Leading Angels Invest $1.4M in Fixt, the Fast-Growing Mobility Replacement Provider

Funding by Google Wallet Founders and Other Leading Angel Investors

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Mar 24, 2016, 07:46 ET

BALTIMORE, March 24, 2016 /PRNewswire/ -- Fixt, the leading on-demand platform for mobile replacement services, announced today that it has raised a $1.4M seed round from well-known Silicon Valley angel investors, including Jonathan Weiner, founder of Google Wallet, Jim Cash, Board Director of Wal-mart and advisor of Highland Capital Partners, and Paul Silber of Blu Venture Investors.

Luke Cooper, President & CEO, Fixt, Inc.

Fixt, launched in 2015 and based in Baltimore, has formulated a novel solution for the pervasive problem of defective mobile devices. Each incident of device malfunction can cost large companies hundreds of dollars and result in significant productivity loss for affected employees.

Fixt has created an efficient and secure way for large enterprise clients to troubleshoot mobility device problems at scale. By accessing the Fixt online platform, IT departments can initiate necessary repairs or replacements and monitor solutions by technicians and suppliers using a process that typically takes less than one hour from start to finish. Fixt has also built a cyber-security layer into their app that monitors common threats to help keep company and employee data safe during a repair.

"Our clients can drop into our resource management dashboard and see in real-time which devices are having issues and exactly how fast they are brought back online," explained Fixt founder and CEO Luke Cooper. "We take the problem of malfunctioning devices off their hands."

Growing numbers of well-known companies are using Fixt and are pleased with the results. Fixt's recent clients include organizations such as Kaiser Permanente, Johns Hopkins University, Promontory Financial Group, and others.

"Rolling out Fixt across our institution has resulted in real hard dollar savings and decreased mobile related call volume," said Jack Seuss, CIO of University of Maryland, Baltimore County. "For both corporate devices and BYOD, it's a game changer."

www.fixt.co

Contact:
David B. Wamsley
Rosebud Communications
www.rosebudpr.io
[email protected]
415.259.9104

Photo - http://photos.prnewswire.com/prnh/20160324/348008

SOURCE Fixt, Inc.