Luado

Luado

A new Norwegian service that manages small jobs easily, responsible and insured. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€1—2m (Dealroom.co estimates Jun 2019.)
Company register number 917012342
Oslo Norway (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues<1m<1m<1m<1m<1m<1m<1m
% growth-66 %270 %173 %83 %63 %-
EBITDA-(<1m)(<1m)(<1m)(<1m)(<1m)-
% EBITDA margin-(1987 %)(623 %)(215 %)(108 %)(42 %)-
Profit(<1m)(<1m)(<1m)(<1m)(<1m)(<1m)-
% profit margin(2488 %)(2139 %)(683 %)(250 %)(163 %)(73 %)-

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-
N/A

NOK3.0m

Angel
N/A

NOK3.3m

Seed

NOK600k

Grant
Total Funding€759k

Recent News about Luado

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More about Luadoinfo icon
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Luado is a Norwegian platform that connects homeowners with qualified and tested helpers for various home repair and installation tasks. Operating primarily in the Oslo area, Luado serves individual homeowners who need assistance with both indoor and outdoor jobs. The business model is straightforward: homeowners post a job, and vetted helpers bid to complete the task. Luado makes money by charging a fee on each transaction, ensuring a seamless and secure process for both parties. The platform emphasizes quick service, allowing users to find help in as little as 90 seconds. Luado also offers an express service with a 50% additional charge for tasks that need to be completed within 24 hours. The company aims to provide a responsible entry into the labor market, offering flexible work opportunities for those who may not fit into traditional 9-to-5 roles.

Keywords: home repairs, installations, Oslo, vetted helpers, quick service, express service, flexible work, labor market, transaction fee, platform.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.