Teddle Limited
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Teddle Limited - overview
Established
2011
Location
London, England, UK
Primary Industry
Internet
About
Hassle. com is a UK-based online platform that connects customers with local cleaning professionals, offering a convenient way to book and manage home cleaning services efficiently. Founded in 2011, Hassle. com specializes in linking individuals with trusted local cleaners.
The company is headquartered in London, UK. It raised USD 6. 00 mn in a Series A funding round led by Accel on September 14, 2016, which comprised its total raised amount of USD 6. 00 mn.
The company has successfully completed five deals in total. Hassle. com provides an online platform allowing users to schedule domestic cleaning services with local cleaners. Their services include standard cleaning, deep cleaning, and specialized cleaning options, catering to homeowners and renters in major UK cities like London, Birmingham, Manchester, and Bristol.
Hassle. com generates revenue through transaction fees for cleaning services booked via its platform. Pricing varies by service type and duration, and the company operates on a direct-to-consumer model, facilitating seamless transactions between clients and cleaners. Additionally, service commissions are applied to payments made to cleaners, ensuring a streamlined payment process.
In September 2016, Hassle. com raised venture financing to enhance its operations. The company plans to leverage this funding to expand its service offerings and explore new geographic markets. Specific details about new product launches or target regions have not been disclosed.
Current Investors
Techstars , Helpling GmbH & Co. KG
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform, Customer Relationship Management
Website
www.hassle.com
Verticals
E-commerce
Total Amount Raised
Subscriber access only
Teddle Limited - timeline of key events
Teddle Limited - financials
| Fiscal Year Ended | Mar 31, 2015 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 520,537 | 804,296 | - | 1,454,288 | 1,290,393 | 1,251,344 | 670,896 | 499,370 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | (11.3%) | (3.0%) | (46.4%) | (25.6%) | - | - | - |
| EBITDA (USD) | (2,945,596) | (3,117,512) | - | (2,188,105) | (1,100,567) | (755,013) | (758,057) | (518,996) | - | - | - |
| Operating Income (USD) | (2,961,504) | (3,135,527) | - | (2,211,617) | (1,114,854) | (756,466) | (759,428) | (527,797) | - | - | - |
| Operating Margin | (568.9%) | (389.8%) | - | (152.1%) | (86.4%) | (60.5%) | (113.2%) | (105.7%) | - | - | - |
| % EBITDA Margin | (565.9%) | (387.6%) | - | (150.5%) | (85.3%) | (60.3%) | (113.0%) | (103.9%) | - | - | - |
| NET Income (USD) | (2,946,534) | (3,134,251) | - | (2,211,454) | (841,807) | (694,853) | (706,079) | (499,724) | - | - | - |
| % Net Margin | (566.1%) | (389.7%) | - | (152.1%) | (65.2%) | (55.5%) | (105.2%) | (100.1%) | - | - | - |
Teddle Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Teddle Limited | - | ||||||||
| Add-on, Trade Sale | Completed | Teddle Limited | - | ||||||||
| Series A | Completed | Teddle Limited | - | ||||||||
| Seed | Completed | Teddle Limited | - | ||||||||
| Seed | Completed | Teddle Limited | - |
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Teddle Limited - employee data
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