Venture Capital News: Fixd Repair Pulls In $1M
2016-06-10
DALLAS, TX, Fixd Repair Secures $1M to launch new home warranty solution.
Fixd Repair (Fixd) is disrupting the $400 billion home service industry with technology that streamlines the service and helps consumers save time, money and frustration. Fixd, an innovative new home warranty solution and services provider, has secured a one-million-dollar seed financing from a large warranty provider to support the launch of its new product offering this summer in Texas. The service will initially launch in the Dallas-Fort Worth Metroplex and soon expand to Austin, Houston, and San Antonio.
The founders of Fixd are industry experts and understand the high levels of dissatisfaction with legacy providers. Fixd will improve customer satisfaction by simplifying home warranty policy terms and conditions, reduce exclusions by covering a wider range of claims, and power its policies, scheduling, and payments through the convenience of a state of the art mobile and web app, available on iOS and Android devices.
'I have seen what the team at Fixd is working to accomplish and admire their goal of getting homeowners a better home warranty product by leveraging higher rated contractors, convenient scheduling, and all around better coverage,' states Robert Meche, Owner at Small World Realty.
With four of the fastest growing cities in the United States, Fixd is leveraging continued growth of the Texas housing market with its strategic partners to capture market share. Fixd has commitments from over 150 realtors to support its new home warranty product at launch.
'We have met with hundreds of realtors in recent months and most have expressed their frustrations with current home warranty providers. Many members of our own team have experienced that same frustration first-hand. We have listened closely to their concerns and have worked diligently to design a new home warranty product and mobile app that provides homeowners with a great experience,' states Evan Myers, Co-Founder at Fixd.
'Through our strategic partnerships and technology application, Fixd is able to reduce significant administrative costs. This enables Fixd to work with higher rated contractors, and cover more claims. Poor customer service and an abundant amount of exclusions have been ongoing concerns of homeowners for years and have hurt the industry's reputation,' states Brandon Bohannan, Co-Founder at Fixd. 'Unlike lead generation businesses, Fixd sends real jobs to contractors for free. This allows Fixd to keep costs down for homeowners who ultimately bear the expense of high customer acquisition costs for home improvement service providers.'
Fixd is changing the way consumers manage home warranty claims and home services by leveraging on-demand scheduling, job allocation technology, and their network of independent service professionals. Fixd removes the challenges of finding quality contractors at competitive rates.
Fixd provides HVAC, electrical, appliance repair, plumbing, pool and spa repair services to homeowners without enrolling in a warranty plan. Those who do enroll in a Fixd Home Warranty will receive special offers including free services. Fixd Service Professionals are background checked, licensed, insured, and their work is backed by a 100% satisfaction guarantee.
For more information about Fixd, please contact Adrianna Rivas at (844) 349-3669 or arivas@fixdrepair.com.
About Fixd Repair
Fixd is an innovative mobile application and home warranty solution that is transforming the way homeowners file warranty claims, connect with service professionals, and schedule non-warranty home services. Fixd leverages modern technology to provide a superior home warranty service and on-demand experiences for customers.
(c) by Massinvestor, Inc. For contact info, please check out our
about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors