Have you heard of "Buy it Installed?"
Investment and business opportunities dry up during an economic downturn, but the recent surge in ecommerce sales and business during this recent lockdown has shown that companies such as Buy It Installed, a leading provider of on-site installation solutions, can not only survive but also thrive.
Despite the recent economic downturn in the wake of the Coronavirus Pandemic, Buy It Installed Inc., (http://www.buyitinstalledinc.com/ ), has generated strong demand from leading auto manufacturers and retailers for its patented ISE™ technology platform and services, leading to the company recently receiving new investment funds after reopening a $4.5 million extension to its Series A round.
The Irvine-based company’s recent move into offering its “do it for me” (DIFM) installation solutions for the rapidly growing automotive aftermarket industry led to its highest monthly performance in April as well as the launch of several new clients.
The Buy It Installed® ISE patented technology platform allows online and offline consumers to purchase products with installation included, and then uses smart logic to manage and facilitate the installation with the most suitable installation service provider based on the product that was purchased and the consumer’s demographics.
Buy It Installed also owns and operates the Craftsman Republic® network, which consists of thousands of craftsmen and installation professionals nationwide who are brand certified and ready to help consumers. The company is expanding its service provider network to provide jobs and predictable income to craftsman impacted by the slowdown.
You get more than 30 years of experience in the home installation industry, Buy It Installed CEO Todd Banhidy combined his background with his team’s technology expertise in driving the design and development of the company’s innovative platform and system. He founded Buy It Installed after witnessing firsthand the business and consumer benefits that can come from a merchant offering on-site installation services and the importance of providing a high-quality consumer experience at scale.
The company has raised $18.5 million to date and they have already received commitments for further investment beyond their recent round.