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HomeX

HomeX

Provides virtual and in-home repair services

About

HomeX provides a range of home repair services designed to assist homeowners with maintenance and repair needs. The company offers two main services: virtual technical assistance and in-home repair services. Through the Remote Assist service, clients can connect with a technician via call or video chat to receive expert advice and troubleshooting, which helps save time and costs. If the issue cannot be resolved virtually, HomeX can arrange for an in-home visit to ensure the problem is addressed effectively. HomeX differentiates itself from competitors by offering a flexible pricing model tailored to the specific project, allowing clients to pay only for the services they need. The goal of HomeX is to simplify the home repair process, making it more accessible and less frustrating for homeowners.

Company Stage

Private

Employees

51-200

Industries

Consumer Goods, Consumer Software

Total Funding

$90M

Headquarters

N/A

Founded

2017


Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $90M funding round led by New Mountain Capital provides significant financial backing for expansion across North America.
  • HomeX's dual approach of virtual and in-home services can lead to higher customer satisfaction and retention by offering convenient and efficient solutions.
  • The company's focus on leveraging advanced technology for home repair services positions it well for future growth and innovation.

What critics are saying

  • The home services market is highly competitive, with numerous established players that could challenge HomeX's market share.
  • Reliance on virtual assistance may face limitations in resolving complex issues, potentially leading to customer dissatisfaction.

What makes HomeX unique

  • HomeX uniquely combines virtual technical assistance with in-home repair services, offering a comprehensive solution that many competitors lack.
  • Their flexible pricing model ensures that clients only pay for the services they need, making it accessible to a wide range of budgets.
  • The integration of advanced technology, including a team with experience in building Alexa, sets HomeX apart in terms of technical expertise and innovation.

Growth & Insights
Headcount

6 month growth

-15%

1 year growth

-26%

2 year growth

-28%

Benefits

Competitive compensation packages

Equity

Performance-based incentives

Competitive benefits

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