What is 86 Repairs?
86 Repairs is a Chicago-based software company founded in 2018, specializing in a comprehensive repair and maintenance management platform tailored for the restaurant industry. Their tech-enabled solutions provide 24/7 on-demand repair management and proactive preventative maintenance, addressing critical operational needs for restaurateurs. The company's focus on streamlining these essential services positions it as a key player in enhancing the efficiency and reliability of restaurant operations.
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 Network Ventures, GHS Holdings Inc, ID Ventures, TDF Ventures, Gordon Food Service, HAVI, and Tamarind Hill
Series A (2022): $15.2M led by Storm Ventures, Lightbank, and Savory Fund
Key Investors in 86 Repairs
Network Ventures
Network Ventures is a venture capital fund focused on seed-stage companies, particularly those in the Midwest building network effects, such as marketplaces and platforms.
TDF Ventures
TDF Ventures is an early-stage venture capital firm that invests in startups serving enterprise markets, with a focus on infrastructure, software, and services.
Tamarind Hill
Tamarind Hill specializes in early-stage B2B healthcare innovations, providing capital and strategic guidance to companies focused on decentralizing care and improving supply chain efficiency.
What's next for 86 Repairs?
With the recent major strategic investment, 86 Repairs is poised for accelerated growth and enhanced service offerings. The company's Series A financing, following earlier seed-stage capital, indicates a transition towards scaling its operations and potentially expanding its market reach. This strategic backing will likely enable 86 Repairs to further develop its platform, invest in technology, and strengthen its position as a leader in restaurant repair and maintenance management solutions, driving greater value for its clients.
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