Irishman Oisin Hanrahan’s New York headquartered home services app start-up Handy, previously known as Handybook, has stepped into the UK market after acquiring London-based Mopp.
In June Handy – a kind of ‘Hailo for Handymen’ – raised US$30m (€22m) in new investment from Steve Case’s Revolution Growth fund, bringing the amount raised by Handybook to US$49m.
The acquisition of London-based Mopp, which also provides home cleaning services in the UK, was a multi-million dollar all-stock transaction, according to TechCrunch.
The move follows Handy’s acquisition of Exec in San Francisco in January.
Thousands of cleaning services professionals in the US use Handy to find assignments and win customers.
Handy, which is active in 18 cities across the US, was established by Hanrahan along with Umang Dua, Weina Scott and Ignacio Leonhardt while he was studying at Harvard.
The business was formed after Hanrahan and Due struggled to find people to do cleaning and DIY work. After raising US$50,00 in seed capital the company was formed.
Handy is now the dominant player in New York when it comes to getting home-cleaning services online.
London-based Mopp is only in business 18 months but has already notched up 10,000 bookings per month.