HOUSTON — SmartAC.com has announced a fundraising extension led by Mercury Fund, with follow-on participation by existing investors.
SmartAC.com offers a platform that uses wireless sensors and advanced software to monitor cooling and heating systems.
The additional capital will enable SmartAC.com to expand its platform and scale operations to meet the growing demand for technology and data-driven solutions in the trades, a press release from the company said.
SmartAC.com’s growth comes alongside industry consolidation and a rapidly evolving technological landscape for service providers across the U.S. The HVAC and plumbing trades are experiencing a surge in homeowner demand for smart, connected solutions to facilitate energy efficiency, cost savings, and healthier living environments. SmartAC.com’s platform enables contractors to sell maintenance plans that differentiate their offerings and nurture customer relationships remotely, the company said.
Founded in 2019, SmartAC.com allows contractors to monitor, manage, and optimize their HVAC and plumbing maintenance memberships using advanced sensors, AI-driven diagnostics and proactive alerts. The company uses the data feeds from critical home systems to enable a proactive approach to maintenance while offering homeowners more transparency in the process, the press release said.
“Growing a business in the trades is all about customer loyalty, and loyalty is driven by optimizing the customer’s experience,” said Josh Teekell, founder and CEO of SmartAC.com. “SmartAC.com was built to perfect the experience of home comfort through data-driven insights that bring long-term value to homeowners and contractors alike. We are thankful to our investors for their belief in this mission.”