News and Announcements
Marketplace cleaning company TidyMe acquired by online tradie and services marketplace Oneflare
- Published November 26, 2018 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- Australia’s top-rated cleaning marketplace has been acquired by Oneflare.
- TidyMe has grown to be the leading platform connecting people with professional cleaners.
- This acquisition is part of a shift strategy for Oneflare, who are aiming to become the on-demand marketplace for Australians to book a variety of service providers.
Australia’s top-rated cleaning marketplace, TidyMe, has been acquired by Oneflare.
Oneflare is an online tradie and services marketplace who are aiming to shift their strategy in order to become the on-demand marketplace for Australians to book a variety of services including quoting, business directories, online reviews, and on-demand services.
Tidyme was founded in 2014 and has grown to be the leading platform connecting people with professional cleaners.
It now has professionals across Sydney, Melbourne, Brisbane and Perth.
The deal between TidyMe and Oneflare is one of seven deals the company had done in the past few years, which have equated to $8.2 million in cash.
Oneflare has also bought HomeHello, Local.com.au, WOMO and Renovate Forum and continues to operate these brands.
About TidyMe
TidyMe is a platform to connect homes with the highest quality local cleaners. We have systemised and automated the process of recruiting, vetting and deploying cleaners. We are number one in our category for quality, retention and traction. We are backed by Airtree VC and are raising a 1.5M growth capital to invest in geographic expansion and technology.
Company Updates
Sidney Myer’s grandson Michael Myer joins Valloop Australia as senior advisor
Valloop Australia has appointed seasoned founder, venture capitalist, and Sidney Myer’s grandson Michael Myer as Senior Advisor. Bringing four decades of business leadership, he will help Australian SME owners and their advisers evaluate employee ownership as a path to realise value and secure their legacy.
Industrial AI does not fail on models. It fails on context.
Operational Intelligence connects fragmented operational data and systems across an industrial facility, including control systems, historians and equipment data, to give operators and AI tools a connected view of what a plant is actually doing. It sits within the broader industrial software and Asset Performance Management market, where predictive maintenance is one application among several, and can be deployed on premises, at the edge or in airgapped environments where operational data cannot leave the site.
It looks like a fund with no thesis. It is not really a fund.
An umbrella fund structure holds multiple single-purpose sub-funds, each with its own unit class and segregated assets held in the trustee’s name. Investors select an individual project rather than acquiring exposure to the whole portfolio, which means they carry concentrated exposure to that project and do not obtain diversification across the fund’s other investments.
Backed By Leading Investment Groups and Family Offices
