Singapore’s Helpling Secures Funding from Tamedia AG, Enters Switzerland

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Helpling
Photo from Helpling's Facebook page

Helpling, a Singapore-based online marketplace for household services has expanded into Switzerland after receiving a seven-figure investment from Tamedia AG.

This step strengthens Helpling’s position as Singapore’s leading brand in the household services space, the company said in a statement.

Helpling.ch enables customers in Switzerland to find their perfect cleaner and to book cleaning services with just a few clicks. The service is available in twelve cities across Switzerland including Zurich, Geneva, Basel, Bern, and Lausanne. Helpling is now active in 10 countries on three continents.

As part of the expansion, Helpling acquired the Swiss business from its former competitor Book a Tiger, who has decided to focus on B2B customers in Germany.

The company already serves thousands of regular customers. Helpling and Tamedia AG, Switzerland’s leading Media Group, see great potential in the Swiss market and will focus on the rapid expansion of the business. To support the envisaged growth, Tamedia AG has invested a seven-figure amount.

“We have acquired a well-established business and won a great local partner with Tamedia. Helpling has made great progress over the last years and we are looking ahead from a position of strength. Further expansion to more markets and additional services are on our roadmap,” Benedikt Franke, Co-founder of Helpling, said.

Helpling was founded in 2014 and has helped hundreds of thousands of households find their perfect cleaner and has supported tens of thousands of service providers in their business.

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On the Helping platform, service providers are able to set their own prices and present their services through an online profile. Customers can select their cleaner based on various criteria, such as experiences from other customers, ratings or price.

Customers and cleaners both benefit from the automatic invoicing, secure online payment, customer service and a insurance against damages.

Helpling was founded in 2014 by Benedikt Franke and Philip Huffmann. Among its investors are Mangrove Capital, Lakestar, Rocket Internet, Accel, and Unilever Ventures. Helpling is active in 10 Countries on three continents: Australia, France, Germany, Ireland, Italy, Netherlands, Singapore, Switzerland, United Arab Emirates (UAE), and the United Kingdom (UK). – AsiaPEVC.com

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