NexDo has now raised more than $ 2 million in total funding, including more than $ 1.5 million in seed capital from venture capital firm Maker Partners to expand its home services platform.
NexDo Founder Sakshin Niranjan
The Auckland-based company’s app, which connects customers to approved and qualified service providers for home cleaning, lawn mowing and other home services, has grown aggressively over the past 12 years. months with a strong focus on the Auckland region.
NexDo founder and majority shareholder Sakshin Niranjan said the new investment would be used to “expand the business into new markets, develop platform technology, and assist with geographic expansion plans in Wellington and Christchurch. over the next 12 months “.
âWe are really excited about this round of funding,â said Niranjan. âThis will help us bring our platform to more people and make it even easier for them to get quality home services. “
The fundraiser was led by Maker, a newly formed early-stage venture capital fund that focuses on scaling New Zealand’s top innovators, new thinkers and producers. The partnership is a collaboration between Marko Bogoievski, CEO of Ex Morrison & Co / Infratil, Rod Snodgress, Founder and CEO of Spark Ventures, serial entrepreneur / start-up investor Jonathan Reid and prolific entrepreneur / technologist Hemant Walter-Rao .
Sakshin Niranjan helped start New Zealand rideshare company Ola in competition with Uber before leaving to launch his latest NexDo business and has the full backing of investors and the very experienced board of directors.
Consumers have received the app well, with more than 5,000 customers served in Auckland alone. NexDo plans to increase this number and with the new investment adding new services, improving the customer experience through the app and expanding geographically to other New Zealand cities such as Christchurch, Wellington, etc.
NexDo is an app that connects customers with approved and qualified service providers for house cleaning, gardening, and other home services. NexDo has now raised over $ 2 million. Launched in late 2019, NexDo is a mobile app that connects customers with licensed and qualified service providers for home cleaning, lawn mowing, mobile car washing, pest control and other services. home. They aim to provide an unprecedented quality of service to kiwi households and to empower local businesses at the same time.
Maker leads the pre-seed and seed investment cycles. Focused on world-class innovators, new thinkers and producers, Maker seeks to create a portfolio of disruptive new products or platforms operating in existing value chains. With a mandate of quality rather than quantity, Maker provides access to expertise and proven experience. This is the fund for entrepreneurs who have the potential to make a real difference. Its Partners, Investors and Supporters are among the best of the best. Through them, Maker companies have access to unmatched knowledge, seasoned networks and support, and a relentless pursuit of growth.
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