Floating money

Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.

Monday, November 2: Handy hauls in $50 million, scales on-demand home service
On-demand home services startup Handy announced $50 million in new funding last week, Fortune reported. Fidelity led the round for the New York City-based startup, assisted by TPG Growth, General Catalyst, Highland Capital, and Revolution Growth. The round comes amidst the failure of fellow home services startup Homejoy, which offered a service similar to Handy — hiring home services professionals like plumbers and cleaners and sending them to users’ homes at the click of a button. Despite the failure of its rival, Handy is on the rise, looking to capitalize on the cash by doubling the list of 28 cities in which it’s available over the next year.

Tuesday, November 3: SweetIQ scores $4 million to turn online clicks into local purchases
Local marketing automation platform SweetIQ raised $4


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Source: Street Fight