More funding, more partners for device-repair startup Fixt - Baltimore


Mar. 28, 2016 8:00 am

More funding, more partners for device-repair startup Fixt

Fixt closed its seed round at $1.4 million, a few hundred thousand more than initially expected.

Maryland Secretary of Commerce Mike Gill talks to Fixt employees.

(Courtesy photo)

Over the last couple of months, Fixt added more money to its funding round.

The Fells Point-based startup, which makes an app that can detect when a mobile device is damaged, closed its seed round at $1.4 million, according to a statement issued last week. The round was initially expected to close at around $1 million.

Paul Silber of Blu Venture Investors also signed on as an investor in the round, joining Google Wallet founder Jonathan Weiner and Walmart board member Jim Cash.

With its app that begins the device-repair process, the company is targeting bigger firms. Along with the investment, a new round of announced clients includes UMBC, Kaiser Permanente, Johns Hopkins University and Promontory Financial Group.

Stephen Babcock

Stephen Babcock is the lead reporter for Baltimore. A graduate of Northeastern University, he moved to Baltimore following a stint in New Orleans, where he served as managing editor of online news and culture publication NOLA Defender. While there, he also wrote for Times-Picayune. He was previously a reporter for the Rio Grande Sun of Northern New Mexico.


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