Pronto Closes $45 Million Series B After $20 Million Extension From Lachy Groom

Overview

• Pronto said Thursday it closed its Series B at $45 million after a $20 million extension that set a $200 million valuation.
• Lachy Groom led the new check, following an introduction by Glade Brook Capital founder Paul Hudson during the founder’s San Francisco trip.
• The startup reports 26,000 daily bookings on its on-demand chores app and a workforce of about 6,500, up from 1,440 in January.
• Pronto plans to deepen coverage in current cities, hire and train more workers, and add categories such as car washing, gardening, and a home-cook pilot in Bengaluru.
• Bank of America estimates India’s instant home-services market could reach $15–18 billion by 2030, with rivals Snabbit and Urban Company’s InstaHelp currently handling larger single-day volumes.