# HelloTech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hellotech

- Industry: Consumer Services
- Headquarters: Los Angeles, US
- Website: www.hellotech.com
- Total disclosed funding: $17M
- Latest round: Series A (Sep 17, 2015)
- Investors on record: 12

## About

HelloTech, Inc. is a technology services company specializing in tech support solutions for residential and commercial clients, offering 24/7 assistance to address various technology challenges.Founded in 2014, HelloTech, Inc. is headquartered in Los Angeles, US, and focuses on providing technology support services. The company has completed 8 deals, with the most recent one occurring on December 21, 2018, when it raised USD 20 mn in venture funding from unspecified investors. The CEO of the company is Greg Steiner.HelloTech specializes in providing comprehensive tech support solutions for both residential and commercial clients. Their core service offerings include in-home and online assistance for WiFi networks, computer support, mobile devices, audio and video setups, smart home installations, and home security systems. The company aims to address common technology-related challenges experienced by customers, such as connectivity issues, device integration, and security concerns. With a focus on convenience, HelloTech's services are designed to be accessible 24/7, catering to customers across various geographical markets, including urban and suburban areas in the United States. Their client base comprises homeowners, small businesses, and tech-savvy individuals seeking reliable and efficient solutions for their technology needs.Revenue for HelloTech is generated primarily through service-based transactions, where clients engage the company for tech support and installation services. The business model includes both direct-to-consumer and B2B transactions, allowing for a diverse clientele range. Clients can book various services such as TV mounting, smart security camera installations, and smart thermostat setups, each priced according to complexity and service requirements. Partnerships and memberships may also be part of their revenue structure, facilitating repeat business and ongoing support agreements. This multi-faceted approach ensures a steady flow of transactions while addressing the evolving needs of their customer base.In December 2018, HelloTech, Inc. raised USD 20 mn in venture funding to support their growth strategy, which includes plans to expand into new markets and geographic regions. They aim to introduce new tech support products and services tailored to various customer needs, though specific products and release dates have not been disclosed. The upcoming expansion will focus on penetrating additional urban and suburban areas across the United States.

## Funding rounds

- Series A, Sep 17, 2015, $2.5M — Accel, Upfront, Madrona Venture Group, Crosscut Ventures Management
- Series A, Aug 24, 2015, $10M — Madrona Venture Group
- Seed, May 26, 2015, $2M — Accel, Upfront, Greycroft, Baroda Ventures, Crosscut Ventures Management, Silicon Valley Bank, Collaborative Fund, Amplify
- Seed, Jan 27, 2015, $2.5M — Accel, Upfront, Crosscut Ventures Management, Wavemaker Partners, Collaborative Fund, Amplify, Expansion Venture Capital, Wonder Ventures

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A
- Upfront (https://capitalatlas.ai/funds/upfront) — Seed, Series A
- Crosscut Ventures Management (https://capitalatlas.ai/funds/crosscut-ventures-management) — Seed, Series A
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Amplify (https://capitalatlas.ai/funds/amplify) — Seed
- Expansion Venture Capital (https://capitalatlas.ai/funds/expansion-venture-capital) — Seed
- Wonder Ventures (https://capitalatlas.ai/funds/wonder-ventures) — Seed
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Seed
- Baroda Ventures (https://capitalatlas.ai/funds/baroda-ventures) — Seed
- Silicon Valley Bank — Seed
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A