The leading service app in Europe opens round of financing

The leading service app in Europe opens round of financing

A sudden infernal back pain, and our physiotherapist on vacation. A family emergency and no babysitting for children … or pets! Small daily disasters to solve in a minute. Mission Impossible? No. Fortunately the crisis has not only brought drama but also a group of entrepreneurs who have made the virtue of necessity and have launched instant, personalized and very, very useful solutions that make life easier for the user.

This is the case of Heygo, a free app that allows you to offer and hire services in a geolocalized way in a minute and without intermediaries, so that in one click we can chat with the advertiser to reach an agreement as soon as possible.

And it is that solving emergencies is in the DNA of this startup founded in 2015 by Nicolás Espinosa, Ariá Prat and Claudio Umaña. Although there is no cost to the user, there is the option to pay for the service easily and securely through the reservation system of the app itself, since in that case Allianz covers the user against any incident derived from the service.

Financing round

The rise of the company has been brilliant. In less than a year and a half of walking, Heygo exceeds 100,000 users per month and offers more than 156,000 services, more than any other app or website in Europe. This year, the company continues with its growth and internationalization plan and has launched a round of financing through an investment round of 375,000 euros. The company has resorted to the syndicated joint venture model of Startupxplore, where an experienced professional investor, JME Venture Capital (Entrecanales group) leads the investment with 50,000 euros.

Investors registered in Startupxplore can do so under the same conditions as the reference investor, with a minimum ticket to invest of 1,000 euros. And there is no lack of reasons to bet on this proposal, which has a low CPI for its category and already exceeds portals such as milanuncios.com in volume of published services.

The company will also have support in the media for its promotion and its foreseeable growth, since they have more than 500,000 euros to spend on a second television campaign and other media during the months of September and October of this year. Its organic growth, which has been increasing from 30% at the beginning of the year to almost 50% in the month of April, will have the promotion in the media to continue its brilliant rise.

The deadline for potential investors is next July 7, and the target amount to raise through Startupxplore is 375,000 euros. The tickets will be distributed in order of signing the letter of demonstrations until the total of the target amount is covered.

Caregivers, repairs or cleaning in 60 seconds

And is that if in recent years we are seeing that the collaborative is sweeping in all areas, could not miss an app that gave prominence to users and professionals and seek solutions in their own neighborhood or city, encouraging the trade of proximity. And it is clear that there was a niche market, because in just 15 months of travel and has almost 600,000 downloads.

Find a locksmith in your neighborhood in an instant? Solution in a moment an urgent problem of moving? A cleaning service, or locating a caregiver, a private teacher or a make-up artist when we literally do not have a minute to lose? All of them are examples of the urgent services that we can find through Heygo.

In 15 months of travel, Heygo already has almost 600,000 downloads

But in its very heterogeneous offer we can also find croupiers, teachers of plasticine workshops, flamenco shows, tarotistas, cleaning services, personalized cakes, wine tastings, pet sitters, locksmiths or boxing classes. Not in vain the app has almost 100,000 active users per month and more than 105,000 requests for quotes made on its platform.

And is that if in recent years we are seeing that the collaborative is sweeping in all areas, could not miss an app that gave prominence to users and professionals and seek solutions in their own neighborhood or city, encouraging the trade of proximity. And it is clear that there was a niche market, because in just 15 months of travel and has almost 600,000 downloads.

Heygo offers more than 156,000 services, more than any other app or web in Europe. With a team of senior engineers with high capacity for innovation and execution efficiency, it has the potential to become the largest peer-to-peer service contracting platform.