How Much Did Smart Mobile Techs Raise?
Funding & Key Investors

Smart Mobile Techs has solidified its market position through a series of strategic capital injections, culminating in a total capitalization of $251K. The firm recently secured a major strategic investment of $101K, marking a significant milestone in its late-stage growth trajectory. This infusion of liquidity underscores investor confidence in the company's specialized service model within the wireless repair ecosystem.

What is Smart Mobile Techs?

Smart Mobile Techs
Consumer ServicesRepair Services

Smart Mobile Techs (SMT) operates as a critical infrastructure provider within the mobile device lifecycle management sector. By leveraging over two decades of industry expertise, the company has successfully integrated into the Asurion Same Unit Repair program, providing high-volume, efficient repair solutions for both Apple and Android platforms. SMT distinguishes itself through a robust, scalable network of technicians and contractors, enabling rapid deployment and consistent service quality across diverse geographic markets. The company's operational framework is designed to meet the increasing demand for sustainable device maintenance, effectively bridging the gap between consumer hardware longevity and manufacturer-authorized service standards.

How much funding has Smart Mobile Techs raised?

Smart Mobile Techs has raised a total of $251K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$101K

Debt (2020): $150K with participation from PPP

Debt (2021): $101K led by PPP

Key Investors in Smart Mobile Techs

PPP

Public-Private Partnership

What's next for Smart Mobile Techs?

With the recent influx of capital, Smart Mobile Techs is positioned to accelerate its market penetration and operational capacity. The strategic focus will likely shift toward enhancing technician training programs and expanding the contractor network to meet the rising volume of mobile device repairs. By prioritizing scalability and responsiveness, SMT aims to solidify its role as a primary service partner for major wireless carriers and insurance providers. Future growth initiatives will likely involve the integration of advanced diagnostic technologies to further streamline the repair process, ensuring the company remains at the forefront of the wireless service industry as it scales its footprint in new and existing markets.

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Frequently Asked Questions Regarding Smart Mobile Techs Financial Insights

What are the most recent funding rounds that Smart Mobile Techs has completed, and what were the funding rounds?
Smart Mobile Techs has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Smart Mobile Techs has raised to date?
Smart Mobile Techs has raised a total of $251K in funding to date.
How many funding rounds has Smart Mobile Techs completed?
Smart Mobile Techs has completed 2 funding rounds.
How much funding did Smart Mobile Techs raise in its most recent funding round?
Smart Mobile Techs raised $101K in its most recent funding round.
Who are the lead investors in Smart Mobile Techs's latest funding round?
The lead investor in Smart Mobile Techs's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Smart Mobile Techs's history?
The largest funding round in Smart Mobile Techs's history was $150K.
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