Invest in Miso (YC S16): Instantly book 70 home services such as cleaning, moving, repair and more. | Wefunder

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A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $150M eventually

Miso is a home services booking platform. When you want to purchase a product, you can open Amazon and order what you want. When you want to find a cleaner, a moving service or someone to remodel your home, you turn to Google. You do a search for service providers, waste time looking for reviews and make phone calls to receive quotes. We need a better way

Miso offers booking of 70 services in South Korea. Open our mobile app and you can instantly book a cleaner or a mover at a fixed transparent price. For more complex jobs like interior remodeling, you can request quotes and compare service providers to find the best person for you. You can trust the service providers we connect you with because they are rated by real customers after every service

We started in 2016 and in 5 years, we have already processed more than 3 million bookings totaling over $150 million in gross booking volume. We have connected over 350,000 customers and 40,000 partners

We currently process over $6.5 million in monthly bookings and are growing fast. When we launched in 2016, we only offered the ability to instant booking services at a fixed price. Last year, we launched a marketplace where partners can set their own pricing. While our instant book business is growing at record levels, the addition of the marketplace has accelerated our growth

In less than 7 months, the marketplace comprises 25% of our gross bookings. Our marketplace business is growing at 60% monthly and by the end of 2021, we expect this business to be operating at a $5 million net revenue run rate

People turn to Google to search for services because you can find anything on Google. The problem is, Google doesn't provide a great service experience. There is no quality control. Prices are not transparent. You can't book and pay via Google. This is where Miso wins. You can find any service on Miso but also receive a great experience

At the beginning of 2020, we only offered 4 services. Now that we offer 70, we have a greater number of customers using Miso for multiple services. The 12 month LTV for customers who use 2 or more Miso services is 2.3X higher than the average Miso customer. As we continue to expand the number of services we offer, the number of customers who use multiple Miso services will continue to increase

We have huge plans for expansion. Our customers place huge trust in us to enter their home and deliver a service. We can expand on our relationship with our customer to also sell home products. We also want to offer grocery replenishment services where we simply refill your refrigerator and pantry. Once we prove the model works in Korea, we want to expand to other countries

Miso is led by Victor Ching. Before starting Miso, Victor was Chief Product Officer at Delivery Hero Korea. He launched food delivery services for Delivery Hero and helped scale the service to over 10 million orders a month. The food delivery app is now a household name in Korea

Other members of the leadership team have experience at Korean companies such as:

Miso has raised over $11.5 million in funding including a $8 million Series A and was part of Y Combinator's Summer 2016 batch. $1.3 million has already been closed for this round

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Miso (YC S16) is testing the waters to evaluate investor interest. No money or other consideration is being solicited; if sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and, then, only through Wefunder. Any indication of interest has no obligation or commitment of any kind