Rated People
Financials
Estimates*
GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 12.1m | 13.6m | 13.4m | 11.6m | 11.0m | 10.4m | 9.9m |
% growth | 6 % | 12 % | (1 %) | (14 %) | (5 %) | (5 %) | (6 %) |
EBITDA | (3.6m) | (3.3m) | (2.9m) | 1.0m | <1m | (<1m) | - |
% EBITDA margin | (30 %) | (24 %) | (22 %) | 9 % | 3 % | (9 %) | - |
Profit | (4.4m) | (4.4m) | (3.5m) | <1m | (<1m) | (2.3m) | - |
% profit margin | (36 %) | (33 %) | (26 %) | 1 % | (7 %) | (22 %) | - |
R&D budget | 6.7m | 6.7m | 6.7m | 7.5m | - | - | - |
R&D % of revenue | 55 % | 49 % | 50 % | 65 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
£3.0m | Early VC | ||
£6.5m | Early VC | ||
N/A | Series A | ||
* | N/A | Media For Equity | |
N/A | N/A | - | |
Total Funding | $12.5m |
Recent News about Rated People
EditRated People is a UK-based online platform that connects homeowners with a network of over 50,000 vetted tradespeople, including builders, electricians, roofers, and plumbers. The platform serves homeowners looking for reliable and trustworthy tradespeople to carry out various home improvement and repair tasks. Rated People operates in the home services market, providing a marketplace where homeowners can post job requirements and receive quotes from multiple tradespeople. The business model is based on a subscription and pay-per-lead system, where tradespeople pay to access job leads and homeowners can use the platform for free. The company generates revenue through these subscription fees and lead purchases by tradespeople. Rated People also offers additional features such as secure payment options, cost guides, and expert advice to enhance user experience and provide peace of mind. The platform aims to simplify the process of finding and hiring tradespeople while ensuring quality and reliability through user reviews and ratings.
Keywords: tradespeople, homeowners, job quotes, secure payments, vetted network, home improvement, repair tasks, subscription model, lead purchases, user reviews.