MyHammer

Berlin, Germany Founded: 2005 • Age: 21 yrs Acquired By HomeAdvisor
Homeowners are connected with handymen through an online marketplace.
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About MyHammer

MyHammer is a company based in Berlin (Germany) founded in 2005 was acquired by HomeAdvisor in October 2016.. The company has 2 employees as of December 31, 2021. MyHammer operates in a competitive market with competitors including Yelp, PowerUs, 11880.com, Gojob and InStaff, among others.

  • Headquarter Berlin, Germany
  • Employees 2 as on 31 Dec, 2021
  • Sectors
    Technology
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Myhammer Ag
Operational Areas
Technology → Enterprise Software & Productivity Solutions → →
Business Services → Event, Translation & Local Services → →
Key Metrics
  • Annual Revenue
    $16.48 M (USD)
    17
    as on Dec 31, 2018
  • Net Profit
    $-17.84 M (USD)
    7
    as on Dec 31, 2018
  • EBITDA
  • Latest Funding Round
  • Investors
    HomeAdvisor

    & 1 more

  • Employee Count
    2

    as on Dec 31, 2021

  • Acquired by
    HomeAdvisor

    (Oct 10, 2016)

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Funding Insights of MyHammer

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2006 Amount Seed - MyHammer Valuation HV Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in MyHammer

MyHammer has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include HomeAdvisor and HV Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
HV Capital
Venture capital funding is provided to digital company founders.
Founded Year Domain Location
HomeAdvisor
Marketplace for home improvement professionals
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MyHammer

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MyHammer

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Myhammer Comparisons

Employees
+
Add Comparison
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Competitors of MyHammer

MyHammer 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 Yelp, PowerUs, 11880.com, Gojob and InStaff, 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
Yelp
domain founded_year HQ Location
Platform for discovering and sharing local businesses
PowerUs
domain founded_year HQ Location
Online jobs portal for blue-collar workers
11880.com
domain founded_year HQ Location
Local services are listed online for user searches and contacts.
Gojob
domain founded_year HQ Location
Online job board platform for blue collar jobs
InStaff
domain founded_year HQ Location
Online Plattform for temporary Jobs
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Myhammer

Frequently Asked Questions about MyHammer

When was MyHammer founded?

MyHammer was founded in 2005 and raised its 1st funding round 1 year after it was founded.

Where is MyHammer located?

MyHammer is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

How many employees does MyHammer have?

As of Dec 31, 2021, the latest employee count at MyHammer is 2.

What is the annual revenue of MyHammer?

Annual revenue of MyHammer is $16.48M as on Dec 31, 2018.

What does MyHammer do?

MyHammer was established in 2005 in Berlin, Germany, as an online platform in the home services sector. Job postings are created by homeowners at no cost, allowing tradesmen to respond based on specific needs. Professionals are evaluated through user reviews to aid selection. A fee is applied to craftsmen for each secured job, supporting the platforms operations across Germany.

Who are the top competitors of MyHammer?

MyHammer's top competitors include Yelp, 11880.com and Gojob.

Who are MyHammer's investors?

MyHammer has 2 investors. Key investors include HomeAdvisor, and HV Capital.

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