OSCAR home services startup raises 6 million euros

OSCAR home services startup raises 6 million euros - Portugal Business News

Startup news Europe - OSCAR home services startup raised 6 million euros in a pre-series A investment round co-led by Indico Capital Partners and Lince Capital, with participation from Failup Ventures and Boost Capital Partners. This new funding round brings the capital raised by Portuguese startup OSCAR to 13 million euros.

Portuguese home services tech startup OSCAR had already raised seed funding of 6 million euros in May 2024 from LINCE CAPITAL, Indico Capital Partners, Failup Ventures, Boost Capital Partners, and their earliest investor Olisipo Way among others. Their earliest investors had already invested 1.1 million euros pre-seed.

OSCAR home services app is currently leading on the Portuguese market and has registered a 60% monthly growth in the Spanish market. The new funding round will allow OSCAR to expand in the UK, according to João Marques, Founder and CEO of Oscar.