Oneflare

Sydney, Australia Founded: 2012 • Age: 14 yrs Acquired By Airtasker
Lead generation platform for local service provider
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About Oneflare

Oneflare is a company based in Sydney (Australia) founded in 2012 was acquired by Airtasker in May 2022.. Oneflare has raised $18.6 million across 4 funding rounds from investors including Airtasker, Domain Group and Microequities. Oneflare has completed 4 acquisitions, including TidyMe, UrbanYou and Word Of Mouth Online. Oneflare offers products and services including Oneflare Platform. Oneflare operates in a competitive market with competitors including Airtasker, hipages, HIREtrades, Serv-i and TradeSearch, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Event, Translation & Local Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $18.6 M (USD)

    in 4 rounds

  • Latest Funding Round
    $15 M (USD), Series B

    May 06, 2016

  • Investors
    Airtasker

    & 7 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    TidyMe

    & 3 more

  • Acquired by
    Airtasker

    (May 04, 2022)

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Products & Services of Oneflare

Oneflare offers a comprehensive portfolio of products and services, including Oneflare Platform. 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.

Primary

Platform for requesting quotes and connecting with service providers

Funding Insights of Oneflare

Oneflare has successfully raised a total of $18.6M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in May 2016. 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 Rounds 4
  • Last Round Series B — $15.0M
  • First Round

    (19 Jun 2013)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2016 Amount Series B - Oneflare Valuation Domain Group
Jul, 2015 Amount Series A - Oneflare Valuation Microequities
Oct, 2014 Amount Seed - Oneflare Valuation Les Szekely
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Oneflare

Oneflare has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Airtasker, Domain Group and Microequities. 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
Angel
Investor Description Founded Year Domain Location
Tech focused VC firm investing in Australia
Founded Year Domain Location
Early-stage venture capital investments are provided by EVP.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Oneflare

Oneflare has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include TidyMe, UrbanYou and Word Of Mouth Online. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online marketplace for home cleaning services
2014
Marketplace for home cleaning services
2013
Local businesses are reviewed and discovered by users online.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Oneflare

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Oneflare Comparisons

Employees
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Competitors of Oneflare

Oneflare 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 Airtasker, hipages, HIREtrades, Serv-i and TradeSearch, 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
Local service professionals are hired via an online task platform.
domain founded_year HQ Location
An online lead generation platform for multi-home services
domain founded_year HQ Location
Online platform connecting users with tradespeople for home improvements and freelance services.
domain founded_year HQ Location
Functions as an app-based platform for lead generation tailored to local businesses.
domain founded_year HQ Location
Functions as an online lead generation platform for local services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Oneflare

Frequently Asked Questions about Oneflare

When was Oneflare founded?

Oneflare was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Oneflare located?

Oneflare is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

Is Oneflare a funded company?

Oneflare is a funded company, having raised a total of $18.6M across 4 funding rounds to date. The company's 1st funding round was a Seed of $878K, raised on Jun 19, 2013.

What does Oneflare do?

Oneflare is an online platform that connects customers with home-care service providers through a simple tendering platform. Customers request a home service online, receive multiple prices quotes from interested businesses and hire the best based on price, qualifications and customer feedback. Charges business on pay-per-quote or monthly subscription basis, no percentage commission. More than 45k local businesses use the platform and has booked over 50 million worth of job requests across Australia. Bought Renovate Forum, Australias largest online renovation community with over 40k members, Jul 2014.

Who are the top competitors of Oneflare?

Oneflare's top competitors include Airtasker, hipages and HIREtrades.

What products or services does Oneflare offer?

Oneflare offers Oneflare Platform.

How many acquisitions has Oneflare made?

Oneflare has made 4 acquisitions, including TidyMe, UrbanYou, and Word Of Mouth Online.

Who are Oneflare's investors?

Oneflare has 8 investors. Key investors include Airtasker, Domain Group, Microequities, Right Click Capital, and Les Szekely.

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