Ecommerce / Investing

Home improvement startup ServiceWhale raises $1 million more

It's yet another raise for a local tech company that has an overseas development team.

Team ServiceWhale, with founder Dmitri Saveliev in the middle (with arms crossed). (Courtesy photo)

ServiceWhale, the startup that wants to be Amazon for home improvement projects, raised an additional $1 million, bringing its total fundraising to $2.5 million. It’s yet another raise for a local tech company that has an overseas development team.
They’ll use the money to further scale in Philadelphia and expand to New York.
The company did not disclose the existing investor behind the $1 million.
Led by founder Dmitri Saveliev of Princeton, N.J., ServiceWhale employs 15, half of which is a tech team based in Russia, while the other half is a sales and marketing team in Trevose, Pa. The company plans to add five more employees, split between the two teams.
In the last six months, we’ve noticed more and more funded tech companies with overseas development teams. They include Phenom People, the hiring startup that recently closed its Series A with West Coast investorseureQa, the test automation startup recently backed by Center City’s Gabriel Investments and Journey Sales, the MissionOG-backed sales software startup, all three of whom have a tech team in India, and venture-backed communication startup Nucleus, which works with developers in Israel.
Could this be another Philly tech model? After all, Journey Sales CEO Bill Butler did say that the Philly region has the best salespeople in the world. No offense, coders.

Companies: ServiceWhale

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