OneFlare Secures $500,000 For Continues Growth And Expansion
July 03, 2013 (PRLEAP.COM) Lifestyle NewsOneFlare, the Australian startup company that matches clients with local service providers just announced that they have secured $500,000 in new funding to fuel further growth and expansion. The announcement came from OneFlare CEO Marcus Lim who plans to use the new funding to expand into his native Singapore in 2014 and then into other Asian markets.
The funding comes from three Australian investors, Les Szekely from Grand Prix Capital, Garry Visontay of Principal Sydney Seed Fund, and Dr. Jeffrey Tobias of the Strategy Group. This group of investors is well known for their interest in startup companies.
OneFlare was founded in 2011 under the name "Pick A Quote" and since then has seen tremendous growth in both number of users and in the number of businesses who want to be listed on the site. OneFlare currently has over 130,000 unique monthly visitors which represent a year–over-year growth of over 1,300 percent. It is this significant growth that attracted the investors who have seen the potential of this startup and want to help fuel future growth and success.
OneFlare was built around the simple premise that there are clients who need certain services and businesses that provide those services. In order to connect the client with the business, OneFlare was born. Visitors go to the OneFlare website and enter a brief description of what they need accomplished. OneFlare then searches its database of local businesses and finds the firms that provide the requested services. The site then sends the clients competitive quotes to review saving them time and money in the process. The client then has the option of hiring the firm that best fits their needs and budget. OneFlare also provides a Home Care Guarantee in case something goes wrong during the process.
This simple notion of matching those in need with businesses that can help is what makes OneFlare such a success and what keeps attracting investors to the firm. To learn more visit the OneFlare website at https://www.oneflare.com.au or call (02) 8889 4022 to speak with a company representative. OneFlare also has a presence on Facebook, Twitter and Google+.