Smartserv
Leading application services provider offering complete systems to extend financial
About Smartserv
Established in 2017, SmartServ operates as a key player in the field service management software sector, providing a cloud-based platform designed to streamline operations for contractors. The company was co-founded by Arnav Anand, who serves as the CEO, and Karthickeyan Jeyabal. The founding team's background includes alumni from UW Madison and UC Berkeley, with experience in building and implementing products for Fortune 500 companies. SmartServ targets service businesses in trades such as HVAC, plumbing, electrical, and appliance repair, aiming to enhance their efficiency and customer-facing time.
The company's primary offering is a software-as-a-service (SaaS) product that functions as an all-in-one platform for managing field service operations. It enables businesses to handle scheduling, dispatching, customer management, invoicing, and maintenance agreements. The platform features an AI-powered assistant designed to help businesses score and capitalize on lead opportunities that might otherwise be missed. This focus on automation and data-driven insights allows clients to reduce administrative tasks and improve sales metrics. Key functionalities include real-time job status tracking, communication tools for office and field staff, and seamless integration with QuickBooks for billing and time cards. The software is accessible via both web and mobile applications (iOS and Android), which include an offline mode to ensure functionality in areas without internet connectivity.
SmartServ's business model is centered on a subscription-based revenue stream. While the company has not publicly disclosed funding rounds, its estimated annual revenue is reported to be between $10 million and $50 million. The platform provides tangible benefits to its clients by automating workflows, which helps them to book more jobs and accelerate payment collection. Technicians in the field can use the mobile app to access schedules, update job statuses, create estimates, and process payments on-site. The company also offers digital marketing services, including SEO and PPC campaign management, to help its clients improve their online visibility and generate more leads.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | May 2000 | $18M | $70M | Conseco Capital Management · The Abernathy Group | — |
Growth signals
Latest recorded traffic for Smartserv is 230 monthly website visits.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later2 investors entered at this stage
- CMConseco Capital Management
The Abernathy Group
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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