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Vehya raised $2.1M in seed funding led by Community Reinvestment Fund, USA (CRF) to enhance AI capabilities and expand service offerings for home and small business services.

Jun 19, 2024about 1 year ago

Amount Raised

$2.1 Million

Round Type

seed

DetroitMobile

Investors

Community Reinvestment Fund, Usa (Crf)

Description

Vehya, a Detroit, MI-based provider of a mobile app automating the installation, repair, and routine maintenance processes for home and small business services, raised $2.1M in Seed funding. The round was led by Community Reinvestment Fund, USA (CRF), with participation from other investors. The company intends to use the funds to enhance its AI capabilities, expand its service offerings, and accelerate growth in key markets.

Company Information

Company

Vehya

Location

Detroit, Michigan, United States

About

Vehya is a marketplace specifically designed for the electrification of things. We make it easy to purchase, install, and service products such as EV chargers, solar, battery storage, and even heat pumps.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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