Hudson Appliance Repair Company (Hudson) is seeking to raise $50M in Series A funding
Hudson Appliances is looking to raise more than $50 million in a Series A round of funding.
The startup announced a series A round earlier this week, and is looking for venture capital to support the investment, according to a press release.
Hudford Appliance has built a reputation as a reliable appliance repair and maintenance company for decades, with more than 2,000 service centers in the U.S. and abroad.
The company has also made a name for itself in the appliance repair market, with the first two Hudson Appliers in the country serving customers in New York City and Los Angeles.
The second Hudson Applier in California opened in 2016, and the third is slated to open in 2020.
“We are thrilled to have been selected by Hudson to join this round,” Hudson Appliant cofounder and CEO Chris Nieder told CNBC.
“This investment will allow us to expand our team, accelerate growth, and further improve our ability to deliver quality products to our customers.
Hudson is a leader in the segment, and our products have made a difference in our customers lives.
Hudson Appliants team is growing and will continue to make a difference.”
In addition to expanding the service area, Hudson Applient said the funding will help it “provide customers with new tools to repair and maintain their appliances, as well as a full suite of new services for them to benefit from.”
For more information, visit hudscotan.com