Startups

Fixt raises $2 million, led by diversity-focused venture firm

The mobile-device repair startup has also hired new team members.

Device repair made easy. (Photo via Twitter)

Mobile device repair startup Fixt closed on $2 million in new funding, said CEO Luke Cooper.
The follow-on seed funding round was led by Precursor Ventures, a venture firm seeking to increase diversity in tech. Precursor Managing Partner Charles Hudson was recently profiled in USA Today.
“From the first time I met Luke, I could tell that he and the team had spent a lot of time getting their model right and were on to something big,” Hudson told the paper.
New investors in the round also include New York-based ConnectedVentures and Northern Right Capital, which was founded by investor Matt Drapkin.
“We are planning to use the money to expand operations, invest in sales staff, and bolster the technological infrastructure of the company,” Cooper said.
Cooper said the startup also added new team members.
Joining in operations is Dan Schiller, former CEO of Salar, an ETC graduate which was acquired by Atlanta-based Transcend in 2011, then acquired again by Constellation Software in 2012. Ed Schmalzle and Flip Sasser, who founded dev shop Back Forty and went on to join the Groupon-acquired OrderUp, are also joining the team in technology and product, respectively.
Cooper said he met Sasser at Babson College, where both were in the MBA program.
“Ed has a keen interest in deep technical details and data-driven approaches which, alongside his leadership skills and passion for our product, will be of real benefit to the engineering organization,” Cooper said.

Companies: Fixt
31% to our goal! $25,000

Before you go...

To keep our site paywall-free, we’re launching a campaign to raise $25,000 by the end of the year. We believe information about entrepreneurs and tech should be accessible to everyone and your support helps make that happen, because journalism costs money.

Can we count on you? Your contribution to the Technical.ly Journalism Fund is tax-deductible.

Donate Today
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

The looming TikTok ban doesn’t strike financial fear into the hearts of creators — it’s community they’re worried about

Premier Baltimore economic boosters combine to strengthen innovation ecosystem

Influencers are news distributors now: Inside Technical.ly’s Creator in Residence Program

Esports, a digital port and innovation jobs: Help us manifest Baltimore’s next 250 years

Technically Media