MyBuilder
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 7.2m | 9.3m | 13.4m | 18.1m | 18.3m | 20.3m | 24.0m |
% growth | - | 29 % | 43 % | 35 % | 1 % | 11 % | 18 % |
EBITDA | 3.2m | 2.2m | <1m | 1.2m | <1m | 4.0m | 1.9m |
% EBITDA margin | 45 % | 24 % | 7 % | 6 % | 3 % | 20 % | 8 % |
Profit | 2.5m | 2.9m | 1.6m | <1m | <1m | 4.0m | 2.7m |
% profit margin | 35 % | 31 % | 12 % | 5 % | 5 % | 20 % | 11 % |
R&D budget | - | - | - | - | - | - | <1m |
R&D % of revenue | - | - | - | - | - | - | 1 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
€50.0k | - | ||
N/A | Seed | ||
N/A | $400k | Seed | |
N/A | Acquisition | ||
Total Funding | €414k |
Recent News about MyBuilder
EditMyBuilder operates as an online marketplace that connects homeowners with vetted and reviewed builders for various home improvement projects. The platform serves individual homeowners looking for reliable professionals to undertake tasks ranging from minor repairs to major renovations. MyBuilder operates in the home improvement and construction market, leveraging a digital platform to facilitate connections between clients and service providers.
The business model is based on a commission structure where builders pay a fee to MyBuilder for the opportunity to quote on jobs posted by homeowners. This ensures that only serious and committed professionals engage with potential clients. Homeowners can post their project requirements for free, review profiles, read feedback from previous clients, and select the best builder for their needs.
Revenue is generated primarily through the fees paid by builders, which can vary depending on the size and scope of the job. This model not only provides a steady income stream but also ensures a high level of service quality, as builders are motivated to maintain positive reviews and secure future work.
MyBuilder's market includes urban and suburban homeowners across the UK, with a strong presence in major cities like London and Newcastle. The company differentiates itself through a rigorous vetting process for builders, ensuring that only qualified and reliable professionals are listed on the platform.
Keywords: online marketplace, home improvement, vetted builders, homeowner services, construction projects, digital platform, commission-based, UK market, service quality, professional vetting.