Snabbit Revenue, Valuation, Funding & Investors
Snabbit is valued at $350M as of April 2026.
Last Snabbit valuation
$350M
Series D · Apr 2026
Last Snabbit funding round
$56M
Series D · Apr 2026
Snabbit revenue
$11M
Series C · Oct 2025
Key investors in Snabbit
Nexus Venture Partners
Elevation Capital
Lightspeed India Partners
Bertelsmann India Investments
FJ Labs
Gaurav Munjal
About Snabbit
Snabbit is a Mumbai-based on-demand home services platform connecting users with vetted professionals for tasks like deep cleaning, laundry, dishwashing, kitchen prep, and bathroom sanitation. Bookings occur hourly with arrivals in 10 to 15 minutes, supported by AI algorithms for optimal matching based on location, skills, and ratings. The company manages end-to-end operations including recruitment, training at its academies, and insurance coverage for over 5,000 service partners. Operating in 12 Indian cities including Delhi, Bangalore, and Pune, Snabbit processes thousands of daily requests through its app.
Founded
2024
HQ
MumbaiWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Revenue
$11M (Oct 2025)
Valuation
$350M (Apr 2026)
Snabbit Valuation
Snabbit is currently valued at $350M, based on its Series D in April 2026.
The $56M round was led by Bertelsmann India Investments, Mirae Asset Venture and SIG venture capital, with participation from FJ Labs, Lightspeed India Partners and Nexus Venture Partners.
Snabbit's valuation has grown 4.4x from $80M at its Series B in May 2025 to $350M in April 2026, across 3 priced rounds.
Snabbit valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Apr 2026 | Series D | $350M | - |
| Oct 2025 | Series C | $180M | 16.4x |
| May 2025 | Series B | $80M | 7.3x |
Snabbit Revenue
Snabbit's latest recorded revenue is $11M, as of its Series C in October 2025. At a $180M valuation, that implies a 16.4x revenue multiple.
Revenue moved from $11M in May 2025 to $11M in October 2025, while the revenue multiple moved from 7.3x to 16.4x.
Snabbit revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2025 | $11M | $180M | 16.4x | Series C |
| May 2025 | $11M | $80M | 7.3x | Series B |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Snabbit Funding History
Snabbit has raised a total of $112M across 5 funding rounds.
Snabbit's first fundraising round was a $1M seed round in January 2024. The most recent completed round was a $56M Series D in April 2026.
Snabbit funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2026 | Series D | Bertelsmann India Investments (lead); Mirae Asset Venture (lead); SIG venture capital (lead); FJ Labs; Lightspeed India Partners; Nexus Venture Partners | $56M | $350M | Snabbit, a Bengaluru-based on-demand home services platform, closed a $56 million Series D funding round co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments' Unicorn Growth Fund, and Bertelsmann India Investments. The round valued the company at approximately $350-390 million, representing significant growth from its $180 million valuation six months prior. Existing investors Nexus Venture Partners and Lightspeed participated alongside new investor FJ Labs Inc. The company has raised $112 million cumulatively. Snabbit operates in India's fast-growing on-demand home services market, offering instant household help and related services. The funding will be deployed to expand into new cities, deepen market density in existing locations, scale additional high-frequency service categories, and strengthen the balance sheet. The instant home services category is identified as the fastest-growing segment in India's home services market, which is projected to approach $100 billion by 2030. |
| Oct 2025 | Series C | Bertelsmann India Investments (lead); Elevation Capital; Lightspeed India Partners; Nexus Venture Partners | $30M | $180M | Snabbit is a Bengaluru-based on-demand home-help startup offering instant services like cleaning, laundry, and dishwashing, targeting users seeking quick, ad-hoc solutions rather than full-time help, with professionals arriving in 10-15 minutes across 40 micro-markets in Mumbai, Bengaluru, Gurugram, Noida, and Pune. The company raised $30 million in an all-equity Series C round on October 29, 2025, led by Bertelsmann India Investments with Rs 135.39 crore ($15.38M), and participation from Lightspeed (Rs 53 crore), Elevation Capital (Rs 53 crore), and Nexus Venture Partners (Rs 23.89 crore), bringing total funding to $55 million. This marked the third fundraise in nine months, following a Series B of $19 million in May 2025 at $80 million valuation and Series A at $23 million in January 2025. Post-money valuation doubled to $180 million (Rs 1,516 crore per filings), reflecting explosive growth from 1,000 daily jobs in May to over 10,000 in October, crossing 300,000 total orders and serving over 300,000 customers (up from 25,000 in May), with 30-35% retention and customer acquisition cost below ₹500 ($6). Snabbit projects annual recurring revenue of $11 million as of October 2025, planning expansion into Hyderabad, Chennai, Delhi, and Calcutta, plus cooking, childcare, and elderly care. Proceeds will fund working capital, capex, user growth, and corporate purposes. Snabbit competes with Urban Company (recently listed) and Pronto ($11M raised), capitalizing on India's shift toward instant convenience in the $60 billion home services market. Bertelsmann holds 8.5% stake post-round, with Nexus at 21.24%, Elevation at 19.93%, and Lightspeed at 14.79%. Subsequent talks in 2026 for $50-70 million rounds at $350-400 million valuation signal continued momentum. |
