
MiNeeds
Free service allowing users to receive proposals for their needs from local professionals.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
N/A | €0.0 | round | |
$4.0m | Series A | ||
Total Funding | 000k |
MiNeeds.com operates as an online marketplace designed to connect local consumers with service professionals. The company was founded in 2007 by Raed Malhas and Deniz Erkan, both former Microsoft veterans, and officially launched in 2008. The idea for the platform originated from Malhas's personal frustration when he struggled to find a specific type of massage therapist, highlighting a gap in the market for efficiently finding local services.
The platform's core function is a competitive bidding system. Consumers post their specific service requirements, ranging from home repair and legal services to event planning and wellness. Local service providers who are part of the MiNeeds network can then bid for these jobs. This model aims to empower consumers by creating a competitive environment that can lead to more affordable service options. For service professionals, the platform offers a direct channel to prospective clients actively seeking their skills.
Users of the site can discuss and rate the services they receive, building a community of trust and transparency. Service providers can also engage with potential customers by offering advice and answering questions, which helps in building their reputation on the platform. By early 2010, the platform had already attracted 25,000 service providers and was expanding its presence across numerous cities in the United States, indicating a period of significant growth. During one three-month period, it served over 13,000 customers.
Keywords: local service marketplace, professional service bidding, consumer to business, online service booking, local professionals, service provider network, hire local experts, competitive quotes, home services, event services, legal services, wellness services, Raed Malhas, Deniz Erkan, online marketplace, service bidding platform, local service providers, consumer needs, professional bidding, job quotes.