About Networx
Networx is a company based in Atlanta (United States) founded in 2005. It operates as a Two-Sided Marketplace, and Commission-Based. Networx has raised $5 million across 1 funding round. The company has 103 employees as of December 31, 2024. Networx offers products and services including Contractor Matching and Lead Generation for Pros. Networx operates in a competitive market with competitors including Handy, Airtasker, Puls, Wrench Group and Lessen, among others.
- Headquarter Atlanta, United States
- Employees 103 as on 31 Dec, 2024
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Sectors
Business Services
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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 Networx Systems, 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
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
May 18, 2021
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Investors
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Employee Count
103
as on Dec 31, 2024
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Products & Services of Networx
Networx offers a comprehensive portfolio of products and services, including Contractor Matching and Lead Generation for Pros. 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.
Homeowners are connected to local home improvement professionals.
Local contractors are provided with real-time job leads.
Unlock access to complete
Funding Insights of Networx
Networx has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in May 2021. 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 1
- Last Round Series A — $5.0M
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First Round
First Round
(18 May 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series A - Networx | 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 |
Investments & Acquisitions by Networx
| 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 - Networx
| 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 |
Networx Comparisons
Competitors of Networx
Networx 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 Handy, Airtasker, Puls, Wrench Group and Lessen, 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 |
Online marketplace that provides home repair & maintenance services
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| domain | founded_year | HQ Location |
Local service professionals are hired via an online task platform.
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| domain | founded_year | HQ Location |
Electronic repairs are delivered on-demand by vetted technicians at doorsteps.
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| domain | founded_year | HQ Location |
Web application that enables tradesmen to create customized preventive maintenance programs
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| domain | founded_year | HQ Location |
Lessen was founded in 2019 in Valencia, Spain.
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| domain | founded_year | HQ Location |
AI-driven property appraisal software is provided for real estate professionals.
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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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Frequently Asked Questions about Networx
When was Networx founded?
Networx was founded in 2005 and raised its 1st funding round 16 years after it was founded.
Where is Networx located?
Networx is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is Networx a funded company?
Networx is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on May 18, 2021.
How many employees does Networx have?
As of Dec 31, 2024, the latest employee count at Networx is 103.
What does Networx do?
Networx is managed as an online platform that connects homeowners with local home improvement professionals across various categories such as carpentry, plumbing, roofing, and HVAC services. The company is focused on facilitating fast and easy contractor matching for residential projects. Solutions are provided to both homeowners seeking reliable pros and contractors looking for job leads. The platform operates primarily in the home improvement sector, ensuring accessibility and follow-up support for users.
Who are the top competitors of Networx?
Networx's top competitors include Handy, Airtasker and Wrench Group.
What products or services does Networx offer?
Networx offers Contractor Matching and Lead Generation for Pros.