Zolvers
Zolvers is a technology company.
Financial History
Zolvers has raised $500K across 1 funding round.
Frequently Asked Questions
How much funding has Zolvers raised?
Zolvers has raised $500K in total across 1 funding round.
Zolvers is a technology company.
Zolvers has raised $500K across 1 funding round.
Zolvers has raised $500K in total across 1 funding round.
Zolvers is an online platform that connects customers with trusted domestic workers and service providers for home and office maintenance, cleaning, and care services across Latin America.[1][2][6] It primarily serves households and businesses needing reliable labor for tasks like elderly care, nursing, disability support, plumbing, painting, electricity, and general repairs, while empowering 17 million domestic workers through better job opportunities and financial inclusion.[2][3] Founded around 2013-2014 in Buenos Aires, Argentina, Zolvers operates in Argentina, Mexico, Chile, and Colombia, with estimated annual revenue of $30.6M, 192 employees (up 8% recently), and financial profitability (revenues between $250K-$500K in 2020).[2][3] The company has shown steady growth, serving 25,000-100,000 customers annually from 2018-2020, and focuses on mass rollout/expansion in the care economy.[2]
Zolvers was co-founded in 2013 by Cecilia Retegui, a systems engineer with 16 years of experience running her own software startup, alongside influences from her entrepreneurial father.[2][5] Retegui identified a key gap in Latin America's domestic work sector: mothers in her networks constantly sought reliable workers for childcare, eldercare, and chores via WhatsApp, while millions of domestic workers lacked formal jobs or bank accounts.[5] This insight led to Zolvers as a tech platform outsourcing these services with social impact, starting in Argentina and designed for regional scale to serve one million people.[1][5] Early expansion hit challenges like Argentina's economic issues, prompting a pivot to Mexico—where Retegui refined fundraising strategies—followed by Chile and Colombia; pivotal moments include rapid customer adoption (25K-100K users by 2018) and profitability amid growth.[2][5]
Zolvers rides the care economy and gig platform wave in Latin America, formalizing an informal domestic work sector valued for its 17 million workers amid urbanization and dual-income households.[2][3][5] Timing aligns with rising demand for on-demand services post-economic shifts in Argentina/Mexico, plus post-pandemic emphasis on home care and repairs.[5] Market forces like financial exclusion for workers and time scarcity for families favor its model, influencing the ecosystem by promoting women-led tech, labor redistribution, and regional expansion—20-50 FTEs scaling to 192 while competing with global gig players.[2][3] It sets a precedent for tech-driven social equity in emerging markets.
Zolvers is poised for deeper LatAm penetration, potentially hitting 1M users by leveraging profitability and Mexico's learnings for fundraising.[5] Trends like AI-matching for gigs, expanded financial services, and care economy growth (e.g., aging populations) will propel it, evolving from regional player to category leader amid economic recoveries. As a women-led profitable outlier, its influence could reshape domestic labor standards, tying back to Retegui's vision of tech-fueled inclusion for millions.
Zolvers has raised $500K in total across 1 funding round.
Zolvers's investors include Wollef Ventures.
Zolvers has raised $500K across 1 funding round. Most recently, it raised $500K Seed in December 2014.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2014 | $500K Seed | Wollef Ventures |