What is 86 Repairs?
86 Repairs operates a specialized software-as-a-service platform designed to solve the persistent challenges of repair and maintenance management within the restaurant industry. Founded in 2018, the company provides a comprehensive tech-enabled solution that includes 24/7 on-demand repair management and proactive preventative maintenance scheduling. By centralizing maintenance workflows, 86 Repairs enables restaurant groups to reduce downtime, optimize vendor performance, and gain granular visibility into equipment lifecycle costs. This focus on operational efficiency has made the platform an essential tool for multi-unit operators seeking to mitigate the high costs associated with equipment failure and reactive service calls.
How much funding has 86 Repairs raised?
86 Repairs has raised a total of $22.5M across 2 funding rounds:
Angel/Seed
$7.3M
Series A
$15.2M
Angel/Seed (2021): $7.3M with participation from Gordon Food Service, HAVI, Tamarind Hill, TDF Ventures, Network Ventures, GHS Holdings Inc, and ID Ventures
Series A (2022): $15.2M led by Lightbank, Savory Fund, and Storm Ventures
Key Investors in 86 Repairs
Lightbank
Lightbank is a Chicago-based investment firm that provides capital and strategic guidance to early-stage startups, focusing on fostering growth within the regional and national tech ecosystem.
Savory Fund
A division of Mercato Partners, Savory Fund specializes in restaurant-focused investments, providing capital, supply chain technology, and marketing expertise to high-growth concepts.
Storm Ventures
Storm Ventures is an early-stage venture capital firm with over two decades of experience, specializing in B2B software startups and enterprise infrastructure.
What's next for 86 Repairs?
With the recent influx of capital, 86 Repairs is poised to scale its enterprise-grade offerings, focusing on deeper integration with existing restaurant management systems and expanding its footprint across the North American market. The strategic roadmap likely involves enhancing the platform's predictive maintenance capabilities, leveraging historical data to anticipate equipment failures before they impact revenue. As the company matures, the focus will shift toward solidifying its position as the industry standard for facility management, potentially exploring new verticals within the broader hospitality and retail sectors where complex equipment maintenance remains a significant operational pain point.
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