About Jiffy
Jiffy is a company based in Toronto (Canada) founded in 2015 was acquired by Intact Ventures in November 2024. It operates as a On-Demand Services. Jiffy has raised $4.5 million across 3 funding rounds from investors including Intact Ventures, Hedgewood and Golden Ventures. The company has 39 employees as of December 31, 2024. Jiffy offers products and services including Home Maintenance Services. Jiffy operates in a competitive market with competitors including Setter, ProAssistance, Real Estream, Harmonic Electrical and Nurture My Home, among others.
- Headquarter Toronto, Canada
- Employees 39 as on 31 Dec, 2024
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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
$4.5 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Seed
Feb 27, 2018
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Investors
Intact Ventures
& 7 more
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Employee Count
39
as on Dec 31, 2024
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Acquired by
Intact Ventures
(Nov 14, 2024)
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Products & Services of Jiffy
Jiffy offers a comprehensive portfolio of products and services, including Home Maintenance Services. 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.
Home maintenance services are provided on demand efficiently.
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Funding Insights of Jiffy
Jiffy has successfully raised a total of $4.5M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in February 2018. 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 3
- Last Round Seed — $3.0M
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First Round
First Round
(07 Oct 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Seed - Jiffy | Valuation | Golden Ventures | |
| Aug, 2016 | Amount | Seed - Jiffy | Valuation | Hedgewood | |
| Oct, 2015 | Amount | Angel Round - Jiffy | Valuation | Jordan Banks |
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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 Jiffy
Jiffy has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Intact Ventures, Hedgewood and Golden Ventures. 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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Investments in venture capital, private equity, and real estate are conducted by Hedgewood using its own capital.
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Founded Year | Domain | Location | |
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Seed-stage investments are directed toward North American startups.
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Founded Year | Domain | Location | |
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Early-stage technology companies are funded by this venture capital firm.
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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 Jiffy
| 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 - Jiffy
| 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 |
Jiffy Comparisons
Competitors of Jiffy
Jiffy 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 Setter, ProAssistance, Real Estream, Harmonic Electrical and Nurture My Home, 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 maintenance services are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Operates an online marketplace for home maintenance services.
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| domain | founded_year | HQ Location |
Platform for booking vetted professionals for real estate and home services.
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| domain | founded_year | HQ Location |
Connects customers with reliable electricians and electrical service providers.
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| domain | founded_year | HQ Location |
Operates an online marketplace for booking home maintenance 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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Latest news on Jiffy
Frequently Asked Questions about Jiffy
When was Jiffy founded?
Jiffy was founded in 2015.
Where is Jiffy located?
Jiffy is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Jiffy a funded company?
Jiffy is a funded company, having raised a total of $4.5M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $500K, raised on Oct 07, 2015.
How many employees does Jiffy have?
As of Dec 31, 2024, the latest employee count at Jiffy is 39.
What does Jiffy do?
Home maintenance solutions are provided by Jiffy through an on-demand platform. Services are focused on addressing consumer needs in the home services sector. Various maintenance tasks are handled efficiently for residential clients.
Who are the top competitors of Jiffy?
Jiffy's top competitors include Setter, ProAssistance and Real Estream.
What products or services does Jiffy offer?
Jiffy offers Home Maintenance Services.
Who are Jiffy's investors?
Jiffy has 8 investors. Key investors include Intact Ventures, Hedgewood, Golden Ventures, Two Small Fish Ventures, and Bryan Kerdman.
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