Oscar Raises €6M in Pre-Series A Funding

Here’s a summary based on the information provided:

Startup Information

• Startup Name: Oscar
• Founded by: João Marques (CEO)
• Location: Lisbon, Portugal

Fundraise Details

• Funding Amount: €6M
• Funding Round: Pre-Series A
• Date of Fundraise: 05/05/2025

Investors

• Co-lead Investors:
  • Indico Capital Partners
  • Lince Capital
• Participating Investors:
  • Failup Ventures
  • Boost Capital Partners

Business Overview

• Service Offered: Platform for on-demand home services
• Features:
  • Over 200 fixed-price tasks across 12 categories (e.g., plumbing, deep cleaning, beauty, gardening, car care)
  • Real-time availability and 30-minute arrival tracking
  • Collaborates with over 12k professionals
  • Fully managed service experience, not a marketplace

Expansion Plans

• Target Markets: Expanding operations in Portugal and Spain, and entering the UK market.

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2025-05-05 09:48:33