About Remodelmate
Remodelmate is a company founded in 2015.. Remodelmate has raised $525 thousand across 1 funding round from investors including TEDCO, Coventure and MIT Alumni Angels of DC. Remodelmate offers products and services including Remodeling Platform, Kitchen Remodeling Service, Bathroom Remodeling Service, and Painting Services. Remodelmate operates in a competitive market with competitors including Block Renovation, Made Renovation, Tundraland, Bathroom Buddy Remodeling and Carefree Home Pros, among others.
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Sectors
Business ServicesReal Estate & Construction Consumer
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Email
***********
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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
$525 K (USD)
in 1 rounds
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Latest Funding Round
$525 K (USD), Seed
Apr 16, 2019
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Investors
TEDCO
& 3 more
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Employee Count
Employee Count
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Products & Services of Remodelmate
Remodelmate offers a comprehensive portfolio of products and services, including Remodeling Platform, Kitchen Remodeling Service, Bathroom Remodeling Service, and Painting 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.
Connects users with contractors for home renovation needs
Provides contractors for kitchen upgrades and designs
Offers experts for bathroom renovations and fixtures
Delivers professional painting for home interiors and exteriors
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Funding Insights of Remodelmate
Remodelmate has successfully raised a total of $525K through 1 strategic funding round. The most recent funding activity was a Seed round of $525 thousand completed in April 2019. 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 Seed — $525,000
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First Round
First Round
(16 Apr 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2019 | Amount | Seed - Remodelmate | Valuation | Coventure |
| 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 Remodelmate
Remodelmate has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include TEDCO, Coventure and MIT Alumni Angels of DC. 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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Early-stage tech investments in the US are targeted by Coventure.
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Founded Year | Domain | Location | |
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A network of MIT alumni investors in Washington DC is operated.
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Founded Year | Domain | Location | |
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Micro VC investments are directed toward US student-led startups.
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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 Remodelmate
| 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 - Remodelmate
| 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 |
Remodelmate Comparisons
Competitors of Remodelmate
Remodelmate 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 Block Renovation, Made Renovation, Tundraland, Bathroom Buddy Remodeling and Carefree Home Pros, 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 |
Renovation services for bathrooms and kitchens are provided.
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| domain | founded_year | HQ Location |
Complete renovation services for homeowners are offered.
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| domain | founded_year | HQ Location |
Renovation services for bathrooms, sunrooms, decks, and closets are offered.
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| domain | founded_year | HQ Location |
Bathroom remodeling services are offered with installations and accessories.
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| domain | founded_year | HQ Location |
Family-owned and operated home improvement company specializing in bathroom remodeling and window replacement
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| 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 Remodelmate
Frequently Asked Questions about Remodelmate
When was Remodelmate founded?
Remodelmate was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Is Remodelmate a funded company?
Remodelmate is a funded company, having raised a total of $525K across 1 funding round to date. The company's 1st funding round was a Seed of $525K, raised on Apr 16, 2019.
What does Remodelmate do?
Remodelmate was established in 2015 as an online marketplace within the home renovation sector. Project details are submitted by users after registration on the platform. Quotes for costs and materials are estimated automatically. Contractors are selected to perform on-site services. Material choices are facilitated, and project workflows are managed through the system.
Who are the top competitors of Remodelmate?
Remodelmate's top competitors include Block Renovation, Made Renovation and Tundraland.
What products or services does Remodelmate offer?
Remodelmate offers Remodeling Platform, Kitchen Remodeling Service, Bathroom Remodeling Service, and Painting Services.
Who are Remodelmate's investors?
Remodelmate has 4 investors. Key investors include TEDCO, Coventure, MIT Alumni Angels of DC, and Dorm Room Fund.