openPR Logo
Press release

SmartAC.com Announces Fundraise Led by Mercury; Total Capital Raised to $42M

12-16-2024 08:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Extension equity round to aid SmartAC.com in scaling customer loyalty platform for HVAC & plumbing contractors, transforming the way homeowners experience comfort

Extension equity round to aid SmartAC.com in scaling customer loyalty platform for HVAC & plumbing contractors, transforming the way homeowners experience comfort

HOUSTON, TX - December 16, 2024 - SmartAC.com (the "Company"), a leader in customer loyalty management for contractors, today announced an extension fundraise led by Mercury Fund, with follow on participation from existing investors. The additional capital will enable SmartAC.com to expand its platform and scale operations to further meet the growing demand for technology and data-driven solutions in the trades. 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 Smart Maintenance Registered plans to differentiate their brand offerings and nurture customer relationships remotely.

Founded in 2019, SmartAC.com allows contractors to monitor, manage, and optimize their HVAC and plumbing maintenance memberships through advanced sensors, AI-driven diagnostics and proactive alerts. The Company utilizes the 24/7 data feed from critical home systems to enable a proactive approach while offering homeowners more transparency in the process. By promptly identifying and handling repairs, contractors are able to help consumers avoid loss of comfort, fostering long-term homeowner loyalty and trust. Contractors offer a streamlined experience through their own white-labeled app while helping promote healthier home environments for their customers.

SmartAC.com has partnered with some of the most prestigious brands in the industry, enabling them to offer Smart Maintenance plans that achieve a 97% annual membership retention rate.

"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."

"Amid rising consumer demand for 'smart home' innovations, SmartAC.com is addressing a critical need for more sophistication in HVAC and plumbing through a technology-driven strategy," said Heath Butler, Partner at Mercury Fund. "We are thrilled to support Josh and the rest of the SmartAC.com team during this period of rapid growth."

SmartAC.com helps contractors alert their customers to small issues before they become more costly repairs or lead to loss of comfort. Homeowners receive monthly home health reports and utilize the app for loyalty rewards, scheduling service, video chat with technicians and air filter replacements. SmartAC.com streamlines all the interaction points between contractors and homeowners, while promoting a more sustainable and comfortable home environment.

About SmartAC.com

The SmartAC.com platform uses wireless sensors and advanced software to monitor cooling and heating performance, airflow, air filter life, drain lines, and water leak-prone locations to ensure the health of critical HVAC and plumbing systems. SmartAC.com enables a proactive approach to maintenance and customer communication, notifying contractors of potential breakdowns or water leaks before catastrophic damage can occur. At only $10/month per system, SmartAC.com is the most cost-effective way to engage homeowners remotely and maximize the efficiency of truck rolls to homes. SmartAC.com customers average a 97% annual membership retention rate when utilizing its sensors and contractor-branded app to boost the value of maintenance agreements.

Media Contact
Company Name: Gasthalter & Co.
Contact Person: Alex Jeffery
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=smartaccom-announces-fundraise-led-by-mercury-total-capital-raised-to-42m]
Country: United States
Website: https://www.gasthalter.com/



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release SmartAC.com Announces Fundraise Led by Mercury; Total Capital Raised to $42M here

News-ID: 3789372 • Views:

More Releases from ABNewswire

Military Unmanned Aerial Vehicles Market to Surpass USD 27.42 Billion by 2030; Driven by ISR Capabilities and Modernization Efforts - Mordor Intelligence
Military Unmanned Aerial Vehicles Market to Surpass USD 27.42 Billion by 2030; D …
Mordor Intelligence has published a latest report on the Military Unmanned Aerial Vehicles Market, offering a comprehensive analysis of trends, growth drivers, and future projections Introduction Mordor Intelligence, in its latest Military Unmanned Aerial Vehicles Market report, projects that the market size is estimated at USD 15.63 billion in 2025 and expected to reach USD 27.42 billion by 2030, growing at a CAGR of 11.90% during the forecast period. The military unmanned aerial
Global Face Mask Market Positioned for Growth by 2030 Amid Rising Skincare Awareness and Eco-Friendly Innovations
Global Face Mask Market Positioned for Growth by 2030 Amid Rising Skincare Aware …
Mordor Intelligence's new study on the "Face Mask Market" presents a thorough evaluation of the market's trajectory, including size, share, growth, major trends, and future outlook. Market Shifts and Emerging Narratives Hyderabad, India. Sept. 22, 2025 - The face mask industry is entering a pivotal phase as evolving consumer behavior, stricter regulations, and sustainability priorities converge to redefine product development and market demand. The face mask market size [https://www.mordorintelligence.com/industry-reports/face-mask-market?utm_source=abnewswire], valued at USD
CTV Journalist Anastasia Dextrene Recognized with Two Prestigious Telly Awards
CTV Journalist Anastasia Dextrene Recognized with Two Prestigious Telly Awards
Image: https://www.abnewswire.com/upload/2025/09/0810da873db78c5025aa6a2a014b46f2.jpg Montreal, Canada - Canadian broadcaster and CTV News presenter Anastasia Dextrene has achieved a remarkable milestone, winning two Silver Telly Awards at the 46th Annual Telly Awards, recognizing her outstanding contributions to television journalism and video storytelling. The acclaimed journalist received accolades for her compelling CityNews Montreal reports, "Hike MTL hosts 2nd edition of Black Winterfest" and "Montrealer raises awareness during April's Parkinson Awareness Month." Both reports-written, edited, and reported
ALE Housing Named Policyholder-Preferred and the Leading Insurance Housing Solution Nationwide
ALE Housing Named Policyholder-Preferred and the Leading Insurance Housing Solut …
Houston, TX - Sep 22, 2025 - ALE Housing [https://www.alehousing.solutions/], a trusted provider of temporary housing solutions for families displaced by property damage, proudly announces its recognition as the policyholder-preferred choice for insurance housing nationwide. With a mission rooted in compassion, efficiency, and reliability, ALE Housing has established itself as the go-to partner for policyholders and insurers seeking seamless housing solutions during times of need. When disaster strikes-whether fire, flood, storm,

All 5 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency