What is Crakd?
Crakd operates as a specialized repair shop, primarily located in the Ashtabula Mall, focusing on swift and cost-effective repairs for a wide array of electronic devices including phones, tablets, laptops, and gaming consoles. The company's expert technicians are adept at resolving common issues such as cracked screens, battery malfunctions, and software glitches. Beyond repair services, Crakd actively engages in the buying and selling of certified pre-owned electronics, offering customers competitive pricing on quality devices. With over six years of operational experience, Crakd is dedicated to restoring devices to a like-new condition for its clientele, establishing itself as a reliable hub for device servicing and resale.
How much funding has Crakd raised?
Crakd has raised a total of $10K across 1 funding round:
Debt
$10K
Debt (2021): $10K with participation from PPP
Key Investors in Crakd
PPP
Public-Private Partnership
What's next for Crakd?
The recent influx of moderate growth capital signifies Crakd's strategic intent to expand its market presence and enhance its service offerings. Operating at a Series A/B growth stage, the company is likely focused on optimizing its repair workflows, potentially expanding its inventory of pre-owned devices, and possibly exploring new service locations or digital outreach strategies. This investment will be crucial in supporting Crakd's mission to provide accessible and high-quality device repair and resale services, reinforcing its competitive edge in the electronics refurbishment sector.
See full Crakd company page