How Much Did HelloTech Raise?
Funding & Key Investors

HelloTech has solidified its position as a dominant force in the on-demand technology support sector, successfully navigating multiple rounds of financing to scale its nationwide operations. With a cumulative capital infusion reaching $21.8M, the company continues to demonstrate robust market traction. Most recently, the firm secured an additional $0 in a strategic financing event, further bolstering its capacity to deliver comprehensive, in-home technical assistance to a growing consumer base.

This latest injection of capital underscores investor confidence in HelloTech's unique service model, which bridges the gap between complex smart home ecosystems and the average consumer. By leveraging a vetted network of thousands of experts, the company is effectively addressing the increasing demand for professional IoT connectivity, network optimization, and device installation services across the United States.

What is HelloTech?

HelloTech
Business ServicesSoftware TestingConsumer Services

Headquartered in Los Angeles and established in 2014, HelloTech operates as a premier provider of on-demand, in-home technology support. The company distinguishes itself through a rigorous vetting process for its nationwide network of technicians, ensuring high-quality service delivery for a wide array of consumer needs. From the configuration of smart home devices and IoT connectivity to complex Wi-Fi network optimization and professional TV mounting, HelloTech serves as a critical infrastructure layer for the modern connected home. Its hybrid model, offering both remote online support and hands-on, in-person assistance, positions the company as a versatile leader in the burgeoning home-tech services market.

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 Baroda Ventures, Collaborative Fund, Silicon Valley Bank, Amplify.La Capital II, Wavemaker Partners, Upfront Ventures, Greycroft Partners, Accel, and Crosscut

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

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

Key Investors in HelloTech

Upfront Ventures

Upfront Ventures is a Los Angeles-based venture capital firm that focuses on investing in technology businesses, including digital media, SaaS, and retail innovation.

Madrona Venture Group

Founded in 1995, Madrona Venture Group is a venture capitalist investment company with a focus on consumer internet, commercial software, and services.

Greycroft Partners

Greycroft is a leading venture capital firm focused on investments in the Internet and mobile markets, leveraging extensive industry connections to help entrepreneurs build successful businesses.

What's next for HelloTech?

Looking ahead, HelloTech is well-positioned to capitalize on the accelerating adoption of smart home technology and the increasing complexity of consumer electronics. The recent capital allocation is expected to drive further expansion of its service footprint and enhance its proprietary diagnostic platforms. As the company transitions into a more mature enterprise-level lifecycle stage, strategic focus will likely shift toward deepening partnerships with hardware manufacturers and retailers to integrate its support services directly into the consumer purchase journey. By maintaining its commitment to operational excellence and expert-led service, HelloTech is poised to remain the primary solution for households navigating the challenges of an increasingly digital lifestyle.

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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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