Allconnect Dramatically Boosts Revenues by Empowering Consumers

Allconnect, the leading comparison shopping and connections marketplace for essential home services recently reported another record quarter of earnings, customer, and revenue growth. In the third quarter of 2009, Allconnect reported a 42% increase revenue year-over-year and a 34% increase in customer traffic.

Allconnect is the type of consumer-driven company that Maveron is excited to back: one that offers an easy-to-use, free, and useful service that saves people time and money. Consumers are flocking to Allconnect’s free phone and Web-based service that helps them get their household services like gas and electric utilities, high-speed Internet, phone, cable TV, satellite TV, and home security systems up and running before moving into their new homes. People simply call Allconnect’s 1-800 number or log onto their site to compare pricing and service options across dozens of providers with complete transparency, choosing the providers that are right for their budget and personal needs. Allconnect does the rest – setting up all the services for free and guaranteeing the lowest prices available.

Founded in 1998, Allconnect has connected over 10 million people through its partnerships with more than 30 utility companies and hundreds of service providers across the U.S. With its recent increase in customers and partners, Allconnect’s marketplace has grown annual sales to more than $3 billion in home service products from over 200 service providers.

Allconnect’s tremendous growth proves what Maveron has believed since day one: a business built around delivering trusted information to consumers to empower them to make better purchasing decisions is not only useful to consumers, but delivers substantial returns to investors.

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