Homee scores $11m in its round led by Activate Capital

On-demand property management platform Homee has scored $11m in its latest financing round led by Activate Capital Partners.

Participation to the round also came from The Home Depot and current backers Florida Funders, FAN Fund, and Bialla Venture Partners. There were 11 corporations to also take part in the funding including The Home Depot-backed Engage.

Florida-based Homee is a property management service that helps homeowners get instant access to electricians, plumbers, HVAC technicians, and handymen through their smartphone. Its services are available for all types of properties including homes, condos, offices, and restaurants.

Through the app, users can create accurate billing and keep track of invoices. The service will track the hired service work by the minute and will automatically pause if the service provider stops to get materials or to grab lunch.

With this injection of equity, the company will look to launch into new markets and grow its vendor network across the US. The new batch of funding brings Homee’s total funding up to $15m.

Homee co-founder and CEO Doug Schaedler said, “Homee is a category-leading, on-demand property maintenance platform that is changing the way homeowners and property managers find, contract, and pay for qualified heating and air conditioning, plumbing, electrical, and general handyman services.”

This marks the third FinTech investment by Florida Funders this year. Last month the firm led the $2.3m investment of spend management app ClassWallet and prior to that is supported the $4m Series A of B2B payment network Finexio.

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