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Servify

company

About

Servify is a self-learning platform that provides device management services and warranty solutions.

Highlights

Total Funding Amount
$114.40M
Funding Rounds
7
Investors
20
Acquisition
3
Employee Profiles
5

Details

Last Funding Type
Series C
Last Funding Money Raised
$23M
Industries
Consumer Applications,Consumer Electronics,Consumer Software,Enterprise Software
Founded date
Nov 1, 2015
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Service Lee Technologies Private Limited

Servify is a mobile-based solution that aims to work as a personal assistant for all electronic gadgets and appliances owned by consumers in a household. The app, in addition to helping consumers store their bills and warranty on the cloud, also connects with the brand-authorized service ecosystem when consumers need a reliable repair.

Servify was founded in 2015 by Sreevathsa Prabhakar and is headquartered in Mumbai, Maharashtra, India.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$114.40M
Servify has raised a total of $114.40M in funding over 2 rounds. Their latest funding was raised on Aug 23, 2022 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 23, 2022 Series D $65M 8 Singularity Growth Opportunities Fund — Detail
Sep 23, 2020 Series C $23M 12 Iron Pillar — Detail
Jun 9, 2020 Series C $11.40M 3 Iron Pillar — Detail
Jan 1, 2019 Debt Financing — 1 Trifecta Capital Advisors — Detail
Aug 30, 2018 Series B $15M 3 Iron Pillar — Detail
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Investors

Number of Lead Investors
Number of Investors
7
20
Servify is funded by 20 investors. Singularity Growth Opportunities Fund and DMI AIF Sparkle Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Singularity Growth Opportunities Fund Yes Series D
DMI AIF Sparkle Fund — Series D
AmTrust Financial Services — Series D
BEENEXT — Series D
Blume Ventures — Series D
Iron Pillar — Series D
Pidilite Industries Limited — Series D
Square — Series D
Madhu Kela Family Office — Series C
The Sparkle Fund — Series C
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Employee Profiles

Number of Employee Profiles
5
Servify has 5 current employee profiles, including Executive Sreevathsa Prabhakar
Alok Vaish
Executive
Vikas Jain
Executive
Bharat Jain
Executive
Melville Fernandes
Executive

Acquisition

Servify has acquired 3 organizations. Their most recent acquisition was iService on Jan 3, 2019. They acquired iService for 0.

Date Company Name
Industry Acquisition Type Price
Jan 3, 2019 iService
Information Technology acquisition — Detail
Apr 14, 2021 WebToGo
Consumer Electronics acquisition — Detail
Feb 22, 2022 247around
E-Commerce acquisition — Detail
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