86 Repairs Secures $15.2M in Series A Funding

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The latest round of venture funding will drive product innovation and market expansion. Courtesy of Canva.

Chicago-based 86 Repairs, a restaurant repair and maintenance management platform, secured $15.2 million in Series A funding.

The investment will allow 86 Repairs to drive product innovation and market expansion after its revenue nearly tripled year over year, the company says.

Pascale Diaine, a partner at Storm Ventures—one of the investors—says 86 Repairs is “changing how restaurant operators address this long-standing pain point” of R&M by offering commercial kitchen operators around-the-clock support for on-demand repair management, planned maintenance programs and data-driven insights on R&M spend.

In addition to Storm Ventures, which led the funding round, other investors included Savory Fund, Lightbank, TDF Ventures, Gordon Food Service, Cleveland Avenue, Math Venture Partners and Tamarind Hill.

“We’re living through the most challenging period in the history of the restaurant industry, and our customers constantly inspire me with their creativity and grit as they navigate this new reality,” says Daniel Estrada, co-founder and CEO of 86 Repairs, in a press release. “I’m proud of the value we’re providing through the 86 Repairs platform, and I’m excited to continue expanding our reach with the support of our world-class investors and team.”

Last year, 86 Repairs closed $5.3 million in seed funding from investors. The company’s Series A brings the total investment in 86 Repairs to $24 million.

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