Exec (errand service)

Last updated

Exec was a company based in San Francisco, United States, that provided companies and individuals access to on-demand personal assistants (for delivery, furniture assembly, research, etc.) and cleaning services. 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 in January 2014.

Contents

History

Exec received $3.3 million in seed funding. [1] [2] In September 2013, Exec shut down its errand service to focus on its cleaning service . [3] 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. [4]

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 . [2]

Reception

Exec was nominated for Techcrunch's 2012 TechCrunchie Award for Fastest Rising Startup. [5] Exec’s cleaning service garnered positive reviews from web publications such as TechCrunch praising their professionalism and efficiency. [6] Exec also received positive coverage by other publications such as The New York Times, Huffington Post, Forbes, Inc., and Business Insider. [2] [6] [7] [8] [9]

Related Research Articles

Benchmark is a venture capital firm founded in 1995 by Bob Kagle, Bruce Dunlevie, Andy Rachleff, Kevin Harvey, and Val Vaden.

<span class="mw-page-title-main">Evan Williams (Internet entrepreneur)</span> American technology entrepreneur

Evan "Ev" Clark Williams is an American billionaire technology entrepreneur. He is a co-founder of Twitter, and was its CEO from 2008 to 2010, and a member of its board from 2007 to 2019. He founded Blogger and Medium, two of the largest blogging internet platforms. In 2014, he co-founded the venture capital firm Obvious Ventures. As of February 2022, his net worth is estimated at US$2.1 billion.

<span class="mw-page-title-main">Justin Kan</span> American internet entrepreneur and investor

Justin Kan is an American internet entrepreneur and investor. He is the co-founder of live video platforms Justin.tv and Twitch, as well as the mobile social video application Socialcam. He is also the cofounder and former CEO of law-tech company Atrium. In 2024, Kan announced that he had founded Stash, a payment and e-commerce platform for video game developers.

<span class="mw-page-title-main">Index Ventures</span> European worldwide venture capital firm

Index Ventures is a European venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security. Since its founding in 1996, the firm has invested in a number of companies and raised approximately $5.6 billion. Index Venture partners appear frequently on Forbes’ Midas List of the top tech investors in Europe and Israel.

<span class="mw-page-title-main">Songza</span> Free music streaming and recommendation service

Songza was a free music streaming and recommendation service for Internet users in the United States and Canada.

<span class="mw-page-title-main">Emmett Shear</span> American businessperson

Emmett Shear is an American Internet entrepreneur and investor. He is the co-founder of live video platform Justin.tv. He served as the chief executive officer of Twitch when it was spun off from Justin.tv until March 2023. In 2011, Shear was appointed as a part-time partner at venture capital firm Y Combinator. In November 2023, he briefly served as interim CEO of OpenAI.

<span class="mw-page-title-main">Taskrabbit</span> American online task marketplace

TaskRabbit, Inc. d/b/a TaskRabbit operates an online marketplace that matches freelance labor with local demand, allowing people to find help with tasks including personal assistance, furniture assembly, moving, delivery, and handyman work. The company was founded in 2008 by Leah Busque and was acquired by an affiliate of IKEA in 2017.

Homejoy was an online platform which connected customers with home service providers, including house cleaners and handymen. The company was based in San Francisco. Homejoy served the United States, Canada, and United Kingdom for a total of over 31 major cities. It charged a variable rate of $25–$35 per hour .. Homejoy shut down on July 31, 2015.

Gagan Biyani is an American of Indian descent serial entrepreneur, marketer, and journalist. He was a co-founder of Udemy, an online education company, and was co-founder and CEO of Sprig, a food delivery company.

<span class="mw-page-title-main">Product Hunt</span>

Product Hunt is an American website to share and discover new products. It was founded by Ryan Hoover in November 2013.

