What is Super?
Super operates within the burgeoning home services market, offering a unique subscription model that provides comprehensive care and repair for residences. By partnering with vetted local service providers, Super aims to streamline home maintenance and repair processes, delivering efficient and predictable solutions at a fixed cost. The company leverages technology to simplify homeownership, addressing the common pain points associated with managing property upkeep and unexpected repairs. This innovative approach positions Super as a key player in the proptech and home services industries, seeking to redefine the homeowner experience through convenience and reliability.
How much funding has Super raised?
Super has raised a total of $23.6M across 2 funding rounds:
Angel/Seed
$3.6M
Series B
$20M
Angel/Seed (2015): $3.6M with participation from General Catalyst, Montage Ventures, Formation8, Founder Collective, Lux Capital, and Maiden Lane Ventures
Series B (2019): $20M led by Aquiline Technology Growth
Key Investors in Super
Aquiline Technology Growth
Aquiline Technology Growth is a venture capital firm specializing in investments within the financial services sector, with a particular focus on financial technology, insurance, and business services. Their backing of Super suggests an interest in technology-enabled services that enhance consumer or enterprise efficiency.
General Catalyst
General Catalyst is a prominent venture capital firm known for backing transformational companies across various stages and sectors, including technology, healthcare, and financial services. Their investment in Super highlights a belief in the company's potential for significant market impact and scalable growth.
Formation8
Formation 8 is a venture capital firm that supports entrepreneurs in building market-leading companies, particularly in smart enterprise and energy technology. Their involvement with Super indicates an interest in innovative service platforms that leverage technology for operational excellence.
What's next for Super?
With a substantial injection of capital, Super is poised for accelerated growth and market penetration. The recent major strategic investment suggests a focus on scaling operations, expanding its network of service partners, and potentially enhancing its technological infrastructure. Future developments may include geographic expansion into new markets, diversification of service offerings, and further integration of smart home technologies to optimize service delivery. The company's ability to attract significant backing indicates strong investor confidence in its business model and its potential to disrupt the traditional home repair and maintenance landscape.
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