Oscar is a Lisbon, Portugal–based mobile platform that connects customers with technicians for maintenance, cleaning, laundry, and beauty services. Led by founder and CEO João Marques, the app aggregates over 12,000 technicians and offers more than 150 distinct services. The company raised $6.5M in funding to support growth. Oscar intends to use the proceeds to expand operations, broaden its business reach, and accelerate product development. The platform focuses on matching users with local service providers through its app to scale home-services penetration in its markets. The business model centers on marketplace transactions between customers and vetted technicians. Oscar operates a home-services platform accessed via an app on Google Play and the App Store that connects users to about 3,000 professionals. The app offers more than 150 services including repair, cleaning and laundry at fixed prices with a maximum response time of 30 minutes. Founded in 2019 and headquartered in Lisbon, Oscar currently serves districts including Lisbon, Porto, Margem Sul, Coimbra, Setúbal, Cascais and Sintra. The company announced it closed a €1.1M financing round led by Lince Capital with participation from Olispo Way and business angels Tony Honkanen and Humberto Ayres Pereira. Oscar said it will use the funds to expand its pool of professionals and technicians into new districts, strengthen its presence in existing areas, broaden service categories, and bolster engineering and operations teams. Recent leadership changes include the appointment of Diogo Coutinho, formerly Kitch’s Portugal director, as country manager to lead the business and expansion strategy in its sole market to date.

Total raised

$8M

Funding rounds

2

Latest round

Equity

Latest activity

May 2024