About HelloTech
HelloTech is a company based in Los Angeles (United States) founded in 2015 was acquired by Door in June 2024.. HelloTech has raised $48.15 million across 6 funding rounds from investors including SVB, Accel and Vebu. HelloTech has completed 1 acquisition, including Geekatoo. HelloTech offers products and services including Tech Support, Smart Home Set Up, IT Installations, and WiFi and Network Support. HelloTech operates in a competitive market with competitors including Nana, SuperHiTech, TecMe, Eco Home Heroes and Repair Economy Washington, among others.
- Headquarter Los Angeles, United States
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Sectors
Business Services
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Phone
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Website
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Social
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Products & Services of HelloTech
HelloTech offers a comprehensive portfolio of products and services, including Tech Support, Smart Home Set Up, IT Installations, and WiFi and Network Support. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Assists with computers, networks, and devices for home users
Handles setup and configuration of smart home systems
Provides TV mounting and audio-video setup for homes
Offers troubleshooting for WiFi and mobile networks
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Funding Insights of HelloTech
HelloTech has successfully raised a total of $48.15M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $5.49 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series B — $5.5M
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First Round
First Round
(27 Jan 2015)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series B - HelloTech | Valuation |
investors |
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| Jan, 2019 | Amount | Series B - HelloTech | Valuation | Idealab , Vebu | |
| Mar, 2018 | Amount | Series A - HelloTech | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HelloTech
HelloTech has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, Accel and Vebu. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing in seed and early stage companies in the US
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Founded Year | Domain | Location | |
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Startups in diverse technology sectors are incubated by Idealab.
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Founded Year | Domain | Location | |
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Investments are made in US pre-seed and seed tech companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HelloTech
HelloTech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Geekatoo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Discounted Crowdsourced Tech Support
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HelloTech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hellotech Comparisons
Competitors of HelloTech
HelloTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nana, SuperHiTech, TecMe, Eco Home Heroes and Repair Economy Washington, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multi-category grocery products are offered via an app-based retail platform.
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Offers IT management, security, device repairs, and tech support for businesses and consumers.
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Offers IT solutions, managed services, and specialist marketplace for SMBs.
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| domain | founded_year | HQ Location |
Offers air duct, dryer vent, and HVAC cleaning for residential and commercial properties.
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| domain | founded_year | HQ Location |
Platform connecting users to repair services, tool libraries, and makerspaces in communities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hellotech
Frequently Asked Questions about HelloTech
When was HelloTech founded?
HelloTech was founded in 2015.
Where is HelloTech located?
HelloTech is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is HelloTech a funded company?
HelloTech is a funded company, having raised a total of $48.15M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jan 27, 2015.
What does HelloTech do?
HelloTech was founded in 2015 and is headquartered in Los Angeles, United States. Tech support services are offered on-demand through vetted technicians who provide door-to-door assistance. A full spectrum of support is available, including consultations on new technologies and training sessions. Operations focus on the consumer technology sector, addressing installation, troubleshooting, and optimization needs.
Who are the top competitors of HelloTech?
HelloTech's top competitors include Nana, SuperHiTech and TecMe.
What products or services does HelloTech offer?
HelloTech offers Tech Support, Smart Home Set Up, IT Installations, and WiFi and Network Support.
How many acquisitions has HelloTech made?
HelloTech has made 1 acquisition, including Geekatoo.
Who are HelloTech's investors?
HelloTech has 15 investors. Key investors include SVB, Accel, Vebu, Crosscut Ventures, and Amplify.