Exec (errand service)

Exec was a company based in San Francisco, USA, that provided companies and individuals access to on-demand personal assistants (for delivery, furniture assembly, research, etc.) and cleaning services.[1] Started by Justin Kan, founder of Justin.tv, in February 2012 with co-founders Daniel Kan, his brother, and Amir Ghazvinian, Exec was backed by Y Combinator and other prominent investors. The company was acquired by Handy (company) in January 2014.

History

Exec received $3.3 million in seed funding.[2] [3] In September 2013, Exec shut down its errand service to focus on its cleaning service .[4] In January 2014, Handybook, a company founded by Oisin Hanrahan, Umang Dua, Ignacio Leonhardt, and Weina Scott in 2012 announced that it had acquired Exec.[5]

Business method

Exec’s errand service had no auction process, and was not an open marketplace. The jobs were dispatched to nearby individuals with the appropriate skills and good ratings, at a flat rate of $38 an hour .[3]

Reception

Exec was nominated for Techcrunch's 2012 TechCrunchie Award for Fastest Rising Startup.[6] Exec’s cleaning service garnered positive reviews from web publications such as TechCrunch praising their professionalism and efficiency.[7] Exec also received positive coverage by other publications such as The New York Times, Huffington Post, Forbes, Inc., and Business Insider.[3][7][8][9][10]

References

This article is issued from Wikipedia - version of the Wednesday, September 17, 2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.