Thursday, July 25, 2024
HomeFunding NYC-based Home Services Company Tetra Secures $10.5M in Seed Funding

[Funding alert] NYC-based Home Services Company Tetra Secures $10.5M in Seed Funding

NYC-based Home Services Company Tetra Secures $10.5M in Seed Funding. This round was led by Greycroft, Gutter Capital, Lerer Hippeau Ventures and 1sharpe Capital. Firms with a great record for backing climate tech innovators and industry-redefining leaders.

NYC-based Home Services Company Tetra Secures $10.5M in Seed Funding. This round was led by Greycroft, Gutter Capital, Lerer Hippeau Ventures and 1sharpe Capital. Firms with a great record for backing climate tech innovators and industry-redefining leaders.

The federal and local governments are further accelerating this demand by providing billions of dollars in incentives and rebates to homeowners and manufacturers.

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However, the rush of new technologies and newly available government incentives are leaving homeowners confused, while home improvement contractors are left ill-equipped to help guide homeowners through the changing landscape.

Tetra, they are redesigning the entire experience to empower homeowners, starting with making estimates extremely convenient. Instead of scheduling an in-person walkthrough, their platform aggregates thousands of data point from public databases to provide an accurate online estimate in minutes.

Read also – FL-based SellersFi Secures Funding of Undisclosed Amount

While they are creating a better experience for homeowners, they are also meaningfully improving the lives of contractors. Over 90% of contractors are small businesses with ten employees or fewer. This means they are usually working 7am-5pm installing heating and cooling systems, then afterwards need to perform the administrative tasks necessary to run a business.

About Tetra

Tetra is the home services company that makes it painless to replace heating and cooling. They took an outdated process and moved it online, saving homeowners time, money, and a lot of frustration.

Read also – PA-based PennSpring Capital Acquired Zirtual

They offer leading clean energy products, a seamless experience, the most supportive customer service in the industry, and the best prices—guaranteed.

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