Pest IQ, a Provo, Utah-based performance analytics startup, secured $600,000 in pre-seed funding.
SaaS Investors
The investment was from Startup Ignition Ventures.
Startup Ignition Ventures is an early-stage pre-seed venture capital investment for teams with validated business models. Founded in 2015 and based in Provo, Utah, the firm seeks to invest in software as a service, technology, software, B2B, internet, consumer products, mobile, augmented reality, and virtual reality sectors.
About Pest IQ
Founded by Adam Weber and James Sullivan, Pest IQ is a technology-driven company in the pest control industry. Its mission is to empower pest control businesses with innovative solutions that utilize technology and data to drive performance. They offer intuitive software resources and automation to help professionals effortlessly capture and access critical data. Pest IQ operates on a SaaS business model with a minimal per-office fee and user fee. The company charges $200 per office and $10 per user, making it cost-effective for pest control companies.
Pest IQ plans to target the 32,000 pest control companies in the US and expand to other home service industries, such as electrical, plumbing, HVAC, landscaping, and home improvement. The startup currently has about 15 companies testing its product.
Funding Details
Company: Pest IQ
Raised: $600K
Round: Pre-Seed Round
Funding Month: August 2023
Lead Investors: Startup Ignition Ventures
Additional Investors:
Company Website: https://www.getpestiq.com/
Software Category: Performance Analytics Software
Source: https://techbuzz.news/pest-iq-raises-600k-pre-seed-investment-from-startup-ignition-ventures/