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DSO News: Posts Tagged "startup ireland"

Dublin entrepreneur bags €22m for web startup

Thursday, June 12th, 2014

An Irish entrepreneur has raised $30m (€22m) in funding for what is being described as the ‘Airbnb of home handyman services’.

Dubliner Oisin Hanrahan has landed the huge round of investment for the company he co-founded, Handybook.

Handybook is an online service where people can book a cleaner, plumber or general handyman quickly at an agreed price.

Hanrahan said that they would use the money to keep building the company out.

“We have 140 people in the team today and we’ll probably scale that a little more,” he told Independent.ie. “We’ll double the size of our mobile team as we’re seeing more people move toward mobile than ever before.”

Hanrahan said that the strength of the business model was its simplicity.

“It’s as simple as Hailo or Uber,” he said. “The only other way to do this is to respond to ads on Craigslist or similar services.”

He said that the service has been jumped on by handymen and tradesmen.

“For the handyman, you just claim the job,” he said. “It’s like an ATM in your pocket. We’ve got thousands of handymen using the service now.”

Although currently only available in the US and Canada, Hanrahan said that a move to European cities, including Dublin, was a logical step in the future.

“We think this is a service that is applicable in most major services in the world,” he said. “It’s not US restricted. We’ll look at other cities in time. But right now we don’t really need to add lots more cities to grow the company. We’re growing 10pc week over week and are now seven times bigger than we were at the beginning of the year.”

Having formerly helped to run the Dublin-based service miCandidate, Hanrahan left Harvard Business School after just a year to start the company with co-founder Umang Dua. The startup bagged €7m in funding late last year, bringing its combined financial backing to $42m (€29m) in just two years. It now employs 130 people.

Hanrahan, a TCD economics graduate, worked in real estate in Eastern Europe before working on startups with Paddy Cosgrave, the founder of Dublin’s Web Summit. He also worked in venture capital with Accel Partners in London.

- See more at: http://www.independent.ie/business/technology/news/dublin-entrepreneur-bags-22m-for-web-startup-30347238.html#sthash.MzQb3qML.dpuf

 

If you’re a startup and looking for a virtual office in Dublin give us a call at Dublin Serviced Offices 01 2020212

Have a Start-up Idea?

Friday, May 2nd, 2014

Have a Start-up Idea?

If you have a new business idea, you may qualify for funding and supports from Enterprise Ireland or from your Local Enterprise Office:

 

Enterprise Ireland – Start-up Team

If your start-up business has the potential to develop an innovative product or service for sale on international markets and the potential to create 10 jobs and €1m in export sales within 3 to 4 years of starting up, then you may qualify for assistance from Enterprise Ireland as a High Potential Start-up (HPSU). If you feel that your business is a HPSU, our Start-up Team is available to discuss your idea and start-up needs and direct you to the most appropriate supports.

To learn more about what we look for in a start-up proposition and how we work with HPSU companies, go to our Start-up Section.

 

Enterprise Ireland – New Frontiers Entrepreneur Development Programme

New Frontiers is Ireland’s national entrepreneur development programme run in partnership with the Institutes of Technology. The programme is designed to support entrepreneurs with innovative business ideas who are planning to establish and run their own company. A range of supports including mentoring, incubation space and a €15,000 scholarship payment are provided to help accelerate the development of the business and to equip the promoter(s) with the skills and contacts needed to successfully start and grow a company.

For more information, go to New Frontiers Enterpreneur Development Programme.

 

 

Local Enterprise Office (LEO)

Local Enterprise Office provides advice, information and support to you in starting up or growing your business. With 31 dedicated teams across the Local Authority network in Ireland, Local Enterprise Offices offer a first-stop shop for entrepreneurs. Supports available include:

  • Start-your-own-business training courses.
  • Market research information.
  • Business planning advice and templates.
  • Access to experienced business mentors.
  • Feasibility grants and co-investment for your plans.

Further information is available from your nearest Local Enterprise Office.

 

If you are a startup, and you want to project a professional business address, please get in touch with is at DSO.

Regards, Paul McCarthy
www.dso.ie