What is Improovy?
Improovy operates as a sophisticated, on-demand marketplace designed to bridge the gap between homeowners and professional contractors. By focusing initially on the painting services vertical, the company has developed a streamlined, end-to-end digital infrastructure that simplifies project management, scheduling, and quality assurance. This tech-enabled approach addresses long-standing inefficiencies in the home improvement industry, providing a scalable solution that benefits both service providers and consumers. Currently active in key metropolitan hubs including Chicago, St. Louis, Ann Arbor, Denver, and Dallas, Improovy is leveraging its digital-first model to capture market share in the highly competitive home services landscape. The platform's ability to standardize service delivery while maintaining high customer satisfaction scores positions it as a formidable player in the proptech and service-marketplace ecosystem.
How much funding has Improovy raised?
Improovy has raised a total of $2.8M across 1 funding round:
Unspecified
$2.8M
Unspecified (2022): $2.8M with participation from Matchstick Ventures, Allos Ventures, and M25
Key Investors in Improovy
Matchstick Ventures
Matchstick Ventures is an early-stage venture fund focused on investing in diverse founders and innovative ideas in the North and Rockies, providing capital and resources to ambitious entrepreneurs.
Allos Ventures
Allos Ventures is a venture capital firm dedicated to powering the growth of high-potential tech companies in the Midwest, specializing in early-stage B2B software and tech-enabled services.
M25
M25 is a venture capital firm focused on investing in early-stage startups across the Midwest, known for its data-driven approach to identifying high-growth potential in underserved markets.
What's next for Improovy?
With the infusion of this latest capital, Improovy is poised to execute an aggressive expansion strategy throughout 2023 and beyond. The company's roadmap focuses on scaling its geographic presence into new urban markets while simultaneously deepening its technological capabilities to support a broader range of home improvement services. By optimizing its contractor network and refining its demand-generation algorithms, Improovy aims to solidify its status as the premier digital destination for residential maintenance. The strategic backing from experienced venture partners provides not only the necessary liquidity for growth but also the operational expertise required to navigate the complexities of scaling a multi-sided marketplace in a high-touch industry.
See full Improovy company page
