Pronto, a startup offering on-demand home services, recently closed a $25 million Series B funding round led by Epiq Capital. This round doubled the company’s post-money valuation to $100 million, with the founder’s stake diluted to below 40% as existing and new investors joined the round.
The funding details, including the round size and valuation, were disclosed by the company and verified through regulatory filings reviewed by Entrackr. Pronto issued 6,522 Series B preference shares to raise the $25 million, with investors like Epiq Capital, Glade Brook Capital Partners, General Catalyst, and Bain Capital Ventures participating.
Pronto’s valuation has surged over 2.3 times since its $11 million Series A round last year, showcasing the company’s remarkable growth. Founded in 2025, Pronto connects households with verified domestic workers, experiencing significant booking growth for its on-demand home services.
Following the Series B round, external shareholders like Glade Brook Capital, Bain Capital Ventures, and General Catalyst have acquired notable stakes, with Epiq Capital as a new investor. Pronto also maintains a substantial ESOP pool valued at around $100 million.
The home services sector has seen a surge in funding, with Pronto facing competition from players like Urban Company and Snabbit. Urban Company’s Insta Help service surpassed 50,000 daily bookings within a year, while Snabbit recorded over 8 lakh bookings in February alone.
Source: Entrackr : Latest Posts