About Skylight Tools
Skylight Tools is a Business Services company based in San Francisco (United States) founded in 2016 by Josh Levitan, Jasper Malcolmson, and Fiona Lake Waslander, and was acquired by Opendoor in September 2021. Home renovation services are matched via an online marketplace platform. It operates in the Business Services, Real Estate & Construction, and Consumer sectors. Skylight Tools has raised $3.77 million across 3 funding rounds from investors including Opendoor and Resolute Ventures. The company was acqui-hired. Its focus areas include Real Estate and Construction Tech, Property Management Tech, Home Improvement Services and Horizontal. Its competitors include Houzz, Porch and Angi; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 2016 in San Francisco, United States, Skylight operates as an online marketplace within the home renovation sector. Service providers are connected with users based on specified budgets and requirements. Features for secure payments, invoice generation, transaction reconciliation, and project progress monitoring are integrated into the platform to support end-to-end service delivery.
- Headquarters San Francisco, United States
- Founders Josh Levitan, Jasper Malcolmson, Fiona Lake Waslander
- Stage Acquired
- SectorsBusiness ServicesReal Estate & Construction Consumer
- Phone•••• ••••
- Website skylight.tools
- Social LinkedIn Facebook
- Acquired by Opendoor (Sep 2021)
Funding Insights of Skylight Tools
Skylight Tools has successfully raised a total of $3.77M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.48 million completed in January 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 $3.77M
- Total Rounds 3
- Last Round Series A — $1.48M
- Investors Count 1
All 3 funding rounds of Skylight Tools with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2019 | $1.48M | Series A | – | – | – |
| Jul 2017 | $2.29M | Series A | – | – | – |
| Jun 2017 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Skylight Tools
Skylight Tools has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Opendoor and Resolute Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital funding is provided to founders. | resolute.vc | San Francisco, United States | ||
Residential properties are resold via an app-based platform. | 2014 | opendoor.com | San Francisco, United States |
Investor details for Skylight Tools
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People of Skylight Tools
3 people are tracked at Skylight Tools (3 in leadership).
| Name | Role | Group |
|---|---|---|
Josh Levitan | Co-Founder | Leadership |
Jasper Malcolmson | Co-Founder | Leadership |
Fiona Lake Waslander | Co-Founder & CPO | Leadership |
Complete people profiles for Skylight Tools
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Timeline of Skylight Tools
4 dated milestones of Skylight Tools across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Skylight Tools is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $1.5M.
- Exit Acquired by Opendoor.
Competitors of Skylight Tools
Skylight Tools has 3 listed competitors in our database, 2 of them funded. They include Houzz, Porch and Angi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| houzz.com | 2009 | Palo Alto, United States | $613.6M | 753 | Home design, decorating, and renovation platform is operated online. | |
| porch.com | 2013 | Seattle, United States | $120.13M | 342 | Online listing platform for home improvement service professionals | |
| angi.com | 1995 | Indianapolis, United States | Home repair professionals are hired via an app-based platform. |
Detailed competitors of Skylight Tools
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Top companies in Local & Community Services
3 companies that operate in the same segment as Skylight Tools (Local & Community Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based pet sitting marketplace | 2011 | Olympia, Washington, United States | USD 409.19 M | |||
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | 969 | ||
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 |
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Related news about Skylight Tools
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Frequently Asked Questions about Skylight Tools
Skylight Tools was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Skylight Tools is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Skylight Tools is a funded company, having raised a total of $3.77M across 3 funding rounds to date.
Founded in 2016 in San Francisco, United States, Skylight operates as an online marketplace within the home renovation sector. Service providers are connected with users based on specified budgets and requirements. Features for secure payments, invoice generation, transaction reconciliation, and project progress monitoring are integrated into the platform to support end-to-end service delivery.
Skylight Tools has 2 investors. Key investors include Opendoor, and Resolute Ventures.
Yes. Skylight Tools was acquired by Opendoor in September 2021.