Skyview Ventures is excited to announce its investment in the A-Round of Buy It Installed Inc This software-enabled-services company has invented a process that fully automates the integration of installation services throughout the supply chain enabling online retailers to dynamically connect consumers with qualified installers For consumers the Buy It Installed solution means simple one-click access to professional installation services Consumers simply push a button and get the products they are buying installed For retailers the Buy It Installed button means an enhanced consumer experience that leads to exponential sales growth A large percentage of consumers are ready to make an online purchase but they are turned off by the need to separately find an installer By packaging the online order with installation the Buy It Installed button dramatically increases the close rate on transactions This helps retailers increase both sales and customer satisfaction while reducing product returns
The investment in Buy It Installed will be used to further develop the service platform recruit additional team members and harness the existing large customer demand Skyview Ventures is investing in this round alongside Tech Coast Angels the ACE Fund and families core to the venerable Crosspoint Venture Partners
Skyview Capital Ventures has relevant experience in the Mobile Software as a Service Cloud-based customer support and eCommerce segments through previous investments in NewPace Headsprout Mimio LSSiData Kangarootime and Syncplicity
Alex Soltani Skyview Capital’s CEO says Skyview Ventures has had great success helping disruptive companies in the software and E-commerce sectors E-commerce has become a major sales channel globally and providing coordinated installations is a logical next step Buy It Installed has a great team and this additional capital will help them scale into a major player in this E-commerce logistics space ”
Todd Banhidy Buy It Installed’s founder says We are very excited to have Skyview Ventures participate in this round Skyview brings relevant technical and operating experience and a great camaraderie as the first institutional investors in this round ”
Matt Thompson Skyview Capital Ventures Senior Vice President says We are looking forward to partner with Todd Banhidy and the Buy It Installed team We see a huge market in finishing the eCommerce last foot of completing the assembly and installation of the items There are so many times when I choose not to purchase an item because I don’t know who will install it We expect Buy It Installed to define this market segment which is at the intersection of eCommerce Artificial Intelligence big data and mobility ”
About Skyview Ventures
Skyview Ventures is a wholly owned division of Skyview Capital LLC Skyview Ventures partners with entrepreneurs in Southern California who are developing disruptive technologies Skyview Ventures invests in early stage businesses where the team can leverage industry experience and its vast relationships Current areas of focus include Digital Media IoT Augmented and Virtual Reality Telecom and Software Social Media Fintech HealthTech and Biotech Skyview Ventures is based in Los Angeles California www skyviewcapital com/ventures
About Skyview Capital LLC
Skyview Capital is a global private investment firm headquartered in Los Angeles California which specializes in the acquisition and management of mission critical enterprises in the areas of technology telecommunications business services and manufacturing By leveraging its operational resources and financial acumen Skyview systematically enhances the long-term sustainable value of the businesses it acquires To date Skyview has successfully completed more than 25 transactions within its target market verticals Visit www skyviewcapital com
About Buy It Installed Inc
Buy It Installed is a button integrated into a retailer’s e-commerce site which enables a consumer to buy their product with manufacturer certified service nationwide Having automated the complex human system that is installed sales they are the first to successfully serve large retailers at a massive scale More information on the Irvine CA based Buy It Installed Inc can be found at www buyitinstalled com
Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/Buy%20It%20Installed/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co
