How Much Did ServisHero Raise?
Funding & Key Investors

ServisHero, a prominent player in the Southeast Asian digital services landscape, has successfully secured significant capital to bolster its market position. The company's growth trajectory is underscored by a total funding amount of $3.4M, with the most recent strategic investment totaling $2.7M. This influx of financing reflects strong investor confidence in the platform's ability to scale its operations across the region.

The funding history, which began with an initial injection in late 2015, demonstrates a clear progression toward enterprise-level maturity. By securing backing from both venture capital firms and established corporate conglomerates, ServisHero has effectively transitioned from a nascent startup to a key facilitator of the local service economy.

What is ServisHero?

ServisHero
SoftwareMobile App DevelopmentCustomer Engagement Platforms

ServisHero operates as a sophisticated mobile application designed to bridge the gap between consumers and vetted local service professionals. By providing a seamless interface for booking essential home and office services—ranging from plumbing and electrical work to specialized disinfection—the platform has established itself as a vital utility in the Southeast Asian market. The company leverages a robust digital infrastructure to ensure fair pricing and cashless transactions, effectively professionalizing the fragmented local services sector. Its commitment to quality and convenience has positioned it as a leader in the on-demand service economy, catering to both residential and commercial clients.

How much funding has ServisHero raised?

ServisHero has raised a total of $3.4M across 2 funding rounds:

2015

Unspecified

$700K

2016

Angel/Seed

$2.7M

Unspecified (2015): $700K with participation from YTL Corporation Berhad and Lelong.my

Angel/Seed (2016): $2.7M led by Golden Gate Ventures and Cradle Seed Ventures

Key Investors in ServisHero

Golden Gate Ventures

A leading venture capital firm specializing in early-stage investments across Southeast Asia, focusing on high-growth sectors like consumer internet and fintech.

Cradle Seed Ventures

A Malaysian government-backed agency dedicated to nurturing technology entrepreneurs through financial support and commercialization assistance.

YTL Corporation Berhad

A major Malaysian infrastructure conglomerate with global operations, providing strategic backing through its diverse portfolio in utilities, construction, and technology.

What's next for ServisHero?

With this major strategic investment, ServisHero is well-positioned to accelerate its regional expansion and enhance its technological capabilities. The company is expected to focus on deepening its penetration in existing markets while potentially diversifying its service offerings to include more complex enterprise-grade solutions. By leveraging the expertise of its diverse investor base, ServisHero aims to refine its operational efficiency and solidify its status as the premier platform for service procurement in Southeast Asia. Future growth will likely center on scaling the 'Hero' network and integrating advanced data analytics to optimize service matching and user retention.

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Frequently Asked Questions Regarding ServisHero Financial Insights

What are the most recent funding rounds that ServisHero has completed, and what were the funding rounds?
ServisHero has recently completed 2 funding rounds: Angel/Seed on Mar 20, 2016, Unspecified on Oct 4, 2015.
What is the total amount of funding ServisHero has raised to date?
ServisHero has raised a total of $3.4M in funding to date.
How many funding rounds has ServisHero completed?
ServisHero has completed 2 funding rounds.
How much funding did ServisHero raise in its most recent funding round?
ServisHero raised $2.7M in its most recent funding round.
Who are the lead investors in ServisHero's latest funding round?
The lead investor in ServisHero's latest funding round was Golden Gate Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ServisHero's history?
The largest funding round in ServisHero's history was $2.7M.
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