Tech investor Lachy Groom in talks to back Pronto; valuation set to double at $200 million
US-based tech investor Lachy Groom, who’s known for his crypto and software bets, is in talks to back instant house-help startup Pronto with a $15-20 million cheque, people in the know told ET.
The round will value Pronto at around $200 million, double the valuation following its last funding that closed this March. Pronto had raised $25 million at a $100 million valuation from Epiq Capital, General Catalyst and Bain Capital Ventures.
The fresh capital raise comes at a time when the instant house help sector has been attracting risk capital on the back of rapid growth.