ZeroCater is a food service company headquartered in San Francisco, California, specializing in providing companies with catered meals from local restaurants, caterers, and food trucks. The company expanded its offerings in 2017 to include a fully customizable solution for office snacking called ZeroCater Snacks and Kitchens and, in 2018, to deliver alcohol with Zerocater Pours. The company launched Enterprise Catering for companies with 500 or more employees in 2019. Zerocater currently feeds thousands of employees of companies including Slack, PagerDuty, Chan Zuckerberg Initiative, Salesforce, JUUL, Datadog, and Cisco Meraki. As of November 2017, ZeroCater operates in the San Francisco Bay Area, New York City, Los Angeles, Austin, Washington, D.C., and Chicago.

YourMechanic is an American company that provides mobile automotive repair and maintenance services to vehicle owners at their location, such as their home or office.

<span class="mw-page-title-main">Instacart</span> Internet-based grocery delivery service

Maplebear Inc., doing business as Instacart, is an American delivery company based in San Francisco that operates a grocery delivery and pick-up service in the United States and Canada accessible via a website and mobile app. It allows customers to order groceries from participating retailers with the shopping being done by a personal shopper. The company also provides alcohol delivery in states and provinces where it is allowed. It has partnerships with 1,400 retail banners comprising 80,000 stores. In 2022, it fulfilled 262.6 million orders with a total transaction value of $28.8 billion and an average transaction value of $110.

<span class="mw-page-title-main">Handy (company)</span> American home services marketplace company

Handy is an online two-sided marketplace for residential cleaning, installation, and other home services. Founded in 2012 in Cambridge, Massachusetts, the now New York–based company operates services in United States, United Kingdom, and Canada. The company was acquired by ANGI Homeservices in October 2018.

<span class="mw-page-title-main">Michael Seibel</span> Managing director at Y Combinator

Michael Seibel is a managing director at Y Combinator and co-founder of two startups – Justin.tv/Twitch and Socialcam. He first joined Y Combinator in 2013, advising hundreds of startups, and has been active in promoting diversity efforts among startup founders.

<span class="mw-page-title-main">Kyle Vogt</span> American engineer

Kyle Vogt is an American businessman. In 2013, Vogt founded Cruise Automation, where he served as the company's President, Chief Executive Officer and Chief Technology Officer until resigning on November 19, 2023. Cruise develops self-driving car technology and, since being acquired in May 2016, operates as an independent subsidiary of General Motors.

Daniel Kan is an American entrepreneur and technology executive. He is the co-founder and chief operating officer of Cruise Automation. Kan and Cruise Senior Director Kyle Vogt are listed as number 7 on Fortune's 2016 40 Under 40 List.

Dan Teran is an American businessman and venture capitalist. He is the founder and CEO of Managed by Q, a New York City-based office management platform. He is also the founder and managing partner of Gutter Capital.

References

  1. ↑ Kolodny, Lora (26 May 2012). "Exec Scores $3.3M To Do Odd Jobs, On-Demand, For A La Carte Pricing". Wall Street Journal. Retrieved 24 June 2017– via www.wsj.com.
  2. 1 2 3 Justin Kan Launches Exec For Real-Time Mobile Jobs, Forbes, February 29, 2012.
  3. ↑ Constine, Josh. "R.I.P. Lazy Times: Exec Shuts Down Errand Service But Keeps Cleaning - TechCrunch" . Retrieved 24 June 2017.
  4. ↑ Empson, Rip. "Handybook Hoovers Up Exec For "Under $10M" To Sweep The Home Services Market - TechCrunch" . Retrieved 24 June 2017.
  5. ↑ "Archived copy". Archived from the original on 2014-02-22. Retrieved 2020-08-03.{{cite web}}: CS1 maint: archived copy as title (link)
  6. 1 2 Olanoff, Drew. "Want To Pitch A VC While He Cleans Your House? Exec And Shervin Pishevar Thought So - TechCrunch" . Retrieved 24 June 2017.
  7. ↑ Bennett-Smith, Meredith (26 July 2012). "Exec, Task Service Company, Sends Employees To Volunteer On Users' Behalf" . Retrieved 24 June 2017– via Huff Post.
  8. ↑ "Justin.tv Founder Strikes Again". 29 February 2012. Retrieved 24 June 2017.
  9. ↑ "You Can Hire Someone To Do Charity Work For You Through This Startup". Business Insider . Retrieved 24 June 2017.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.