UpSmith raises $10M to turn idle contractor databases into booked jobs
What's the deal? UpSmithDealroom has a profile for this one. Try Dealroom →, a Dallas-based AI platform for trades businesses, has raised $10 million in Series A funding to expand its software for essential-services contractors. SemperVirensDealroom has a profile for this one. Try Dealroom → led the round, with participation from Hannah Grey Ventures, Asymmetric Capital PartnersDealroom has a profile for this one. Try Dealroom →, CIVDealroom has a profile for this one. Try Dealroom →, Synetro GroupDealroom has a profile for this one. Try Dealroom →, the Tim TebowDealroom has a profile for this one. Try Dealroom →-anchored WaterStone Impact FundDealroom has a profile for this one. Try Dealroom →, and others.
What's the endgame? UpSmith builds AI agents for electricians, plumbers, and HVAC technicians, targeting the thousands of open estimates, missed calls, and inactive customers that pile up at home-services firms. The money will fund engineering hires and wider distribution across the home-services industry.
What's new? The company is launching an AI voice agent to handle inbound customer calls and a unified customer timeline that pulls interactions and job activities into one record. It is also a certified ServiceTitan ecosystem partner.
The numbers: Founded in 2022, UpSmith serves more than 200 home-services operators across the US. It cites early results: cancellations fell 34% at Ohio's Five Star Home ServicesDealroom has a profile for this one. Try Dealroom →, while Texas-based Medley ACDealroom has a profile for this one. Try Dealroom → generated $147,000 in new revenue over three months.
What they're saying: "We believe AI should power the people who power America," said founder and chief executive officer Wyatt Smith. "This funding allows us to put more powerful tools in the hands of the people who keep America running."
Allison Baum Gates of SemperVirens and Rob Biederman of Asymmetric Capital Partners join UpSmith's board. "The skilled trades are the backbone of the American economy, yet the technology built for these businesses has historically lagged behind," Gates said.
The signal: The round lands amid a wider debate over whether AI and data centres benefit ordinary workers. UpSmith's bet is that the biggest gains may come not from flashy new tools but from mining the customer data trades businesses already own.
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