Italian website Fazland.com, a platform that connects people with professional services, raised €4.5 million. The investment round was led by RedSeed Ventures with participation from Ad4Ventures, the venture capital arm of Mediaset.
Fazland is a marketplace that connects professionals - including personal trainers, chefs, painters, and lawyers, event organisers, and more - to people in need of services. The online platform allows customers to receive a personal quote for their desired service. The company reports that it currently handles over 1,000 requests per day, receives more than 500,000 monthly views, and had a turnover of €1 million in 2016.
The startup intends to use the new funding to expand its operations.
Read more: FinSMEs