# Puls Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/puls-technologies

- Industry: Consumer Services
- Headquarters: San Francisco, US
- Website: www.puls.com
- Total disclosed funding: $87M
- Latest round: Series C (Aug 15, 2018)
- Investors on record: 9

## About

Puls Technologies, Inc. is a provider of comprehensive home services including appliance repair, TV mounting, and smart home installations, dedicated to delivering efficient solutions for a variety of household needs.Puls Technologies, Inc. offers a range of home services with a focus on convenience and reliability. Founded in 2015 and headquartered in San Francisco, US, Puls has undergone strategic pivots to enhance its service offerings. The company has successfully raised USD 15 mn in funding led by Hanaco Venture Capital during its latest funding round in November 2021. The team includes CEOs Armand Faure, Marlot van Osch, and Mitch Galbraith, who contribute to the company’s vision and growth.Puls specializes in a range of home services including TV mounting, appliance repair, handyman services, iPhone repair, smart home installation, garage door repair, and plumbing services. Their core offering revolves around providing reliable and efficient solutions for everyday household needs, addressing common issues such as appliance malfunction and home setup challenges. The company's services are designed to cater to a diverse customer base, which includes homeowners, renters, and property managers. Puls employs a predictive match technology that connects clients with background-checked technicians, ensuring prompt service that can be scheduled as quickly as the same day. This flexibility appeals to customers seeking immediate solutions across various urban markets, including major metropolitan areas in the United States.Puls generates revenue through a combination of service fees and membership subscriptions. Customers can book individual services for immediate needs or opt for a membership that provides a discount on all home services throughout the year. Membership plans not only grant access to reduced pricing but also offer guarantees on repairs, enhancing customer satisfaction. The pricing structure includes fees for specific services, such as appliance repairs and handyman tasks, with additional savings for members. This model emphasizes direct-to-consumer transactions, allowing individuals to engage with the company without intermediaries. By focusing on user-friendly service access and reliability, Puls effectively meets the needs of its clients while establishing a steady revenue stream.In November 2021, Puls Technologies, Inc. raised USD 15 mn in venture funding led by Hanaco Venture Capital. The company plans to utilize this funding to expand its service offerings and enhance its technology infrastructure. Puls aims to develop new products aimed at improving customer convenience, with a focus on launching additional smart home services in the coming year. Furthermore, there are plans to expand into new geographic regions including the East Coast and Midwest by late 2023, targeting urban markets with high demand for their service offerings.

## Funding rounds

- Series C, Aug 15, 2018, $50M — Hamilton Lane, Hong Shan, Temasek Holdings, Viola Group, Red Dot Capital Partners, Samsung NEXT Ventures, Hanaco Venture Capital
- Series B, Aug 15, 2017, $25M — Hong Shan, Kreos Capital, Viola Group, Maverick Ventures Israel, Samsung NEXT Ventures, Red Dot Capital Partners
- Series A, Aug 4, 2016, $10M — Hong Shan, Viola Group
- Series A, Feb 16, 2016, $2.1M — Hong Shan

## Investors

- Hong Shan — Series A, Series B, Series C
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series A, Series B, Series C
- Kreos Capital — Series B
- Maverick Ventures Israel (https://capitalatlas.ai/funds/maverick-ventures-israel) — Series B
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series B, Series C
- Red Dot Capital Partners (https://capitalatlas.ai/funds/red-dot-capital-partners) — Series B, Series C
- Hamilton Lane (https://capitalatlas.ai/funds/hamilton-lane) — Series C
- Temasek Holdings — Series C
- Hanaco Venture Capital (https://capitalatlas.ai/funds/hanaco-venture-capital) — Series C