BuildZoom (YC W13) raises $1.4M from Formation 8 and angels, has over 3M licensed building contractor listings

by Y Combinator6/25/2013

BuildZoom, the Y Combinator-backed service designed to connect homeowners with licensed contractors, is today announcing having closed on $1.4 million in seed funding, in a round led by Formation 8 (Joe Lonsdale). The company plans to use the additional funding for hiring and continued product development, with a specific focus on improving some of the site’s consumer-facing tools, like its online project gallery, Q&A section, and marketplace.

Also participating in the round were Hydrazine Capital (Jack & Sam Altman), DV Playground, Digital Garage (DG Incubation), Goldcrest Investments (Adam Ross), Netprice Partners, Michael Liou, Ted Geary, Ullas Naik, Pankaj Shah, Jason Young, and Dakin Sloss.

The service launched this March with over 2.5 million contractors in its database, which was built using public record data from state licensing boards, as well as select data from the Better Business Bureau. Today, the site includes 3 million licensed contractors, 25,000 of whom have now claimed their profiles and uploaded around 60,000 photos of their work.

Read the full article at Techcrunch

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  • Y Combinator

    Y Combinator created a new model for funding early stage startups. Twice a year we invest a small amount of money ($150k) in a large number of startups (recently 200). The startups move to Silicon