Webel, an online platform for booking a wide range of at-home services, has secured €1.4 million in fresh funding, allowing the company to expand internationally. This funding round attracted investment from Goodwater Capital, a consumer tech fund based in Palo Alto, alongside current backers Decelera Ventures and ZAKA VC. With this new capital, Webel has successfully entered its first international market with the launch of its services in London.
Currently operating in 19 cities across Spain, Webel is committed to transforming how users hire at-home services by enabling them to compare qualified professionals and book services efficiently. Nacho Tejero, Webel’s CEO and Co-Founder said: “With this capital injection, we can continue consolidating our national expansion, where we expect to close the year with 500% growth, while also opening the doors to international expansion, taking Webel outside Spain for the first time. Our model is unique, and we are 50% cheaper than any competitor, giving us a significant competitive advantage that will help us conquer similar markets.”
As part of its growth strategy, Webel is expanding its service offerings to include business-oriented solutions. The platform aims to incorporate internal software for companies to manage and promote their services to Webel’s growing user base, providing a broader range of options for both individual users and businesses alike. This shift aligns with Webel’s ambition to leverage cross-selling opportunities across the platform’s diverse service categories.
Samuel Zalesak, Associate and Member of ZAKA’s Investment Committee said: “At ZAKA, we continue to invest in Webel because they exemplify the qualities we value in early-stage startups: Innovation, transparency, and data-driven growth. Our initial investment was driven by their unique platform leakage prevention feature, which incentivizes service suppliers to stay engaged by reducing fees and boosting visibility. This, in turn, allows Webel to expand efficiently while fostering strong relationships with service providers. Webel’s exceptional reporting capabilities, adaptability, and operational transparency further solidified our confidence, making them a standout in our portfolio. Their strategic approach has been a key driver of their continued success and growth.”
Changing trends in at-home service hiring
In recent years, digital transformation has reshaped the at-home service sector, particularly driven by younger generations who prefer convenient digital solutions for everyday needs. Webel has experienced significant growth, with a 650% increase in its services over the past year, completing over 300,000 transactions, the majority of which occurred in 2024. The platform now hosts over 150,000 professionals, serving a customer base of more than 400,000 users.
Webel enables users to book services that range from household maintenance to personal care, while professionals can access a new gateway to market their services, set rates, and build trust through client reviews. The company’s ongoing expansion and recent investment underscore its commitment to leading the transformation of the at-home services market across both Spain and new international markets.
Read the orginal article: https://www.eu-startups.com/2024/11/madrid-based-webel-has-secured-e1-4-million-to-support-its-international-expansion/
