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Bizzby Raises $10M From Hedge Fund To Take On TaskRabbit In UK

Tech Crunch – On-demand services marketplace Bizzby has raised $10 million, and claims to have reached 40,000 users its first three months of operation this year with a smartphone app resembling TaskRabbit-style services. The investors was undisclosed but sources say the investor is a US-based Hedge Fund with over $25B under management. Bizzby offers on-demand access to tradespeople such as cleaners, plumbers, electricians, handymen and others.

All jobs are guaranteed by Bizzby and fulfilled in seconds via its “InstantPay” system which pays out to the supply network the moment jobs are completed as opposed to week or monthly payouts.

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