Increased investment in Pro.com
The website has landed an additional US$4m
Pro.com has attracted US$14 million in fresh venture capital funding
Pro.com has attracted US$14 million in fresh venture capital funding
 
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The home improvement website provides another way for people to renovate their homes
Geek Wire
Pro.com, the Seattle startup that can make it easier to find home improvement specialists, from plumbers and electricians to roofers and landscapers, has attracted US$14 million in fresh funding from venture capital firms Madrona Venture Group and Maveron.

The funding follows a US$3.5 million round that Pro.com announced in May, which included participation from Amazon.com founder Jeff Bezos, Sherpa Ventures and Andreessen Horowitz.

Pro.com is led by Matt Williams who sold another startup LiveBid to Amazon.com in 1999. He then worked at Amazon.com in a number of roles.

Porch.com is touting a new way for home owners to find home improvement professionals online. The company said that over US$140 million worth of home improvement projects have flowed through the site in the past few months. Williams in a statement:
We've seen a really positive response to Pro.com since our launch in May, and this funding round is an excellent opportunity to build on that momentum.

Maveron and Madrona are two of Seattle's leading venture capital firms. But the investment in Pro.com marks the largest investment they've made together to date. The investment includes two seats on the board at Porch.com.

There is now some serious competition for Pro.com. Recently, San Francisco-based Thumbtack raised US$100 million from Google Ventures and others, while Handy.com of New York raised $30 million in June.

Pro.com also faces competition from Porch.com which is also creating a marketplace for home improvement projects, with partnership and investment with Lowe's.

Online behemoth Amazon.com has been involved in the home services area in some ways, so Bezos' involvement in Pro.com is notable.

Pro.com said it will use the fresh funding to continue to grow its national customer base and add more home service professionals to its marketplace.
Geek Wire
Pro.com is a start-up home improvement website
New home improvement startup
Technology executive Matt Williams recently raised US$3.5 million from Amazon and Washington Post owner Jeff Bezos and other venture capital firms for Pro.com, a website that helps people get quotes for the home improvements they have in mind as well as find professionals to hire for those jobs. The website is still in its beta phase. It is competing with other online services such as Angie's List, HomeAdvisor, and Porch.com which is linked with Lowe's stores. However, Williams told GeekWire that he sees Pro.com as different from Porch.com because it will be an e-commerce site that takes a cut from the transactions it facilitates. It is not just a service that charges people for viewing or posting listings.
Wed, 14 May 2014 | 06:03
Pro.com is partnering with Build.com to offer customers a better service
Partnership for Pro.com
Home improvement start up Pro.com has announced a new partnership with home products retailer Build.com to give Build.com customers a way to find and connect with professionals to contract for the project. Pro.com will also give them an estimate for the labour cost of the project. Pro.com first launched the beta version of its site in mid-May. It gives customers quotes for home improvement projects, and it vets professionals through its Certified Pro service. However, Pro.com is an e-commerce site that takes a cut from the transactions it facilitates instead of charging people to view or post listings. Moreover, it will choose the top professionals in each geographical and expertise area and spotlight them instead of listing every professional the way Yelp does.
Thu, 17 Jul 2014 | 05:32
Amazon services offering
Amazon expands in US home repair market
The world's largest online retailer, US-based Amazon, is expanding a trial program which enables customers to order home improvement services via its website.

The trial began in 2012 in Seattle, Washington state, where Amazon is based. It has now expanded to the two largest US cities, New York and Los Angeles.

The US home repair market is estimated to be worth US$400 billion a year. Amazon estimates that its customers are already spending around US$22 billion a year in off-line purchases. Services are simply added to the familiar Amazon shopping cart, and processed in the same way as any other order.
Thu, 31 Jul 2014 | 07:37
Lowe's will be pushing Porch.com to customers in all its 1,707 stores
Porch and Lowe's expand strategic partnership
Lowe's will be pushing Porch.com to customers in all 1,707 stores in the United States, after a trial run of 139 stores since January. It represents a gamble by the retailer on a technology startup. The new national partnership will have large banners and signage all over Lowe's stores. Lowe's staff will also talk up the website to anyone who asks for a professional recommendation. Porch isn't just a listing of home-improvement professionals, though that core element of it is what most interests Lowe's. The site also has detailed listings of homes in any area, with sales history and deeper data on renovations and the associated costs. Richard Maltsbarger, who runs business development for Lowe's, says the company wants to aid customers "whenever and wherever they choose to interact with us." This is the first partnership of its type that Lowe's has ever done.
Wed, 30 Apr 2014 | 04:52
Amazon launches local services
On Amazon now you can add tradies to shopping cart
US publication The Wall Street Journal (WSJ) is reporting that US online retailer Amazon has added "handymen" to the long list of items and services it provides.

Shoppers in a number of US cities will beexposed to the tradie offer after purchasing items, such as ceiling fans, that may require installations services. The installation businesses will be able to have their own product pages on Amazon, as well as a way for customers to book a time for a service.
Tue, 25 Nov 2014 | 05:33


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