Exec (errand service)

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Exec was a company based in San Francisco, USA, that provided companies and individuals access to on-demand personal assistants (for delivery, furniture assembly, research, etc.) and cleaning services.[1] Started by Justin Kan, founder of Justin.tv, in February 2012 with co-founders Daniel Kan, his brother, and Amir Ghazvinian, Exec was backed by Y Combinator and other prominent investors. The company was acquired by Handy (company) in January 2014.

History

Exec received $3.3 million in seed funding.[2] [3] In September 2013, Exec shut down its errand service to focus on its cleaning service .[4] In January 2014, Handybook, a company founded by Oisin Hanrahan, Umang Dua, Ignacio Leonhardt, and Weina Scott in 2012 announced that it had acquired Exec.[5]

Business method

Exec’s errand service had no auction process, and was not an open marketplace. The jobs were dispatched to nearby individuals with the appropriate skills and good ratings, at a flat rate of $38 an hour .[3]

Reception

Exec was nominated for Techcrunch's 2012 TechCrunchie Award for Fastest Rising Startup.[6] Exec’s cleaning service garnered positive reviews from web publications such as TechCrunch praising their professionalism and efficiency.[7] Exec also received positive coverage by other publications such as The New York Times, Huffington Post, Forbes, Inc., and Business Insider.[3][7][8][9][10]

References

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  1. Exec | CrunchBase Profile
  2. Exec Scores $3.3M To Do Odd Jobs, On-Demand, For A La Carte Pricing
  3. 3.0 3.1 3.2 Justin Kan Launches Exec For Real-Time Mobile Jobs, Forbes, February 29, 2012.
  4. R.I.P. Lazy Times: Exec Shuts Down Errand Service But Keeps Cleaning
  5. Handybook Hoovers Up Exec For “Under $10M” To Sweep The Home Services Market
  6. http://money.cnn.com/news/newsfeeds/gigaom/articles/2013_01_03_revealed_the_finalists_for_the_2013_crunchies.html
  7. 7.0 7.1 Want To Pitch A VC While He Cleans Your House? Exec And Shervin Pishevar Thought So | TechCrunch
  8. Exec, Task Service Company, Sends Employees To Volunteer On Users' Behalf
  9. Justin.tv Founder Strikes Again | Inc.com
  10. Exec Charity Work - Business Insider