Dobby: Revolutionizing Home Maintenance with AI-Powered Technology

In a world where technology is constantly evolving, Dobby is leading the charge in revolutionizing home maintenance by harnessing the power of artificial intelligence (AI). Founded on the vision to become the operating system for American homes, Dobby's mission is to create customized experiences for modern homeowners.

Starting with home maintenance, Dobby is pioneering digitization and AI in the massive $16 trillion residential property market. From job specification to payment, Dobby automates home maintenance with a fully digital, AI-powered app that makes it easy for homeowners to manage their properties.

Dobby unlocks the home maintenance marketplace with an AI-first, fully digital productivity platform for homeowners and invite-only service providers community. Unlike traditional lead-generation businesses, Dobby's innovative approach enables homeowners to increase property value and make home maintenance fun.

'We're not just a lead-gen business,' said Ron Watson, a Partner at Dundee VC and Dobby board member. 'I haven't seen the product-led vision that Dobby is executing on.'

With its new funding led by Dundee VC, B5 Capital, and other major participants, Dobby will continue expanding operations in the DC metro area and building the playbook for geographic expansion by mid-2021.

One of Dobby's satisfied customers is Zela from LMK Plumbing, a family-owned small business in Maryland. 'Dobby has been enjoying double-digit monthly growth in the DC metro area,' said Zela. 'And we get paid within 24 hours.'

The chat-bot feature makes it super easy to communicate virtually and minimize the number of visits. Dobby only takes commissions when the job is completed, eliminating artificial competition and squeezing profit margins from service providers.

Dobby's AI-first design has also helped increase operational efficiencies, lower costs, and flip the business model in the home maintenance industry. As Satadru Sangupta, Dobby's CEO and co-founder, explained, 'I chose home maintenance because this $400 billion industry has not had a tech makeover for more than a decade and suffers terribly low NPS across the board.'

With strong demand in the home maintenance sector, Dobby is growing rapidly in the DC metro area and expanding its operations in this major real estate market. According to a Bank of America spending report, consumer spending on home maintenance is 60% above the Jan-2020 level.

Dobby's success is a testament to its innovative approach, and it's no wonder that investors are taking notice. With its sights set on revolutionizing the home maintenance industry, Dobby is poised for continued growth and expansion in the coming years.