Funding

Webel funding news – Madrid-based Webel Raises €1.4 Million in Fresh Funding

Nov 7, 2024 | By Kailee Rainse

Webel funding news - Madrid-based Webel Raises €1.4 Million in Fresh Funding

Webel, an online platform for booking various at-home services, has raised €1.4 million in new funding to support its international growth.

SUMMARY

  • Webel, an online platform for booking various at-home services, has raised €1.4 million in new funding to support its international growth.
  • Webel was designed to make life easier by letting users book any service without leaving home.

The funding round was led by Goodwater Capital, a consumer tech fund from Palo Alto, with additional investment from Decelera Ventures and ZAKA VC. With this investment, it has launched its services in London, marking its first step into international markets.

Nacho Tejero, Webel’s CEO and Co-Founder said, "Currently operating in 19 cities across Spain, Webel is committed to transforming how users hire at-home services by enabling them to compare qualified professionals and book services efficiently. 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. Our model is unique, and we are 50% cheaper than any competitor, giving us a significant competitive advantage that will help us conquer similar markets.”

As part of its growth plan, it is adding business-focused solutions to its platform. The company plans to offer software that helps businesses manage and promote their services to it’s expanding user base. This will give both individual users and businesses more options and support it’s goal of cross-selling services across different categories.

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Samuel Zalesak, Associate and Member of ZAKA’s Investment Committee said: “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. This in turn allows Webel to expand efficiently while fostering strong relationships with service providers. Webel’s exceptional reporting capabilities, adaptability, and operational transparency further solidified our confidence, making them a standout in our portfolio. Their strategic approach has been a key driver of their continued success and growth.”

Changing trends in at-home service hiring

The at-home service industry has changed a lot recently, mainly because younger generations prefer easy digital solutions for everyday tasks.

It has grown quickly, seeing a 650% increase in services over the past year. It has completed over 300,000 transactions, mostly in 2024. The platform now has more than 150,000 professionals and serves over 400,000 users.

About Webel

Webel was designed to make life easier by letting users book any service without leaving home. It offers everything from household maintenance to personal care. At the same time, professionals can promote their services, set their own prices, and build trust with clients through reviews.

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