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LawnGuru Closes $1 Million Seed Round, Moves to Ann ArborLawnGuru, the on-demand marketplace for lawn mowing and snow removal services, today announced that it closed a $1 million seed funding round, led by Sierra Wasatch Capital. Other participants included Canyon Creek Capital, Briggs and Stratton and Sequoia Capital's (News - Alert) scout program. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160725006157/en/ 
LawnGuru Team Closes $1 Million Seed Round, Moves to Ann Arbor (Photo: Business Wire) LawnGuru will use the investment to support its national growth and expansion while continuing the research and development of the company's technology. In addition to closing its seed round, LawnGuru has recently achieved a series of exciting milestones. The company has grown its revenue by over 1100 percent since 2015. In April it moved headquarters to a new office in downtown Ann Arbor and this summer LawnGuru will be releasing an all-new Android (News - Alert) version of its app. To accommodate its growth, LawnGuru is hiring several key positions, including sales, customer service, and marketing. "While LawnGuru has been celebrated by consumers and service providers alike, it's the experience of its co-founders and management team that truly separate the platform from its competition and prepares the company for explosive growth," explained Todd Sullivan, Sierra Wasatch Venture Partner. Co-founders, Brandon Bertrang, and Skye Durrant began cuttings lawns together in high school. Prior to launching the LawnGuru platform they had built a multi-million dollar lawn and landscape business. "Our time spent in this industry has given us an exceptional understanding of both sides of this marketplace," explains LawnGuru Co-founder and CEO, Brandon Bertrang. LawnGuru was actively recruited to the region by Ann Arbor SPARK after returning from the prestigious Mountain View accelerator and venture firm, 500 Startups. Last fall the company also won $25,000 for best new product & service at the 2015 Accelerate Michigan Innovation Competition. "Ann Arbor SPARK has been a tremendous resource to LawnGuru, connecting the company with local talent, internship opportunities, and helping to build its presence in the Ann Arbor and Detroit tech community," explained Bill Mayer, Ann Arbor SPARK vice president, entrepreneurial services. "Going forward, we'll continue to provide support for LawnGuru's talent and business development needs. It's exciting to have this fast-growth company in the Ann Arbor region." About LawnGuru Ann Arbor, Mich.-based LawnGuru provides on-demand lawn care and snow removal services, ordered through web and mobile applications. With the click of a button, LawnGuru instantly connects consumers with the best local outdoor service providers to take care of their lawn and snow removal needs within hours of each request. Consumers are delighted by the platform's simplicity, convenience and price. Service providers are amazed with the increased revenue, speed of payment and ease of acquiring new nearby business. For more information, visit www.LawnGuru.co. About Ann Arbor SPARK Ann Arbor SPARK, a non-profit organization, is advancing the region by encouraging and supporting business acceleration, attraction and retention. The organization identifies and meets the needs of business at every stage, from start-ups to large organizations. Ann Arbor SPARK collaborates with business, academic, government, and community investor partners including the University of Michigan, Eastern Michigan University, Washtenaw Community College, Washtenaw County, Livingston County, the Ann Arbor/Ypsilanti SmartZone (LDFA), Washtenaw County /Michigan Works!, the City of Ann Arbor, Bank of Ann Arbor and the Michigan Economic Development Corporation. For more information, please call (734) 761-9317 or visit www.AnnArborUSA.org.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160725006157/en/ |
