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Venture Capital News: PipeDreams Inks $25.5M Series A Round

2024-03-26
SAN FRANCISCO, CA, PipeDreams, a tech-enabled home services provider, today announced $25.5 million in Series A funding led.
The round was by Canvas Ventures and Plural, bringing its total equity funding to $39M. Angel investors include Tony Xu, the founder of DoorDash; Thomas Layton, the founder of CitySearch, former CEO of OpenTable, and Chairman of UpWork; and Allison Pickens, former COO at Gainsight. PipeDreams's mission is to become the most reputable home service provider in every market nationwide.

PipeDreams is a tech-enabled home services provider. PipeDreams businesses receive 5 stars on 91% of customer reviews. The company acquires leading businesses in local markets, employs all its tradespeople, and integrates its proprietary technology stack to improve their earnings, productivity, and quality of life while continuing to deliver great services for customers.
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