Fidelity has led a funding round for Handy, reportedly valuing the on-demand housekeeping service at $500m.
US-based on-demand home services provider Handy has raised $50m in a funding round led by financial services conglomerate Fidelity Management and Research, TechCrunch reported yesterday.
Fidelity was joined by TPG Ventures, General Catalyst, Highland Capital and Revolution Growth. The round reportedly valued Handy at approximately $500m.
Founded in 2012, Handy operates a platform through which users can book professional housekeeping staff and a range of other services, such as help with furniture delivery and assembly.
The funding will support the…
