ChoreRelief

ChoreRelief

Early Stage

Mobile & SaaS Platform for Gig Economy

Mobile & SaaS Platform for Gig Economy

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/02/2018

Close Date

03/30/2018

Min. Goal
$10,000
Max. Goal
$67,300
Min. Investment

$150

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.87

Pre-Money Valuation

$6,472,539

Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

Location

Chicago, Illinois

Who Should Be Interested:
Are you a customer who loves apps like TaskRabbit and Thumbtack -- but wish you have more control over the price and schedule? Or, are you a service provider who uses management software like Salesforce or Kickserv -- but wish they connected you more directly to the customer? If either of these sounds like you -- and you live in Florida, Chicago, Houston, or Dallas -- then consider investing in ChoreRelief, an app that provides you relief and does it all for both customers and service providers.

The Company:
ChoreRelief is a mobile app and SaaS platform that is beneficial for both customers and service providers. For customers, ChoreRelief helps you find the service you need and want at the budget and timing you need and want. All you do is download the app and select the service needed, such as cleaning, landscaping, or handiwork. Then, you name the price and the timing. Your request is immediately sent out to local, trusted, and qualified workers in your area who can contact you to fulfill the request. The app offers two-way communication between the customer and provider, and once the service is complete, you can pay for your service directly through the app, and the provider will get compensated within 48 hours. Easy-peesy! For service providers, ChoreRelief treats you as what you truly are -- entrepreneurs. They provide education and training materials, as well as the ability to fully manage your business from the app. So far, their provider acquisition has averaged 30% MoM growth, and they’ve found success in Chicago and Florida. They’re starting to organically grow in Houston and Dallas too, and will hope to continue expanding.

The Bottom Line:
ChoreRelief recognizes the gig economy for what it is -- an economy of entrepreneurs. And with 55 million Americans currently identifying as gig workers, it’s time they started being treated that way. ChoreRelief also understands that all customers deserve to control their budget and service timing. By empowering service providers to becoming successful entrepreneurs and helping customers name their price and schedule, they’re helping everyone find relief in chores -- one handiwork, cleaning, and landscaping task at a time.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
ChoreRelief 03/29/2018 StartEngine $6,472,539 $0 Equity - Common Not Funded RegCF
ChoreRelief 06/29/2017 StartEngine $7,500,000 $40,846 Equity - Common Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Funding data not publicly available

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ChoreRelief on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,472,539
Price per Share: $0.87

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