What is Save?
Save operates a network of 140 kiosks across Europe, offering express device repair services with a guaranteed turnaround time of 20 minutes. Complementing its physical presence, Save also provides a free courier service for at-home device pick-up and repair. This dual approach aims to provide customers with convenient and rapid solutions for their electronic device maintenance needs.
How much funding has Save raised?
Save has raised a total of $16.7M across 1 funding round:
Private Equity
$16.7M
Private Equity (2015): $16.7M with participation from Idinvest Partners and 360 Capital Partners
Key Investors in Save
Idinvest Partners
Idinvest Partners is a mid-market private equity firm founded in 1997, headquartered in Paris, France. They specialize in financing and supporting entrepreneurs through various business development stages.
360 Capital Partners
360 Capital Partners is a European Venture Capital firm with over Euro 300 million under management, focusing on innovation. They have a proven track record in investing in, supporting, and exiting over 80 companies, leveraging an extensive international network.
What's next for Save?
The substantial enterprise-level capital infusion, particularly the recent strategic investment, positions Save for accelerated growth and market penetration. This financing is likely to be directed towards expanding its kiosk network, enhancing its technological capabilities for faster repairs, and potentially broadening its service offerings. The company's focus on rapid, convenient device repair suggests a strategy aimed at capturing a significant share of the growing electronics aftercare market.
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