Jiffy Inc.

Based in Toronto, Canada, Jiffy Inc. provides on-demand home maintenance services through an intuitive application, connecting users with certified professionals for various household tasks. Jiffy Inc. was founded in 2015 in Toronto, Canada, specializing in connecting customers with vetted home maintenance professionals.

The company has completed four deals, with the most recent funding round occurring in October 2024, where Intact Financial Corporation acquired Jiffy from investors including Golden Ventures, Hedgewood, and Two Small Fish Ventures for undisclosed terms. The founders include Jaimie Grossman, Paul Arlin, and Ryan Shupak, with Karen Brooks serving as the CEO. Jiffy specializes in providing on-demand home maintenance services through a user-friendly application. Their core offering connects customers with Jiffy Certified Professionals who are vetted for licensing, ratings, and background checks.

This platform facilitates the completion of small jobs around the house without the need for extensive shopping or vetting processes by the clients. Typical use cases include tasks such as handyman services, plumbing, electrical work, and general home repairs, catering primarily to homeowners and renters seeking reliable assistance in urban areas. Jiffy’s services are particularly focused on major metropolitan markets, including cities like Toronto, where demand for quick and trustworthy home maintenance is prevalent. Jiffy operates on a transaction-based revenue model, where customers pay for services rendered by the professionals within their network.

Each job request generates a fee from clients, who are charged transparent rates upon booking a service through the app. This structure allows for direct-to-consumer transactions, ensuring efficient payment processing and service delivery. While specific pricing plans are not disclosed, clients expect to see competitive rates that reflect the quality and reliability of the services provided. This model facilitates a sustainable revenue stream as it aligns the interests of both Jiffy and its network of professionals in delivering high-quality, timely home maintenance solutions.

In October 2024, Jiffy Inc. was acquired by Intact Financial Corporation, a move designed to enhance their online maintenance service offerings. This acquisition may support potential expansion into new markets as Intact looks to leverage Jiffy’s unique service model. The recent funding will likely be directed towards bolstering Jiffy’s service capabilities and expanding its geographic reach.