What is iP3 Repair?
iP3 Repair is a professional repair service provider specializing in a wide array of electronic devices, including smartphones, tablets, laptops, and gaming systems. The company distinguishes itself by offering a lifetime warranty against defects on its repairs. Beyond device servicing, iP3 Repair actively engages in recycling old electronics, contributing to environmental sustainability. Founded by Bryan Cargill in Stow, Ohio, the business caters to local residents, businesses, and schools, and also provides outsourced repair services to other electronics retailers and repair shops across Northeast Ohio. Their service offerings encompass popular brands such as Apple iPhones, iPads, and iPods, as well as Samsung Galaxy, Motorola Droid, HTC, and LG devices.
How much funding has iP3 Repair raised?
iP3 Repair has raised a total of $10K across 1 funding round:
Debt
$10K
Debt (2021): $10K with participation from PPP
Key Investors in iP3 Repair
PPP
Public-Private Partnership
What's next for iP3 Repair?
The Series A/B growth stage funding context indicates that iP3 Repair is poised for significant scaling and market penetration. The recent injection of moderate growth capital is likely earmarked for expanding operational capacity, enhancing service offerings, and potentially broadening its geographic reach. Strategic investments in technology and personnel can be anticipated as the company aims to solidify its position in the competitive electronics repair market and leverage its lifetime warranty as a key differentiator.
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