Madrid’s Webel closes €4.3 million pre-Series A round to evolve into a home services “super app” across Europe

Madrid's Webel secures substantial pre-Series A funding to advance its mission of becoming a comprehensive European home services "super app." This significant €4.3 million investment, primarily from existing backers including Trind Ventures, aims to fuel aggressive growth, technological enhancements, and a broader European market penetration. The injection of capital signals strong investor confidence in Webel's vision to simplify access to essential home services. The platform currently boasts over 2 million users and approximately 350,000 registered professionals, facilitating nearly one million service listings. Webel differentiates itself by offering competitive pricing, 30-40% lower than rivals, and lower commissions for professionals who retain control over their pricing and client relationships. This lean operational model, coupled with a focus on product development leading to increased organic traffic, has underpinned its impressive expansion, growing 7.5x since 2022. This funding round is critical for Webel's strategic shift from a specialized cleaning app to a multifaceted home services marketplace. The capital will be deployed towards marketing and product development, specifically to bolster visibility for newer categories like electricians, plumbers, renovations, and childcare services. This expansion broadens Webel's addressable market and sets the stage for its planned revenue tripling by 2026, as it aims for profitability and continued international expansion beyond its current operations in 31 Spanish cities and the UK.
Curated and translated by Europe Digital for our multilingual European audience.
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