Puls Raises $25M in Funding

Puls (FKA CellSavers), a San Francisco, CA-based instant services company for smart devices, and raised $25m in funding.

The round was led by Red Dot Capital Partners — a Temasek Holdings backed growth fund — with participation from new investors Samsung NEXT, Maverick Ventures and Kreos Capital and existing investors Sequoia Capital and Carmel Ventures.

The company, which has raised $43m to date, intends to use the funds to expand its current offering beyond cell phone and tablet repair to cover the full lifecycle of a digital device, encompassing in-home demonstration, installation, setup, integration, support, repair and trade-in and grow into new U.S. markets.

Founded in 2015 by Itai Hirsch and Eyal Ronen, Puls has developed a technology platform, using proprietary algorithms to match consumers in need of smart device repairs or installation, with the right qualified technician in their area to arrive on time and complete each task on the spot. With a network of more than 1,000 vetted technicians in more than 40 markets, Puls schedules appointments within 60 minutes to almost any covered location, and offers a lifetime guarantee on all repairs.
The company, which has served over 100,000 customers to date in more than 40 markets, also has offices in San Diego and Tel Aviv.

FinSMEs

15/08/2017

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