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Handy Is Handed $50 Million Expansion Equity

Tuesday, November 3, 2015 5:02:00 AM PDT | VentureDeal
   Cambridge, Massachusetts  --  Internet technology company Handy has secured $15 million in expansion venture capital financing.

Handy has developed an online marketplace that enables users to book a pre-approved cleaner or handyman for home tasks.

New investor Fidelity Management & Research Company led the round, which included previous investors General Catalyst Partners, Highland Capital Partners, Revolution Growth and TPG Capital.

The company said it would use the proceeds to widen its footprint in the cities in which it operates.

Handy was co-founded by CEO Oisin Hanrahan.

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