# Murfy

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

- Industry: Consumer Services
- Headquarters: France
- Website: www.murfy.fr
- Total disclosed funding: $6.5M
- Latest round: Series A (Nov 17, 2020)
- Investors on record: 3

## About

Murfy SAS is a French company specializing in on-site repair services for major household appliances, providing a transparent fixed-price service that helps extend the lifespan of appliances while minimizing electronic waste.Founded in 2017 in France, Murfy SAS offers repair services targeted towards residential customers, managing operations primarily in metropolitan areas including Île-de-France, Lyon, Toulouse, Nantes, and Strasbourg. The company was co-founded by Jérémy Lévêque and Romain Martin, with Guy Pezaku serving as the CEO. Murfy has raised a total of EUR 4.2 million in funding through 2 deals, the latest being a Series A round on November 17, 2020, led by Alter Equity with participation from Investir&+ and Eutopia. This funding round coincided with the company's current valuation of EUR 23.462 mn.Murfy specializes in providing on-site repair services for large household appliances, including washing machines, dryers, dishwashers, ovens, microwaves, cooktops, refrigerators, and freezers. The company’s core offering revolves around a fixed-price repair package that encompasses both labor and travel costs, ensuring transparency in pricing without unexpected fees for clients. Murfy aims to extend the lifespan of these appliances, addressing common malfunctions attributed to wear and lack of maintenance, ultimately helping to reduce electronic waste. The services are primarily targeted at residential customers across metropolitan areas in France, including but not limited to Île-de-France, Hauts-de-France, and regions such as Lyon, Toulouse, Nantes, and Strasbourg. By leveraging a network of over 250 local repair professionals, Murfy caters to more than 300,000 satisfied clients who value sustainable solutions to appliance maintenance and repair.Murfy’s revenue model is structured around direct-to-consumer transactions, with pricing based on a flat repair fee that typically includes both labor and necessary replacement parts. The company reported revenue of EUR 7,892,215 for the year 2022, with an EBITDA of EUR -11,540,864. Customers can book repair appointments through the company’s website, where they select the type of appliance needing service and schedule a visit from a technician. The average repair cost is set at EUR 140, with additional discounts applied through promotional offers such as the Bonus Repair, which can reduce costs by up to EUR 50. Clients receive a quotation prior to proceeding with any repairs requiring additional parts, ensuring clarity in transaction terms. Murfy also facilitates the collection and recycling of old appliances, reinforcing its position as a socially responsible service provider in the appliance repair industry.Following the Series A funding round in November 2020, Murfy SAS plans to utilize the EUR 4.2 million raised to enhance its service offerings and expand into new geographic regions. The company aims to develop and launch new products designed to improve its repair services. Moreover, Murfy is focusing on expanding its operations to additional cities across France and potentially exploring opportunities in other European markets. Specific timelines for these expansions have not been disclosed, but the company is actively working on strategies to increase its market presence and improve operational efficiency.

## Funding rounds

- Series A, Nov 17, 2020, $5M — Alter Equity, Eutopia, Impactivist
- Seed, Dec 13, 2019, $1.6M — Impactivist

## Investors

- Impactivist (https://capitalatlas.ai/funds/impactivist) — Seed, Series A
- Alter Equity (https://capitalatlas.ai/funds/alter-equity) — Series A
- Eutopia (https://capitalatlas.ai/funds/eutopia) — Series A