[October 21, 2014] |
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HomeZada Closes $2.1M Seed Round of Investment
SACRAMENTO, Calif. --(Business Wire)--
HomeZada, a digital home information platform for the entire homeowner
lifecycle, has closed a $2.1M Seed round. Investors include a venture
firm, individual angels and the company founders. The funding will
accelerate the development of the platform, increase brand awareness and
marketing to acquire new users.
HomeZada has proven that consumers value a single online application to
manage key information about their home. HomeZada provides consumers
with automated home
maintenance schedules, tools to budget and plan home
improvement projects, and the ability to keep a digital home
inventory of their home's fixed assets and possessions.
"Our consumer traction is with users who realize that their home is
their largest asset that needs to be managed in order to increase the
value while saving money maintaining it," said Elizabeth Dodson,
co-founder of HomeZada. "This seed round validates our vision and
provides the funding to grow our user base, our subscription revenues,
and expand the platform to handle the entire homeowner lifecycle."
The investors in this round are based in the Sacramento region and
across the United States. "Our investment in HomeZada is part of
continued support of early stage companies in the Sacramento region,"
said Lokesh Sikaria, Managing Partner of Moneta Ventures who
participated in the round. "HomeZada has a solid long-term vision and
the founding team has previous success building a software company."
The concept of consumers managing their own digital home records in a
single online application for their largest financial asset is an
enormous opportunity. HomeZada is easy for consumers to adopt because of
the various templates and smart recommendations that proactively inform
homeowners on what, how and when tasks need to get done.
"Managing a home can be tricky and time consuming if you cannot find
what you need, when you need it, in one location. HomeZada addresses
this need and keeps homeowners better organized and informed about their
homes," states Dodson. "HomeZada has been a truly valuable solution in
my personal life managing the many details of my home."
ABOUT HOMEZADA
HomeZada
is a digital home information platform that manages the entire homeowner
lifecycle including owning, selling and buying a home. The platform
helps people save money, improve the value and be better organized in
managing their home.
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