How Much Did HelloTech Raise?
Funding & Key Investors

HelloTech, a provider of on-demand in-home technology support, has secured significant enterprise-level funding, with a total capital infusion of $21.8M. The company recently announced a funding round of an undisclosed amount, adding to its financial growth trajectory. This latest investment underscores the increasing demand for accessible and reliable tech assistance in the consumer market.

What is HelloTech?

HelloTech
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Founded in 2014 and based in Los Angeles, HelloTech offers a comprehensive solution for in-home and remote technology support. The company leverages a nationwide network of thousands of vetted and background-checked experts to provide services ranging from device setup and training to smart home integration, network optimization, and TV mounting. HelloTech aims to make technology support affordable and convenient for consumers, addressing a wide array of technical needs.

How much funding has HelloTech raised?

HelloTech has raised a total of $21.8M across 3 funding rounds:

2015

Angel/Seed

$4.5M

Series A

$12.5M

2016

Private Equity

$4.8M

Angel/Seed (2015): $4.5M with participation from Amplify.La Capital II, Wavemaker Partners, Baroda Ventures, Upfront Ventures, Silicon Valley Bank, Collaborative Fund, Greycroft Partners, Crosscut, and Accel

Series A (2015): $12.5M led by Upfront Ventures, Madrona Venture Group, CrossCut Ventures, and Accel Partners

Private Equity (2016): $4.8M, investors not publicly disclosed

Key Investors in HelloTech

Amplify.La Capital II

Amplify.La Capital II is an early-stage investor focused on providing capital and strategic support, often writing initial checks and offering access to talent and further investment rounds.

Wavemaker Partners

Wavemaker Partners is an early-stage venture capital firm in Southeast Asia, investing in Enterprise, Deep Tech, and Sustainability startups with a focus on regional challenges and UN Sustainable Development Goals.

Baroda Ventures

Baroda Ventures is a Los Angeles-based venture capital firm that invests in a variety of companies, including startups and small businesses, providing funding and support for growth.

What's next for HelloTech?

With its substantial enterprise-level funding, HelloTech is poised for continued expansion and service enhancement. The company's strategic capital injections suggest a focus on scaling its operational network, refining its service offerings, and potentially exploring new market segments. As the digital landscape evolves, HelloTech's model of providing accessible, expert tech support is well-positioned to capitalize on the growing reliance on connected devices and smart home technology.

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Frequently Asked Questions Regarding HelloTech Financial Insights

What are the most recent funding rounds that HelloTech has completed, and what were the funding rounds?
HelloTech has recently completed 3 funding rounds: Private Equity on May 19, 2016, Series A on Sep 3, 2015, Angel/Seed on May 25, 2015.
What is the total amount of funding HelloTech has raised to date?
HelloTech has raised a total of $21.8M in funding to date.
How many funding rounds has HelloTech completed?
HelloTech has completed 3 funding rounds.
How much funding did HelloTech raise in its most recent funding round?
HelloTech raised $4.8M in its most recent funding round.
Which was the largest funding round in HelloTech's history?
The largest funding round in HelloTech's history was $12.5M.
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