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

Housecall Pro Overview

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

United StatesDenver, CO

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

Housecall Pro valuation by funding round
DateStageValuation
Jun 2022Series 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

Housecall Pro funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2022Series DPermira (lead)$65M$1.1BHousecall 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 2018Series CGeneral 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 2017Series BBaird Capital (lead); August Capital$11M--
Sep 2015Series AAugust 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 2014SeedCanter Capital (lead); KGC Capital$2M--
Dec 2013SeedCharles 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

Investors in Housecall Pro by funding rounds participated
InvestorHQRoundsRoleFirst check
August CapitalUnited StatesSan Francisco, CA2LeadSep 2015
HeadlineUnited StatesSan Francisco, CA2ParticipantDec 2013
General CatalystUnited StatesSan Francisco, CA1LeadSep 2018
PermiraUnited KingdomLondon1LeadJun 2022
Baird CapitalUnited StatesMilwaukee, WI1LeadAug 2017
KGC CapitalUnited StatesChicago, IL1ParticipantMay 2014
Charles YimUnited StatesUnited States1LeadDec 2013

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Housecall Pro Competitors

Housecall Pro competitors include listed companies like Intapp and CS Disco, and private ones like PermitFlow, Side, DevRev and Genius AI.

Public and private companies comparable to Housecall Pro
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PermitFlowUnited StatesNew York City, NYPrivate--$500M-
SideUnited StatesSan Francisco, CAPrivate$30M-$2.5B83.3x
DevRevUnited StatesSan Francisco, CAPrivate--$1.1B-
Genius AIUnited StatesNew York City, NYPrivate--$1.1B-
IntappUnited StatesUnited StatesPublicly listed$578M($16M)$2.8B4.5x
CS DiscoUnited StatesUnited StatesPublicly listed$157M($44M)$273M1.0x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
RWS Holdings$927M($26M)0.7x0.7x(27.2x)4.8x
Carriage Services$417M$124M2.5x2.4x8.3x7.7x
CS Disco$157M($44M)1.1x1.0x(4.0x)(22.1x)
Angi$1B$114M0.4x0.4x3.7x3.6x
Hibino$435M$60M0.6x0.6x4.3x-
Xp Industrial FII$9M-10.0x---
GetBusy$30M$2M2.1x2.0x35.2x32.5x
HomeMaid$61M$7M1.1x0.9x8.9x8.6x

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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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