Vehya, a mobile app designed to streamline the installation, repair, and maintenance services for homes and small businesses, has raised $2.1 million in seed funding. This funding round, led by Community Reinvestment Fund, USA (CRF), aims to boost Vehya’s AI capabilities, expand its service offerings, and accelerate its growth in key markets such as California, Texas, Florida, Maryland, and Michigan.
The seed funding, with participation from various investors, will allow Vehya to advance its AI technology. The platform’s AI facilitates the scheduling, execution, and management of services, offering a seamless experience for both consumers and contractors. Alexis Dishman, CRF’s Chief Small Business Lending Officer, highlighted Vehya’s track record and innovative approach as key factors in the investment decision.
Vehya is redefining service delivery in sectors like electrification, HVAC, and plumbing. The platform uses AI to manage the entire service lifecycle, addressing common issues like scheduling conflicts and inconsistent service quality. CEO and Founder William McCoy emphasized the goal of making the hiring process for home and business services easy and reliable through AI technology.
The platform’s advanced AI algorithms match consumers with the most suitable contractors based on specific job requirements. Vehya offers services such as installing or repairing heat pumps, setting up EV chargers, integrating solar panels, and managing battery storage systems. The app provides real-time updates, predictive maintenance reminders, and a secure payment system, ensuring a hassle-free experience.
With the new funding, Vehya plans to extend its market reach, particularly in regions with high demand for automated service solutions in electrification and renewable energy systems. The company aims to onboard thousands of skilled contractors and offer a wide range of services, including plumbing, HVAC, electrical work, and drywall repairs. McCoy noted the goal of assisting customers with various home and business services to support their sustainability goals.
Vehya is dedicated to maintaining high standards of quality and reliability. The company’s technology suite includes a consumer mobile app, a partner dashboard, and a thorough vetting process for contractors, ensuring they have proper insurance and identification. The use of AI, along with user reviews and ratings, helps maintain high service standards. McCoy explained that AI automation improves processes like matching, scheduling, and logistics.
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By Proptechbuzz
By Ravi Kumar