About ServisHero
ServisHero is a company based in Petaling Jaya (Malaysia) founded in 2015. It operates as a Two-Sided Marketplace, and On-Demand Services. ServisHero has raised $3.45 million across 2 funding rounds from investors including YTL, Golden Gate Ventures and CSV. ServisHero offers products and services including Home Cleaning, AirCond Servicing, Plumbing Repair, Electrical Repair, and COVID-19 Disinfection. ServisHero operates in a competitive market with competitors including Recommend, Startasker, GigaGigs, Duty Bees and Tera Tasker, among others.
- Headquarter Petaling Jaya, Malaysia
-
Sectors
Business Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Business Pixel Sdn Bhd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3.45 M (USD)
in 2 rounds
-
Latest Funding Round
$2.7 M (USD), Seed
Mar 20, 2016
-
Investors
YTL
& 3 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ServisHero
ServisHero offers a comprehensive portfolio of products and services, including Home Cleaning, AirCond Servicing, Plumbing Repair, Electrical Repair, and COVID-19 Disinfection. 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.
Cleaning services for homes are provided by professionals.
Air conditioning maintenance is offered by skilled technicians.
Plumbing issues are resolved by experienced service providers.
Electrical repairs are handled by qualified local experts.
Disinfection services for COVID-19 are provided as needed.
Unlock access to complete
Unlock access to complete
Funding Insights of ServisHero
ServisHero has successfully raised a total of $3.45M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.7 million completed in March 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 Funding
- Total Rounds 2
- Last Round Seed — $2.7M
-
First Round
First Round
(08 Jun 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Seed - ServisHero | Valuation | Golden Gate Ventures | |
| Jun, 2015 | Amount | Seed - ServisHero | Valuation | YTL , Lelong |
|
| 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 ServisHero
ServisHero has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include YTL, Golden Gate Ventures and CSV. 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 |
|---|---|---|---|---|
|
Venture capital firm investing in Southeast Asian startups
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Diversified conglomerate operating across multiple industries
|
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 ServisHero
| 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 |
Financial Statements - ServisHero
| 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 |
Servishero Comparisons
Competitors of ServisHero
ServisHero 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 Recommend, Startasker, GigaGigs, Duty Bees and Tera Tasker, 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 lead generation platform for local services
|
|
| domain | founded_year | HQ Location |
An online platform that connects users with local service professionals for easy hiring.
|
|
| domain | founded_year | HQ Location |
App for earning extra cash through micro tasks like surveys and product trials.
|
|
| domain | founded_year | HQ Location |
Offers crowdsourced local services to connect users with providers.
|
|
| domain | founded_year | HQ Location |
Operates an online platform for generating leads for various 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 Servishero
Frequently Asked Questions about ServisHero
When was ServisHero founded?
ServisHero was founded in 2015.
Where is ServisHero located?
ServisHero is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
Is ServisHero a funded company?
ServisHero is a funded company, having raised a total of $3.45M across 2 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Jun 08, 2015.
What does ServisHero do?
ServisHero is established as a prominent mobile application in Southeast Asia for connecting users with local service professionals, referred to as Heroes. Services offered include home cleaning, air conditioning servicing, plumbing, electrical repairs, and specialized COVID-19 disinfection. The platform operates in Malaysia, Thailand, and Singapore, focusing on providing reliable and vetted service providers for home and office needs. Solutions are designed to facilitate instant booking and cashless payment options through a user-friendly app interface.
Who are the top competitors of ServisHero?
ServisHero's top competitors include Recommend, Startasker and GigaGigs.
What products or services does ServisHero offer?
ServisHero offers Home Cleaning, AirCond Servicing, Plumbing Repair, Electrical Repair, and COVID-19 Disinfection.
Who are ServisHero's investors?
ServisHero has 4 investors. Key investors include YTL, Golden Gate Ventures, CSV, and Lelong.my.