Service Souk DMCC
Latest round
- Series B
Last raised
- Sep 2018
Total raised
- $7M
Investors
- 2
About Service Souk DMCC
Founded in 2013 in Dubai, United Arab Emirates, Service Souk DMCC operates as a home services marketplace.ServiceMarket operates as a comprehensive home services marketplace, offering a diverse range of over 25 services tailored to meet the needs of residential and commercial customers in Dubai and the broader Middle Eastern region. The company connects users with licensed and vetted service providers for various tasks, including moving, cleaning, maintenance, and gardening. By streamlining the process of finding and booking home services, ServiceMarket aims to simplify the user experience and ensure high-quality service delivery. Their customer base includes homeowners, businesses, and families looking for reliable service providers, enhancing convenience and efficiency in managing home-related tasks.ServiceMarket generates revenue through a transaction-based model that facilitates the connection between service providers and customers. The company enables users to book services directly through its platform or request quotes from various service partners, allowing for flexibility in service selection. Transactions are structured around a commission model, where ServiceMarket takes a percentage of the fees charged by service providers for completed jobs. This includes flagship services such as moving, cleaning, and maintenance, which are critical in the local market.C. acquired Service Souk DMCC for an undisclosed amount. This acquisition is expected to enable Emirates Telecommunications Group to expand its digital services. There are no specific details available regarding new products or geographic expansion plans at this time.
Who invested in Service Souk DMCC
2 investors across 2 rounds
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Questions about Service Souk DMCC
Who invested in Service Souk DMCC?
Service Souk DMCC has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Service Souk DMCC raised?
Service Souk DMCC has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Service Souk DMCC last raise money?
Service Souk DMCC's most recent round on record is a Series B, in Sep 2018.
What does Service Souk DMCC do?
Founded in 2013 in Dubai, United Arab Emirates, Service Souk DMCC operates as a home services marketplace.
Where is Service Souk DMCC headquartered?
Service Souk DMCC is headquartered in Dubai, United Arab Emirates.
Which VCs invest in companies like Service Souk DMCC?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back marketing/advertising companies at Service Souk DMCC's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Series B
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