OSCAR, a Lisbon-based on-demand home services company, has successfully raised â¬6M in pre-Series A funding led by Indico Capital Partners and Lince Capital. This financing will facilitate OSCAR's expansion in Portugal and Spain while marking its entry into the UK market. Founded in 2019 by João Marques, OSCAR offers over 200 services ranging from plumbing to beauty, achieving significant growth, especially in Spain. The company's commitment to quality and transparency sets it apart in a sector often plagued by regulatory challenges and customer distrust, ensuring only vetted professionals provide services.
"As we continue to scale our operations, this funding is a testament to the confidence and commitment of our existing investors. With this support, we are well-positioned to further solidify our leadership in Iberia and move confidently towards the launch of OSCAR in the UK market."
"OSCAR's mission is to bring quality and transparency to the home services sector - a sector that has traditionally faced several challenges, such as a lack of regulation, undue charges, and an absence of effective trust and security mechanisms. All professionals on the platform go through a rigorous selection and verification process, ensuring that only the most qualified service providers are part of OSCAR."
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