Ferguson Ventures, the corporate venture capital and strategic partnering arm for Ferguson, has provided investment for HOMEE’s Series B financing round.
Through the HOMEE On Demand app, a real-time, GPS-based mobile platform, HOMEE instantly links homeowners and property managers with qualified heating and air-conditioning, plumbing, electrical and general handyman services. It has been described as the “Uber” of home repair. HOMEE just announced it has closed a $15 million Series B financing, bringing the total invested in the company to nearly $30 million.
With an overwhelming consumer need for quick and seamless access to maintenance, installation and repair services, HOMEE satisfies this need while also growing Ferguson’s HVAC and plumbing customers’ business, Ferguson Ventures points out. “This investment closely aligns with Ferguson Ventures’ vision to provide innovators focused on the built world with the resources, industry expertise and capital necessary to launch transformation in the construction and services industries that will create a better future for trade professionals,” said Kevin Barnes, vice president of Ferguson Ventures.