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With a team that helped build the brain behind Alexa, HomeX raises $90M

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Posted by HomeX

Apr 13, 2021

HomeX, a home services platform for homeowners and service providers, has raised $90 million in a funding round led by New Mountain Capital.

New Mountain Capital, a New York-based investment firm with more than $30 billion in assets under management, was the only institutional investor to put money in this round alongside company executives. The company was bootstrapped until a 2019 $50 million-plus debt financing.

Founded in 2017, Chicago-based HomeX aims to “radically improve” home services by pairing service workers with homeowners, both virtually and in person. It also has built software, and offers services for, contractors that are aimed at helping them drive and manage demand “more efficiently.”