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HBS Dropouts' Startup Handybook Raises $30M from AOL Co-Founder's Fund


Handyboo-Oisin-and-Umang-e13958483556061

Two years ago, a pair of Harvard Business School students, Oisin Hanrahan and Umang Dua, wanted to find a quick and easy way to connect consumers with reliable home improvement and cleaning professionals. In a matter of months, the two-person team raised $2 million in funding to turn their idea into a reality, and proceeded to drop out of the Ivy League institution to pursue the project full-time. And it looks like they made the right choice. On Wednesday, Hanrahan and Dua's company, Handybook, raised another $30 million in Series B.

The round was led by Revolution Growth, a $450 million fund started by AOL Co-founder Steve Case and Donn Davis, and brings the company’s total financing to $49 million.

Adding Ignacio Leonhardt and Weina Scott to its founding team, Handybook first launched in Boston and New York City in 2012. Since then, the startup has shifted its headquarters to the Big Apple full time and expanded into 26 cities across the U.S.

“We’re focused on creating the best end to end consumer experience at Handybook," said Handybook Co-founder and COO, Umang Dua, in a statement.  “From ease of booking to working with trusted professionals to provide best in class service, our goal is to build an ongoing relationship with our customers who continue to turn to us for all their service needs within the home.”

The on-demand cleaning and repair company acquired Unsully, local mobile car washing service startup, back in March. The deal brought Joe Nigro, Unsully co-founder and former Vsnap employee, into the business as the Boston area’s general manager.

Writer's Note: A previous version of this article failed to mention Ignacio Leonhardt and Weina Scott as founders. The post has since been updated. 

Image via Forbes


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