About Skylight Tools
Skylight Tools is a company based in San Francisco (United States) founded in 2016 by Josh Levitan, Jasper Malcolmson, and Fiona Lake Waslander was acquired by Opendoor in September 2021.. Skylight Tools has raised $3.77 million across 3 funding rounds from investors including Opendoor and Resolute Ventures. Skylight Tools operates in a competitive market with competitors including Houzz, Porch, Angi, Lessen and HomeAdvisor, among others.
- Headquarter San Francisco, United States
- Founders Josh Levitan, Jasper Malcolmson, Fiona Lake Waslander
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Sectors
Business ServicesReal Estate & Construction Consumer
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Phone
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Website
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Social
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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 Total Funding
- Total Rounds 3
- Last Round Series A — $1.5M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2019 | Amount | Series A - Skylight Tools | Valuation |
investors |
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| Jul, 2017 | Amount | Series A - Skylight Tools | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - Skylight Tools | 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 |
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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. 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 venture capital funding is provided to founders.
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Founded Year | Domain | Location | |
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Residential properties are resold via an app-based platform.
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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 Skylight Tools
| 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 - Skylight Tools
| 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 |
Skylight Tools Comparisons
Competitors of Skylight Tools
Skylight Tools 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 Houzz, Porch, Angi, Lessen and HomeAdvisor, 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 |
Home design, decorating, and renovation platform is operated online.
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| domain | founded_year | HQ Location |
Online listing platform for home improvement service professionals
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| domain | founded_year | HQ Location |
Home repair professionals are hired via an app-based platform.
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| domain | founded_year | HQ Location |
Lessen was founded in 2019 in Valencia, Spain.
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| domain | founded_year | HQ Location |
Marketplace for home improvement professionals
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| domain | founded_year | HQ Location |
AI-driven property appraisal software is provided for real estate professionals.
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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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Frequently Asked Questions about Skylight Tools
When was Skylight Tools founded?
Skylight Tools was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Skylight Tools located?
Skylight Tools is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Skylight Tools a funded company?
Skylight Tools is a funded company, having raised a total of $3.77M across 3 funding rounds to date.
What does Skylight Tools do?
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.
Who are the top competitors of Skylight Tools?
Skylight Tools's top competitors include Houzz, Porch and Wrench Group.
Who are Skylight Tools's investors?
Skylight Tools has 2 investors. Key investors include Opendoor, and Resolute Ventures.
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