About Service
Service is a company based in Los Angeles (United States) founded in 2015 was acquired by ClaimCompass in July 2020.. Service has raised $3.64 million across 2 funding rounds from investors including ClaimCompass, Founders Fund and Menlo Ventures. Service operates in a competitive market with competitors including Modria, Bruviti, Plain, Metasix and Best Practical Solutions, among others.
- Headquarter Los Angeles, United States
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3.64 M (USD)
in 2 rounds
-
Latest Funding Round
$3.1 M (USD), Seed
Oct 13, 2015
-
Investors
ClaimCompass
& 5 more
-
Employee Count
Employee Count
-
Acquired by
ClaimCompass
(Jul 16, 2020)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Service
Service has successfully raised a total of $3.64M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.1 million completed in October 2015. 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 2
- Last Round Seed — $3.1M
-
First Round
First Round
(01 Jun 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Seed - Service | Valuation | Founders Fund , Menlo Ventures | |
| Jun, 2015 | Amount | Seed - Service | Valuation | Arena Ventures |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Service
Service has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include ClaimCompass, Founders Fund and Menlo Ventures. 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 |
|---|---|---|---|---|
|
Venture capital investments in technology and defense sectors.
|
Founded Year | Domain | Location | |
|
Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
|
Founded Year | Domain | Location | |
|
Venture capital investments in consumer businesses, emphasizing technology and human behavior.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Service
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Service
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Service Comparisons
Competitors of Service
Service 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 Modria, Bruviti, Plain, Metasix and Best Practical Solutions, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online disputes are resolved through a cloud-based platform.
|
|
| domain | founded_year | HQ Location |
AI predictive analytics and complaint management solutions are offered online.
|
|
| domain | founded_year | HQ Location |
SaaS platform for complaint management and feedback collection is provided.
|
|
| domain | founded_year | HQ Location |
Provides omnichannel software for customer support and public sector management.
|
|
| domain | founded_year | HQ Location |
Open-source tools for tracking workflows and managing customer requests.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Service
Frequently Asked Questions about Service
When was Service founded?
Service was founded in 2015.
Where is Service located?
Service is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Service a funded company?
Service is a funded company, having raised a total of $3.64M across 2 funding rounds to date. The company's 1st funding round was a Seed of $540K, raised on Jun 01, 2015.
What does Service do?
Founded in 2015 and based in Los Angeles, United States, the company operates in the customer service sector as a resolution platform. Customer problems are submitted with supporting documentation, after which reasonable cases are advanced and handled on behalf of users. Services are provided free of charge to both consumers and businesses, focusing on efficient issue management across various domains.
Who are the top competitors of Service?
Who are Service's investors?
Service has 6 investors. Key investors include ClaimCompass, Founders Fund, Menlo Ventures, Maveron, and Eight Ventures.