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Webel secures €1.4M
November 6, 2024·2 min read

Joy Laoun

News Editor, Vestbee

Spanish at-home services platform Webel secures €1.4M to expand globally

Madrid-based startup Webel, which develops at-home services platform, has secured €1.4 million to expand globally, as Vestbee was informed. Investors include Goodwater Capital, Decelera Ventures, and ZAKA VC.

  • Established in 2018 by Nacho Tejero, Carlos Estévez, Javier Ginés, and Guillermo Urquijo, Webel creates an app that connects users with a wide range of at-home services, including cleaning, handyman tasks, private lessons, sports coaching, childcare, pet services, and beauty services. 
  • The platform allows users to find, compare, and hire professionals easily, enabling professionals to promote their services, set their rates, and build trust with clients through reviews.
  • Webel operates in 20 cities, including Madrid, Barcelona, Alicante, Valencia, Málaga, Bilbao, and Palma de Mallorca, and recently expanded to London. Over the past year, the platform has grown by 650%, completing more than 300,000 transactions, with 230,000 in 2024 alone. It now connects 150,000 professionals with 400,000 customers.

Details of the deal

  • The investment was provided by Goodwater Capital, a California-based venture capital firm that supports tech companies tackling global challenges and improving lives. 
  • The round also received backing from existing international investors, including Decelera Ventures, which invests in early-stage startups, and ZAKA VC, a Czech Republic-based family office. In July, ZAKA VC announced the first close of its €15 million ZAKA VC Fund I, raising €10.5 million to support startups at the pre-seed and seed stages across Europe and the US.

"At ZAKA, we continue to invest in Webel because they exemplify the qualities we value in early-stage startups: Innovation, transparency, and data-driven growth. Our initial investment was driven by their unique platform leakage prevention feature, which incentivizes service suppliers to stay engaged by reducing fees and boosting visibility," Associate and Member of the Investment Committee at ZAKA VC, Samuel Zalesak, wrote in a statement. 

  • The new capital will support Webel's national expansion in Spain, international growth beginning with London, and the development of internal software to enable individuals and companies to manage services on the platform.

“With this capital injection, we can continue consolidating our national expansion, where we expect to close the year with 500% growth, while also opening the doors to international expansion, taking Webel outside Spain for the first time," Explains Nacho Tejero, CEO and co-founder of Webel.

Deals#News#Spain

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