CANTER CAPITAL LEADS $1.5M INVESTMENT IN LOCAL STARTUP, HOUSECALL
May 20, 2014, San Diego, CA— Today, Canter Capital announced they will lead the next round of venture funding for local San Diego startup, HouseCall, with a total investment of $1.5 million. Canter Capital has remained committed to supporting local emerging companies and has played a role in San Diego’s recent momentum in being identified as an entrepreneurial hotspot by both Forbes and Inc.com.
“It is crucial for local investors to recognize the incredible opportunities that San Diego’s thriving startup community has to offer,” stated Andrew Canter, CEO and Founder of Canter Capital. “HouseCall is a perfect example of this potential and I am proud to be a part of creating jobs and allowing for growth right here in San Diego.”
Launched in 2013, HouseCall takes the hassle out of home maintenance by connecting users to the best local home service professionals in the area to provide anything from small home repairs to movers. Canter saw first-hand the demonstrated success of their business model filling a need in the home services industry through Canter’s real estate brokerage company. This second round of seed funding will provide new resources to HouseCall, which will enable them to expand the software development team, develop an Android version and drive business development growth into new markets.
“This is a great investment partnership for HouseCall as we move to expand our development team here in San Diego,” stated Ian Heidt, CEO and Co-Founder of HouseCall. “Canter is more than an investor for us, they will also be a strategic partner as we continue to expand our market and reach new customers.”
HouseCall’s founders were formerly founders of Qualcomm Labs, an incubator focused on leading innovation in new wireless product development. They founded HouseCall with the aim of changing the $200 billion home services market by tapping into the app-based, smart home industry. According to NextMarket Insights the smart homes service industry is expected to grow from its current $2 billion state to $10.9 billion by 2017.
MEDIA CONTACT: Corinne Clark, Crux Partners, Corinne@cruxpartners.com, (619) 890-0620
About Canter Capital:
Canter Capital, one of four footholds that make up San Diego based Canter Companies, vigorously pursues investments in a variety of technology and startup sectors. Canter Capital has leveraged experiences and relationships by sourcing various opportunities in Private Equity, Incubation funding, and Seed Investing. Through various subsidiaries, Canter Capital has purchased ownership interests in a variety of sectors including Social Media, Mobile, Advertising, and Solar Companies that have now become household names. They have also created numerous funds to allow accredited investors access to Canter Companies’ many real estate investments.
HouseCall is the app for your house. Launching first in San Diego, with more markets coming soon, HouseCall takes the hassle out of home maintenance by connecting you to trusted neighborhood service professionals at the push of a button. Homeowners can order everything from an electrician, emergency plumber to tech geek support. Learn more at .