About Service.com
Service.com is a company based in Palo Alto (United States) founded in 2012.. Service.com has raised $5.5 million across 2 funding rounds from investors including Samsung, Moneris and Fontinalis Partners. The company has 34 employees as of December 31, 2022. Service.com operates in a competitive market with competitors including TaskRabbit, Zaarly, HomeAdvisor, Keepe and Frontdoor, among others.
- Headquarter Palo Alto, United States
- Employees 34 as on 31 Dec, 2022
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Locqus Llc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.5 M (USD)
in 2 rounds
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Latest Funding Round
$3.5 M (USD), Series A
Dec 09, 2015
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Investors
Samsung
& 2 more
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Employee Count
34
as on Dec 31, 2022
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Funding Insights of Service.com
Service.com has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in December 2015. 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 2
- Last Round Series A — $3.5M
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First Round
First Round
(02 Oct 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Series A - Service.com | Valuation |
investors |
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| Oct, 2014 | Amount | Seed - Service.com | Valuation |
investors |
| 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 Service.com
Service.com has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Samsung, Moneris and Fontinalis Partners. 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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Tech focused Stage-Agnostic VC Firm investing in the US
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Founded Year | Domain | Location | |
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POS solutions are provided for retail businesses by Moneris.
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Founded Year | Domain | Location | |
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Multi-category electronic products are manufactured globally by the company.
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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 Service.com
| 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 - Service.com
| 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 |
Service.Com Comparisons
Competitors of Service.com
Service.com 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 TaskRabbit, Zaarly, HomeAdvisor, Keepe and Frontdoor, 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 platform that connects users with local independent taskers
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| domain | founded_year | HQ Location |
Local home services are connected through an online marketplace.
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| domain | founded_year | HQ Location |
Marketplace for home improvement professionals
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| domain | founded_year | HQ Location |
Home repair services are booked on-demand via mobile app.
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| domain | founded_year | HQ Location |
Online marketplace for home appliance repair and maintenance services
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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 Service.com
When was Service.com founded?
Service.com was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Service.com located?
Service.com is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Service.com a funded company?
Service.com is a funded company, having raised a total of $5.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Oct 02, 2014.
How many employees does Service.com have?
As of Dec 31, 2022, the latest employee count at Service.com is 34.
What does Service.com do?
Service.com is an online and mobile marketplace that allows customers to find, chat, hire and pay service professionals for home repairs and maintenance. Service professionals are screened through, background checks, financial checks, insurance and licensing. Services available on the platform include electrical, plumbing, roofingsiding, HVAC, landscaping, general contractors, handymen, and home automationsecurity. Plans to add some more categories babysitting, pet care services etc. Charges a service fee on all the transactions done through the platform.
Who are the top competitors of Service.com?
Service.com's top competitors include TaskRabbit, Zaarly and Frontdoor.
Who are Service.com's investors?
Service.com has 3 investors. Key investors include Samsung, Moneris, and Fontinalis Partners.
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