How Much Did Improovy Raise?
Funding & Key Investors

Improovy has successfully secured a major strategic investment, marking a significant milestone in its trajectory as a managed marketplace for home improvement services. This latest capital injection, totaling $2.8M, underscores investor confidence in the company's ability to digitize and streamline the fragmented residential maintenance sector. With a cumulative backing of $2.8M, the firm is well-positioned to accelerate its operational footprint across key metropolitan markets.

The infusion of resources arrives at a critical juncture for the company, which has demonstrated consistent growth since its inception. By leveraging this financing, Improovy aims to solidify its market position, moving beyond its initial focus on painting services to potentially capture a larger share of the on-demand home services economy.

What is Improovy?

Improovy
SoftwareMobile App DevelopmentConsumer Services

Improovy operates as a sophisticated managed marketplace designed to bridge the gap between homeowners and professional contractors. By digitizing the service delivery lifecycle, the platform eliminates the traditional friction associated with home improvement projects, offering a seamless experience from initial quote to final execution. Currently active in major hubs including Chicago, St. Louis, Ann Arbor, Denver, and Dallas, the company serves as a critical infrastructure layer for the residential services industry. Its model is built on the premise of quality assurance and operational efficiency, ensuring that both service providers and consumers benefit from a standardized, tech-enabled workflow that prioritizes transparency and reliability.

How much funding has Improovy raised?

Improovy has raised a total of $2.8M across 1 funding round:

2022

Unspecified

$2.8M

Unspecified (2022): $2.8M with participation from Matchstick Ventures, M25, and Allos Ventures

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 and extensive regional network.

What's next for Improovy?

With the recent capital deployment, Improovy is expected to prioritize geographic expansion and technological refinement. The company's roadmap likely includes scaling its contractor network and enhancing its proprietary platform to support a broader range of home improvement categories. As the firm transitions into a more mature phase of its lifecycle, the focus will shift toward optimizing unit economics and deepening its penetration in existing markets. By maintaining its commitment to a high-touch, managed service model, Improovy is poised to disrupt the legacy home services sector, providing a scalable solution that addresses the persistent challenges of quality control and scheduling in the gig-economy era.

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Frequently Asked Questions Regarding Improovy Financial Insights

What are the most recent funding rounds that Improovy has completed, and what were the funding rounds?
Improovy has recently completed 1 funding rounds: Unspecified on Jun 28, 2022.
What is the total amount of funding Improovy has raised to date?
Improovy has raised a total of $2.8M in funding to date.
How many funding rounds has Improovy completed?
Improovy has completed 1 funding rounds.
How much funding did Improovy raise in its most recent funding round?
Improovy raised $2.8M in its most recent funding round.
Who are the lead investors in Improovy's latest funding round?
The lead investor in Improovy's latest funding round was Matchstick Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Improovy's history?
The largest funding round in Improovy's history was $2.8M.
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