| May 2025 | Series B | Lightspeed India Partners (lead); Elevation Capital; Nexus Venture Partners | $19M | $80M | Snabbit is a Bengaluru-based on-demand home services platform offering 15-minute services like cleaning, dish-washing, laundry, and kitchen preparations, competing with Urban Company and Pronto. Founded in 2024 by Aayush Agarwal, it uses a hyperlocal model to select, train, and deploy technicians in micro-markets across cities including Mumbai, Bengaluru, Gurugram, Noida, and Pune, with plans to expand to more areas and categories like cooking, child care, and elder care. The company guarantees minimum incomes for partners and recently relocated its headquarters to Bengaluru. In its Series B round in May 2025, Snabbit raised $19 million from investors including Lightspeed Venture Partners (lead), Elevation Capital, and Nexus Venture Partners, achieving a post-money valuation of $80 million, up from $23 million post-Series A in January 2025. This brought total funding to around $25 million prior to the next round. The platform grew rapidly, increasing from 1,000 daily jobs and 25,000 customers in May to over 10,000 daily bookings and 300,000 total orders by October 2025, serving over 300,000 customers mostly aged 30-40. Following Series B, Snabbit raised $30 million in a Series C round in October 2025 led by Bertelsmann India Investments ($15.38M), with Lightspeed and Elevation Capital each contributing $6M and Nexus $2.7M approximately, doubling valuation to $172-180 million and total funding to $55 million. Proceeds support working capital, capex, growth, user expansion, and corporate purposes. Bertelsmann took an 8.5% stake, with Nexus at 21.24%, Elevation at 19.93%, and Lightspeed at 14.79%. By March 2026, Snabbit was exploring a Series D at $450 million valuation after raising ~$56M total, amid a competitive market where it leads in some micro-markets versus Urban Company through depth-focused strategy. Mature locations show potential profitability if expansion slows, targeting India's 60M urban households spending ~$750 annually on domestic services. |
| Jan 2025 | Series A | Elevation Capital (lead); Gaurav Munjal; Vidit Aatrey; Sanjeev Barnwal; Niraj Singh; Nexus Venture Partners | $6M | - | - |
| Jan 2024 | Seed | Nexus Venture Partners (lead) | $1M | - | - |
Who has invested in Snabbit?
11 investors have backed Snabbit across its funding rounds, including Nexus Venture Partners, Elevation Capital, Lightspeed India Partners, Bertelsmann India Investments, FJ Labs and Gaurav Munjal.
Lead investors include Bertelsmann India Investments, Mirae Asset Venture, SIG venture capital, Lightspeed India Partners, Elevation Capital and 1 other investor.
Snabbit Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 San Francisco, CA | 5 | Lead | Jan 2024 | |
| Gurgaon | 3 | Lead | Jan 2025 | |
| New Delhi | 3 | Lead | May 2025 | |
 Abcoude | 2 | Lead | Oct 2025 | |
| India | 1 | Participant | Jan 2025 | |
 Hong Kong | 1 | Lead | Apr 2026 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Vidit Aatrey | Bangalore | 1 | Participant | Jan 2025 |
| New York City, NY | 1 | Participant | Apr 2026 | |
| Mumbai | 1 | Lead | Apr 2026 | |
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Start Free TrialSnabbit Competitors
Snabbit competitors include listed companies like Kurashiru and Bumble, and private ones like Pronto, Get Spiffy, Dailyhunt and Car2Go.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Mumbai | Private | - | - | $200M | - | |
| Durham, NC | Private | - | - | $133M | - | |
| Bangalore | Private | - | - | $355M | - | |
 Japan | Publicly listed | $109M | $24M | $345M | 2.2x | |
| United States | Private | - | - | $341M | - | |
| United States | Publicly listed | $966M | ($793M) | $392M | 0.9x |
Snabbit Public Comps
Snabbit is still privately-owned, but its public comps include Kurashiru, Bumble, Dear U, Security First International, Angi, Carriage Services, Perfect Corp., Weight Watchers, CyberLink and Dozn.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $109M | $24M | 2.5x | 2.2x | 11.5x | 11.4x | |||
| $966M | ($793M) | 0.8x | 0.9x | (1.0x) | 2.9x | |||
| $61M | $16M | 3.0x | 2.8x | 11.4x | 6.7x | |||
| - | - | - | - | - | - | |||
| $1B | $114M | 0.4x | 0.4x | 3.7x | 3.6x | |||
| $417M | $124M | 2.5x | 2.4x | 8.3x | 7.7x | |||
| $69M | $636K | 0.5x | 0.5x | 56.9x | 11.9x | |||
| $786M | ($198M) | 0.6x | 0.7x | (2.4x) | 4.0x | |||
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Common questions about Snabbit
| When was Snabbit founded? | Snabbit was founded in 2024. |
| Where is Snabbit headquartered? | Snabbit is headquartered in Mumbai, India. |
| Is Snabbit publicly listed? | No, Snabbit is a private, VC-backed company. |
| What is Snabbit's valuation? | Snabbit was last valued at $350M in its Series D in April 2026. |
| How much funding has Snabbit raised? | Snabbit has raised $112M across 5 funding rounds. |
| What was Snabbit's last funding round? | Snabbit's last funding round was a $56M Series D in April 2026, led by Bertelsmann India Investments, Mirae Asset Venture and SIG venture capital. |
| Who are Snabbit's investors? | Snabbit's investors include Nexus Venture Partners, Elevation Capital, Lightspeed India Partners, Bertelsmann India Investments, Gaurav Munjal, SIG venture capital, Vidit Aatrey, FJ Labs, Mirae Asset Venture, Sanjeev Barnwal and 1 other. |
| What is Snabbit's revenue? | Snabbit's latest recorded revenue is $11M (October 2025). |
| What is Snabbit's revenue multiple? | Snabbit's latest valuation implies a 16.4x revenue multiple ($180M valuation on $11M of revenue). |
| Which companies are comparable to Snabbit? | Companies comparable to Snabbit include Pronto, Get Spiffy, Dailyhunt, Kurashiru, Car2Go and Bumble. |
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