UpSmith Secures $10 Million in Series A Funding to Enhance AI Solutions for Home Services

UpSmith, a startup based in Dallas, has announced it has raised $10 million in Series A funding. The company plans to utilize this capital to grow its engineering and sales teams, as well as to enhance partnerships. UpSmith’s AI platform is designed to help contractors in the home-services sector capitalize on previously overlooked revenue opportunities.

The funding round was led by SemperVirens, with participation from investors like Hannah Grey Ventures, Asymmetric Capital Partners, CIV, Synetro Group, the WaterStone Impact Fund, and several others. Allison Baum Gates of SemperVirens and Rob Biederman from Asymmetric Capital Partners will join UpSmith’s board as part of this investment. UpSmith currently employs 15 people, primarily in Dallas, and aims to expand its workforce further, focusing on small and midsize HVAC, plumbing, and electrical contractors.