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The Venture Codex

SERVIZ

15303 Ventura Blvd, Ste 1600, Sherman Oaks, CA, 91403, United States

Overview

SERVIZ operates an on-demand booking and job-allocation technology platform and a proprietary network of independent service professionals to deliver lower-cost home repairs. The company offers more than 300 services across five primary categories, including handyman, plumbing, carpet cleaning, appliance repair, and electrical. SERVIZ pros are background-checked, licensed, and insured, and work is backed by a 100% satisfaction guarantee. Headquartered in Sherman Oaks, CA, the company currently serves the greater Los Angeles area, including Orange County, and plans nationwide expansion. Management reports the platform scheduled over 10,000 appointments across five categories within five months of launch, with appointment volume growing more than 50% month-over-month. SERVIZ’s stated mission is to eliminate excessive mark-ups charged by traditional home services providers. SERVIZ operates an on-demand home services platform via Serviz.com and an iPhone app, offering more than 300 services from handyman work to plumbing, carpet cleaning and appliance repair. The service provides upfront, all-inclusive pricing (users pay $45–$60 per hour depending on service, and parts are marked up 20%), real-time technician tracking, same-day booking, paperless estimates/payments, and a 100% satisfaction guarantee. SERVIZ requires pros to pass criminal background checks, carry insurance, and maintain licenses where applicable. The company positions itself to disrupt the $400 billion home services industry and says additional service categories are coming soon. SERVIZ announced general availability in the greater Los Angeles area and is headquartered in Sherman Oaks, California. The company completed a $10.7M funding round in February led by Groupon, with participation from angel investors and the two founders.

Total raised
$23M
Funding rounds
2
Latest round
Series B
Latest activity
Dec 2014

Industries

  • Apps
  • E-Commerce
  • Home Decor
  • Home Renovation
  • iOS
  • Mobile Apps
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Recent funding

  1. Series B

    Dec 2014

    $13M

  2. Equity

    Oct 2014

    $11M

Team

No current team members are available.