Home services startup Pronto eyes $25 million fundraise at $100 million valuation

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Home services startup Pronto is in advanced discussions to raise $25 million in equity funding from various investors, including Epiq Capital, as well as existing backers Glade Brook Capital, General Catalyst and Bain Capital, according to sources aware of the matter.

The round is being negotiated at a valuation of around $100 million and comes at a time when the 10-minute house-help category is heating up, with venture capital firms increasingly deploying capital into the space.

Pronto last raised $11 million in August, in a funding round co-led by…



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Home services startup Pronto eyes $25 million fundraise at $100 million valuation



Home services startup Pronto is in advanced discussions to raise $25 million in equity funding from various investors, including Epiq Capital, as well as existing backers Glade Brook Capital, General Catalyst and Bain Capital, according to sources aware of the matter.

The round is being negotiated at a valuation of around $100 million and comes at a time when the 10-minute house-help category is heating up, with venture capital firms increasingly deploying capital into the space.

Pronto last raised $11 million in August, in a funding round co-led by…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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