Portuguese home service startup OSCAR raises €6 million to continue expansion

Lisbon-based OSCAR, a home services app with over 200 repair, cleaning, laundry and beauty tasks, has just announced a new pre-Series A round of investment worth €6 million in order to contnue its expansion in Portugal and Spain, as well as boost its entry to the UK. The round was co-led by Indico Capital Partners […] The post Portuguese home service startup OSCAR raises €6 million to continue expansion appeared first on EU-Startups.

May 2, 2025 - 09:30

Portuguese home service startup OSCAR raises €6 million to continue expansion

Lisbon-based OSCAR, a home services app with over 200 repair, cleaning, laundry and beauty tasks, has just announced a new pre-Series A round of investment worth €6 million in order to contnue its expansion in Portugal and Spain, as well as boost its entry to the UK.

The round was co-led by Indico Capital Partners and Lince Capital, with participation from Failup Ventures and Boost Capital Partners.

João Marques, Founder and CEO of OSCAR, said: “As we continue to scale our operations, this funding is a testament to the confidence and commitment of our existing investors. With this support, we are well positioned to further solidify our leadership in Iberia and move confidently towards the launch of OSCAR in the UK market.”

Founded in 2019, OSCAR features more than 200 available provisions in domestic services across 12 categories, such as repairs, cleaning and laundry, which guarantees fixed prices and service in 30 minutes.

With real-time availability and 30-minute arrivals, they look to “take the chaos out of home maintenance” with over 12,000 vetted professionals.

OSCAR, which reportedly became the market leader in Portugal in less than two years, achieved 60% monthly growth in the Spanish market, becoming an increasingly relevant solution in the Iberian Peninsula.

OSCAR is present in 17 cities in the Iberian Peninsula, and aims to continue its expansion, reinforcing its presence in both countries.

Stephan de Moraes, Managing General Partner of Indico Capital Partners said: “We are delighted with OSCAR’s exponential growth in Portugal and Spain, and are excited to be part of this round. This investment will be instrumental in OSCAR’s entry into the UK market and expanding its team, solidifying its customer service and the consistency of its offer.”

The company’s values, expressed by Marques are clear: “OSCAR’s mission is to bring quality and transparency to the home services sector – a sector that has traditionally faced several challenges such as lack of regulation, undue charges and absence of effective trust and security mechanisms. All professionals on the platform go through a rigorous selection and verification process, ensuring that only the most qualified service providers mare part of OSCAR. The safety and satisfaction of our customers are fundamental. With thousands of services performed and high levels of satisfaction, we remain committed to raising the standards of the sector.”

OSCAR’s vision for the future is to lead the home services market in Europe, becoming the solution for repair, cleaning, laundry and beauty services.

The post Portuguese home service startup OSCAR raises €6 million to continue expansion appeared first on EU-Startups.