HireJoe

HireJoe

Closed: Feb. 2018

About this raise: Finding a home repair person can be tough. Between trustworthiness, worried about finding the best deal, or concerned about the quality of work, it’s anything but easy.

Until HireJoe, that is! HireJoe is an app that makes home repair simple. In fact, you can start a project in one minute with them. In the app, just upload photos and a description of your project; access a list of local, verified handymen and women; pick the person you want to quickly receive estimates; and then hire your handyperson! The app also allows you to track costs, pay your home pro, and post project reviews. It’s the one-stop-handyman-shop!

HireJoe also never charges annual or lead fees or gives computer generated estimates. They provide a satisfaction guarantee, and you only pay when the work is done right. Plus, HireJoe handymen all bill the same rates per project, and they only invoice you through the app. This helps keep all services transparent, open, and effective. HireJoe takes a 15% service fee, which is already factored into the total labor cost, and the handyman keeps 85% of the work when it’s well done.

So far, the app has been proven to be 95% accurate in providing remote estimates, and based on their 2016 quarter, HireJoe has a $220,000 run rate. They also have over 125 registered homeowners, over 1,000 completed projects, and a 70% approval rate. After all, the home maintenance industry is growing. In the past five years, revenue grew at an annualized 2.8% to $2.5 billion; in 2012, demand for handyman service franchises jumped 6.6%; and project revenue is estimated to grow to $2.8 billion through 2021. Plus, with the increase in SMART homes, HireJoe has future plans to be able to directly interface with those homes, automatically notifying repair technicians of projects that need attention.

Right now, HireJoe is only located in Colorado, and they’re hoping this campaign will help them go nationwide. They don’t want people to worry about home repair. Instead, they want you to use HireJoe to hire fast -- and rest easy.

“Who Should Be Interested in this Offer:”
Are you a home repair person looking to gain quick and easy access to customers (and earn more with the great work you do)? Or are you a person looking for a handyman to help with some home projects? If either of these sound like you, consider investing in HireJoe for your handyman hiring needs. Their easy-to-use app keeps all services transparent, open, and effective, which means you can get your home repair job done well, simply….and, most importantly, stress-free.

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Investment Overview

Invested this round: $13,400

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
11/17/2017
Close Date
02/15/2018
Min. Goal
$10,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$900,000

Company & Team

Company

Year Founded
2017
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Boulder, Colorado
Company Website
Visit Website

Team

Employees
3

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/15/2018 StartEngine $900,000 $13,400 Equity - Common Funded RegCF
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HireJoe on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $900,000
Price per Share: $1.00

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