Intact acquires home maintenance app

Intact Financial Corporation has acquired Jiffy , a Canadian home maintenance app, marking a strategic move to enhance digital engagement with Canadian customers.

Founded in 2015, Jiffy has raised $3.81 million in total funding over five rounds from five investors, including Urban Innovation Fund, Golden Ventures, Hedgewood, Round13 Capital, and Two Small Fish Ventures. With over 450,000 jobs completed and a 96% five-star rating, Jiffy has grown significantly, now serving the Greater Toronto Area, Ottawa, and Calgary.

This acquisition enables Jiffy to scale its services across Canada, connecting homeowners with certified professionals for home maintenance tasks, including plumbing, appliance repair, and electrical work.

The acquisition aligns with Intact’s mission to support customer-centric brands and contribute to climate resilience by offering essential maintenance services that help mitigate risks from extreme weather. Jiffy’s co-founders and team will continue operations under the Jiffy brand, working with Intact to make home maintenance easier and more accessible for Canadians.

Home Maintenance Initiatives by Insurers

Source: https://coverager.com/beyond-insurance-2022/