British on-demand task marketplace Bizzby has secured $10 million from undisclosed investors. However, there are sources that say an American hedge fund with $25 billion under management backed the funding round, according to TechCrunch.

Founder and Chief Executive Officer (CEO) Rohan Sinclair Luvaglio said all their service providers are "carefully curated and fully vetted, verified by a patent pending process and interviewed in person before being able to provide a service." 

Bizzy allows people to gain access to on-demand services from cleaners, plumbers, handymen, electricians, and others through its mobile app. The company said it already has 40,000 users after just three months in operation. The UK-based service marketplace uses InstantPay to complete payment transactions right after the job is done. All jobs posted on the platform are guaranteed by the company, the report detailed.

Co-founded by Luvaglio, Michael Camilleri-Ferrante, and Howard Lewis, Bizzy is currently headquartered in Shoreditch, East London, TechCrunch reported.