# Pro.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pro-com

- Industry: Internet
- Headquarters: Seattle, US
- Website: www.pro.com
- Total disclosed funding: $51M
- Latest round: Series B (Jan 17, 2019)
- Investors on record: 12

## About

Pro.com, based in the US, is a service provider specializing in home improvement and construction project management, offering solutions that streamline processes for clients in the residential market.Founded in 2013 in Seattle, US, Pro.com operates as a provider of home improvement services and project management solutions. The company was established by Matt Williams, who has a history in the tech industry. In September 2021, Pro.com was acquired by OpenDoor Labs, Inc. through a deal that aims to expand OpenDoor's presence in Seattle and tap into local talent from competing firms. To date, Pro.com has engaged in 6 total deals, with the most recent funding round being a Series B, raising USD 33.00 mn, with participation from investors such as Draper Fisher Jurvetson and Goldman Sachs Merchant Banking Division.The company offers a range of innovative products and services designed to address specific challenges within its target market. Its core offerings focus on home improvement project management, which aims to enhance efficiency and drive performance for its customers. Released in recent years, these products are utilized across various sectors, with an emphasis on residential construction and renovation. The company serves a diverse clientele, including homeowners and contractors, thereby fostering a broad user base that benefits from its solutions. Geographically, the products are marketed and sold primarily in the US, ensuring a global reach that aligns with the company's strategic goals.The company generates revenue primarily through a structured model that combines both B2B and direct-to-consumer transactions. This involves partnerships and subscriptions that facilitate ongoing customer engagement and utilization of its products. Clients may opt for a subscription plan that provides access to project management tools and resources, ensuring they remain current with the latest offerings. Pricing structures are clearly defined, positioning flagship products such as project tracking software at competitive price points, catering to a variety of customer needs. This transactional framework enables the company to maintain robust revenue streams while delivering value to its clients.Pro.com plans to enhance its offerings with new tools and features aimed at improving the user experience, with specific launches anticipated in the next 12 months. The company is also targeting expansion into additional metropolitan areas across the US, with plans to enter markets such as San Francisco and New York City by late 2023. The recent funding from the Series B round will be utilized to support these initiatives, including the development of new product features and marketing efforts to attract a broader customer base.

## Funding rounds

- Series B, Jan 17, 2019, $33M — Draper Fisher Jurvetson, Maveron, Madrona Venture Group, Two Sigma Investments, Goldman Sachs Asset Management, West River Group, Redfin Corporation
- Series A, Sep 24, 2014, $14M — Maveron, Madrona Venture Group
- Seed, May 13, 2014, $3.5M — Redpoint Ventures, Madrona Venture Group, Two Sigma Investments, Andreessen Horowitz, Second Century Ventures, ACME Capital, Bezos Expeditions

## Investors

- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Seed
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Seed, Series A, Series B
- Two Sigma Investments (https://capitalatlas.ai/funds/two-sigma-investments) — Seed, Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Second Century Ventures (https://capitalatlas.ai/funds/second-century-ventures) — Seed
- ACME Capital (https://capitalatlas.ai/funds/acme-capital) — Seed
- Bezos Expeditions — Seed
- Maveron (https://capitalatlas.ai/funds/maveron) — Series A, Series B
- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B
- West River Group — Series B
- Redfin Corporation — Series B