, down 73% year on year.
Homergize was founded in 2015 in Bengaluru, India. An online marketplace is operated in the home improvement sector, where users are connected with professionals including contractors, architects, landscape architects, and interior designers. Procurement of supplies such as building materials, furnishings, fittings, tools, and machinery is facilitated. Access is available through a mobile application on Android and iOS devices.
Homergize's top competitors include Kolo App, PaperToStone and BathStory.
Homergize has 6 investors. Key investors include Chandrasekhar Gopalan, Sudhir R Atreya, Santoshkumar Vasudevan, Sandeep Wadhwa, and Sanjay Wadhwa.
The valuation of Homergize is $2.33M as of Apr 2016.
Homergize operates through Homergize Technologies Private Limited.
The legal entities of Homergize currently have 2 directors, including Kusum Gupta, Mohan Lal Gupta.