Hinged operates across Fairfield and Westchester with hundreds of service providers
Ty Schlegelmilch · 734: Ex Finance Dad of 3 Wants to Own Your Home · Jul 28, 2017 · at 5:41
Ty Schlegelmilch, founder of home maintenance marketplace Hinged, details the company's early geographic coverage and provider supply to Nathan Latka.
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“Across Fairfield, Westchester County, which are the two markets that we're currently in we have a few hundred service providers, and that includes everything from, we have about 50 different categories”
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“This is a land grab.
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“We skipped immediately through the MVP. So we, this is a full functional commercial product.”
Hinged grew 100 percent month-over-month in its first three months
“And obviously it's been three months, so when you think about the growth of a hundred percent month over month you know, the time that these people have been on the platform has been somewhat limited”
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“Somewhere on the order of, on an average user basis, somewhere on the order of probably 20 to, 20% plus, 20 to 40% probably.”
Hinged processed over $100,000 in GMV in its first three months
“More.
So the process through the platform and some of these, like for instance, a flooring install may take two to three months.
Got it.
So when you go to the three months of life, life stand for us, you know, it's been,
More than that at this point in time.
…”