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- Housecall Pro
Housecall Pro Valuation, Funding & Investors
Housecall Pro is valued at $1.1B as of June 2022.
Last Housecall Pro valuation
$1.1B
Series D · Jun 2022
Last Housecall Pro funding round
$65M
Series D · Jun 2022
Cumulative funding Housecall Pro raised
$115M
across 6 funding rounds
Key investors in Housecall Pro
Headline
August Capital
General Catalyst
Permira
Baird Capital
KGC Capital
About Housecall Pro
Housecall Pro is a San Diego-headquartered mobile software platform launched in 2013 for home service businesses. It streamlines job scheduling, customer databases, invoicing, payments, and technician dispatch through a smartphone app and web portal. Professionals in plumbing, HVAC, electrical, and cleaning run operations at low subscription costs nationwide.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1.1B (Jun 2022)
Housecall Pro Valuation
Housecall Pro is currently valued at $1.1B, based on its Series D in June 2022.
The $65M round was led by Permira.
Housecall Pro valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2022 | Series D | $1.1B |
Housecall Pro Funding History
Housecall Pro has raised a total of $115M across 6 funding rounds.
Housecall Pro's first fundraising round was a $2M seed round in December 2013. The most recent completed round was a $65M Series D in June 2022.
Housecall Pro funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2022 | Series D | Permira (lead) | $65M | $1.1B | Housecall Pro is an industry-leading SaaS platform for home service professionals, including plumbers, electricians, and cleaners, offering all-in-one tools for business operations, scheduling, invoicing, payments, and financial services to help over 25,000 small and midsize home services companies save time, grow profitably, and deliver better customer service. Founded in 2013 and headquartered in Denver, CO, the company empowers pros to run all aspects of their business through its comprehensive software solution. On June 23, 2022, Housecall Pro announced a $125 million funding round led by Permira Growth Opportunities, with participation from Vista Credit Partners, combining debt and venture equity. The capital is intended to fuel continued growth, product development, scaling operations, and digital transformation in the home services sector, including expansion in the metro area and globally. Permira Principal Alex Melamud joined the board, bringing expertise in software and fintech to support the company's ambitions. Business Insider reported the round (listed as $175.8M total, possibly including prior) at a $1.1 billion post-money valuation, marking Housecall Pro as a unicorn. The investment aligns with Permira's strategy of backing disruptive SaaS companies scaling to the next level, similar to prior investments in Klarna, G2, and others. |
| Sep 2018 | Series C | General Catalyst (lead) | $30M | - | Housecall Pro is a field service management software platform designed to connect back-end business operations with homeowners, helping home service professionals manage workflows such as job scheduling. Founded in 2013 and based in Denver, CO, the company has raised a total of approximately $145M to $174.3M across 8 rounds from 12 investors. General Catalyst participated in its Series D round of $125M on June 13, 2022, alongside Vista Equity Partners and Permira. The 2022 Series D funding, announced in June, was aimed at scaling the organization to deliver product features for its over 25,000 home service customers and pursuing a complete business and financial operations solution for small and midsize home services businesses. Housecall Pro has grown to serve over 25,000 customers by 2022, employing around 1,310 people. Investors include General Catalyst, Vista Equity Partners, Permira, and Lightspeed Venture Partners. |
| Aug 2017 | Series B | Baird Capital (lead); August Capital | $11M | - | - |
| Sep 2015 | Series A | August Capital (lead); Michael Beaudoin; Headline | $6M | - | Housecall Pro raised $6 million in a Series A funding round on September 15, 2015, led by August Capital with participation from e.ventures and Michael Beaudoin, former Co-CEO and Co-founder of HomeAdvisor. The funding aimed to expand marketing, sales, and customer service teams to drive adoption of its mobile operations software platform for home services companies. Since its nationwide launch at the beginning of 2015, the platform had been adopted in over 700 cities in the US and Canada. Housecall Pro provides state-of-the-art mobile tools enabling home services companies to manage their entire operations from a smartphone, streamlining paperwork and enhancing customer experiences through a complimentary consumer booking app. CEO Ian Heidt highlighted the platform's role in business growth and operational efficiency. Investors praised the company's positioning in the massive home services market and its product-market fit. |
| May 2014 | Seed | Canter Capital (lead); KGC Capital | $2M | - | - |
| Dec 2013 | Seed | Charles Yim (lead); Headline | $2M | - | - |
Who has invested in Housecall Pro?
9 investors have backed Housecall Pro across its funding rounds, including Headline, August Capital, General Catalyst, Permira, Baird Capital and KGC Capital.
Lead investors include Permira, General Catalyst, Baird Capital, August Capital, Canter Capital and 1 other investor.
Housecall Pro Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Sep 2015 | ||
| 2 | Participant | Dec 2013 | ||
| 1 | Lead | Sep 2018 | ||
| 1 | Lead | Jun 2022 | ||
| 1 | Lead | Aug 2017 | ||
| 1 | Participant | May 2014 | ||
| 1 | Lead | Dec 2013 | ||
This data is available for Pro users. Sign up to see all 9 Housecall Pro investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialHousecall Pro Competitors
Housecall Pro competitors include listed companies like Intapp and CS Disco, and private ones like PermitFlow, Side, DevRev and Genius AI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $500M | - | ||
| Private | $30M | - | $2.5B | 83.3x | ||
| Private | - | - | $1.1B | - | ||
| Private | - | - | $1.1B | - | ||
| Publicly listed | $578M | ($16M) | $2.8B | 4.5x | ||
| Publicly listed | $157M | ($44M) | $273M | 1.0x |
Housecall Pro Public Comps
Housecall Pro is still privately-owned, but its public comps include RWS Holdings, Carriage Services, CS Disco, Angi, Hibino, Xp Industrial FII, GetBusy, HomeMaid, Intapp and Topicus.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $927M | ($26M) | 0.7x | 0.7x | (27.2x) | 4.8x | |||
| $417M | $124M | 2.5x | 2.4x | 8.3x | 7.7x | |||
| $157M | ($44M) | 1.1x | 1.0x | (4.0x) | (22.1x) | |||
| $1B | $114M | 0.4x | 0.4x | 3.7x | 3.6x | |||
| $435M | $60M | 0.6x | 0.6x | 4.3x | - | |||
| $9M | - | 10.0x | - | - | - | |||
| $30M | $2M | 2.1x | 2.0x | 35.2x | 32.5x | |||
| $61M | $7M | 1.1x | 0.9x | 8.9x | 8.6x | |||
This data is available for Pro users. Sign up to see all Housecall Pro competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Housecall Pro
| When was Housecall Pro founded? | Housecall Pro was founded in 2013. |
| Where is Housecall Pro headquartered? | Housecall Pro is headquartered in Denver, CO, United States. |
| Is Housecall Pro publicly listed? | No, Housecall Pro is a private, VC-backed company. |
| What is Housecall Pro's valuation? | Housecall Pro was last valued at $1.1B in its Series D in June 2022. |
| How much funding has Housecall Pro raised? | Housecall Pro has raised $115M across 6 funding rounds. |
| What was Housecall Pro's last funding round? | Housecall Pro's last funding round was a $65M Series D in June 2022, led by Permira. |
| Who are Housecall Pro's investors? | Housecall Pro's investors include August Capital, Headline, General Catalyst, Permira, Baird Capital, KGC Capital, Charles Yim, Michael Beaudoin and Canter Capital. |
| Which companies are comparable to Housecall Pro? | Companies comparable to Housecall Pro include PermitFlow, Side, DevRev, Genius AI, Intapp and CS Disco. |
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