Wecasa has successfully secured €18 million in Series B funding to enhance its position as a leader in at-home services across France and the UK, driven by strong investor interest and growth potential.
Information on the Target
Wecasa, a leading platform for at-home services in France and operating in the UK since 2021, has announced a Series B funding round of €18 million. This strategic investment was led by its historical investors, Serena and blisce/, alongside ISAI and newcomer iXO Private Equity. With this capital injection, Wecasa aims to enhance its capabilities to meet the increasing demand from European households seeking practical and accessible solutions to simplify their daily lives.
Since its inception in 2016, Wecasa has experienced robust growth, reporting a revenue of €60 million in 2024 and achieving profitability in the first half of the year. Remarkably, the company has maintained its workforce intact, avoiding layoffs while adding over 50 new employees this year. Wecasa foresees the creation of 50 additional positions over the next 12 to 18 months, further solidifying its commitment to employment in the sector.
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Industry Overview in the Target's Specific Country
The at-home services industry in France has been undergoing a transformation, driven by changing consumer lifestyles and an increasing demand for convenience. With more households seeking reliable services for cleaning, beauty, childcare, and wellness, pla
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Disclosed details
Transaction Size: $19M
Revenue: $63M