What is Phone Medic?
Phone Medic operates as a dominant force in the Kansas City metropolitan area, specializing in comprehensive smartphone repair, wireless accessory sales, and device buy-back programs. With a proven track record of serving nearly 35,000 customers over a two-year period, the company has scaled its physical presence to nine strategic locations across Kansas and Missouri. Its market position is defined by a localized, high-touch service model that bridges the gap between manufacturer-specific support and independent repair convenience, effectively capturing a significant share of the regional consumer electronics lifecycle market.
How much funding has Phone Medic raised?
Phone Medic has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Phone Medic
PPP
Public-Private Partnership
What's next for Phone Medic?
With the recent influx of capital, Phone Medic is poised to transition from a regional leader to a more expansive retail entity. The strategic focus will likely shift toward optimizing supply chain efficiencies for accessory procurement and potentially exploring new geographic markets to replicate its successful Kansas City store model. As the company navigates this late-stage growth phase, the emphasis will remain on maintaining high customer satisfaction metrics while scaling its service infrastructure to meet the increasing demand for sustainable, cost-effective mobile device maintenance solutions.
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