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Launch NY invests $25,000 in local startup

House at Work LLC, a website startup that connects homeowners with home improvement professionals, has raised $25,000 in funding from Launch NY, officials said.

This is the first time the company has received outside venture funding. House at Work helped secure the funding through its partnership with the Better Contractors Bureau.

“I am pleased to have received mentorship and investment from Launch NY, which has helped us to establish a firm foothold in Rochester, our home and flagship city,” said Peter Schick, the founder and CEO of House at Work, in a statement. “Rochester has a great business environment that has been very supportive of my efforts.”

Launch NY is a nonprofit that seeks to increase entrepreneurship and develop small-business ventures across Western and Central New York. House at Work is one of over 500 companies to receive support from the nonprofit.

“Just like we are seeing in all of the Launch NY territories, which include the 27 Western most counties of New York State, Rochester is a developing into a thriving entrepreneurial ecosystem, with strong, coachable entrepreneurs and a growing pool of investment resources and clients for startups,” said Lindsay Stencil, chief operating officer of Launch NY. “Peter Schick is a strong, determined entrepreneur and we are excited about what he can do with this business.”

The funding will be used to build House at Work’s brand and expansion into markets Buffalo, Syracuse, Albany and Ithaca.

The company is to receive an additional $25,000 in funding if it can replicate the success it has had in Rochester elsewhere.

Next month is the first anniversary of House at Work’s website launch.

Since then, more than 300 home improvement projects have been posted on its online platform, with 100 active BCB-member professionals participating in bidding, the company said. The company has partnered with the Better Business Bureau of Upstate New York, and it plans to allow BBB-accredited contractors to use the site after House at Work’s expansion.

Follow Kerry Feltner on Twitter: @KerryFeltner

(c) 2017 Rochester Business Journal. To obtain permission to reprint this article, call 585-363-7269 or email madams@bridgetowermedia.com.

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