About Neighborly
Neighborly is a company based in Kansas City (United States) founded in 2011 was acquired by KKR in July 2021. It operates as a Franchise / Licensing, and On-Demand Services. Neighborly has raised $30.55 million across 5 funding rounds from investors including KKR, Leland Stanford Junior University and 8VC. Neighborly has completed 2 acquisitions, including Junk King and ShelfGenie. Neighborly offers products and services including Home Services, Cleaning Services, and Auto Glass Repair.
- Headquarter Kansas City, United States
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Sectors
Government & Social Sector
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Neighborly Assetco Llc
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Products & Services of Neighborly
Neighborly offers a comprehensive portfolio of products and services, including Home Services, Cleaning Services, and Auto Glass Repair. 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 repair and maintenance services are provided locally.
Cleaning for homes is offered on recurring basis.
Windshield and glass repair services are provided expertly.
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Software Development Team
38 people
Leadership Team
31 people
Product Management Team
15 people
Franchise Team
12 people
Sales and Marketing
10 people
Human Resources and Administration
10 people
Operations Team
7 people
Legal and Compliance
6 people
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Funding Insights of Neighborly
Neighborly has successfully raised a total of $30.55M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(18 Jun 2013)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series A - Neighborly | Valuation |
investors |
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| May, 2017 | Amount | Series A - Neighborly | Valuation | Joe Lonsdale , Laurene Powell Jobs | |
| Sep, 2015 | Amount | Seed - Neighborly | Valuation | Formation 8 , Sound Ventures |
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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 Neighborly
Neighborly has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include KKR, Leland Stanford Junior University and 8VC. 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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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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Early-stage startups are invested in by sector-agnostic VC firm.
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Founded Year | Domain | Location | |
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Investments are made in startups modernizing government operations.
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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 Neighborly
Neighborly has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Junk King and ShelfGenie. 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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Junk removal and hauling services are provided by Junk King.
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2005 | ||||
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Custom pull-out shelves are provided for homeowners by ShelfGenie.
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2000 |
| 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 - Neighborly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Neighborly Comparisons
Competitors of Neighborly
| 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 Neighborly
Frequently Asked Questions about Neighborly
When was Neighborly founded?
Neighborly was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Neighborly located?
Neighborly is headquartered in Kansas City, United States. It is registered at Kansas City, Missouri, United States.
Is Neighborly a funded company?
Neighborly is a funded company, having raised a total of $30.55M across 5 funding rounds to date. The company's 1st funding round was a Seed of $5.5M, raised on Jun 18, 2013.
What does Neighborly do?
A comprehensive platform for home services is provided by Neighborly, connecting homeowners with local professionals across various sectors. Services including home repair, maintenance, cleaning, and auto glass repair are facilitated through a network of independently owned franchises. Coverage spans residential and commercial needs in the United States and Canada. A commitment to quality is emphasized through the Neighborly Done Right Promise, ensuring jobs are completed to industry standards. Solutions are tailored to address routine fixes and larger projects, supporting homeowners with accessible and reliable assistance.
What products or services does Neighborly offer?
Neighborly offers Home Services, Cleaning Services, and Auto Glass Repair.
How many acquisitions has Neighborly made?
Neighborly has made 2 acquisitions, including Junk King, and ShelfGenie.
Who are Neighborly's investors?
Neighborly has 16 investors. Key investors include KKR, Leland Stanford Junior University, 8VC, Joe Lonsdale, and Laurene Powell Jobs.