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Venture Capital Database 2014 Now Available

HouseCall Closes Additional $1.5M Strategic Funding

Strategic Investment from Real Estate Investor to Accelerate Product Expansion

SAN DIEGO, Calif., May 22, 2014-- HouseCall, the app for your house, announced today that it has raised an additional $1.5 million in strategic funding. The lead investor in the round was Canter Capital with participation from KGC Capital. HouseCall previously raised $1.5 million from e.ventures, a global venture firm that was the first institutional investor in Angie’s List. With a total of $3 million of investment since the company’s inception late 2013, HouseCall is now one of San Diego’s fastest funded startups.

Canter Capital is a subsidiary of the real estate investment firm, Canter Companies, based in San Diego. “We began to see trends in our user data that highlighted home buyers and sellers as some of the most frequent repeat users of our app,” says Ian Heidt, CEO of HouseCall, “and working with Canter has helped us expand the product to fit this need.”

HouseCall is changing the way local service businesses do business. As a true two-sided marketplace, HouseCall consists of the HouseCall mobile app for homeowners which connects them directly to locally recommended home service professionals through the HouseCall Pro mobile app. HouseCall is focused on helping provide transparent pricing, efficiency, and trust in a horizontal manner across all home services. Available services on HouseCall include handyman, electrical, plumbing, maid service, carpet cleaning, emergency locksmiths, window washing, tech geek support and more. This model is in contrast to other startups in the industry that are focused on a single home services vertical.

The HouseCall app gives homeowners a seamless way to book and pay for home services from locally recommended service professionals. The HouseCall Pro app gives service professionals a modern way to manage their schedule, workflow, customer database, payments and invoices all from their smartphone.

Since launching:

HouseCall already has thousands of users in San Diego booking services across all home service categories.
Approximately 35% of users that have used the service have already booked two times or more, with recurring usage common across home service categories. For example, a user might first book a carpet cleaner and then book a window washer.
Many independent service professionals using HouseCall Pro are now earning over 50% of their income through the app.

With the new funding, HouseCall will continue to expand its local services platform by developing an Android version for both homeowners and service professionals for release this summer, and launch into new geographies.

ABOUT HOUSECALL

HouseCall is the app for your house. Available first in San Diego, with more markets coming soon, HouseCall takes the hassle out of home maintenance by connecting you to locally recommended home service professionals at the push of a button. Homeowners can order everything from a handymen, maid service, carpet cleaning, electrician, emergency plumber to tech geek support.

HouseCall can be downloaded in the App Store on your iOS device, appstore.com/HouseCall.

For more information please visit, http://www.tryhousecall.com.

Connect with HouseCall: facebook.com/HouseCallApp, twitter.com/HouseCall, youtube.com/HouseCallApp, instagram.com/housecall.


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