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Enterprise IT Startup Buy It Installed Secures New Financing

Ecommerce technology startup Buy It Installed Secures New Financing

Buy It Installed announced the completion of a new round of financing. Three investors participated in the round: Skyview Ventures, Tech Coast Angels, and Crosspoint Venture Partners.

Buy It Installed has invented a process that automates the integration of installation services throughout the supply chain, enabling online retailers dynamically to connect consumers with qualified installers. For consumers, the Buy It Installed solution means simple “one-click” access to professional installation services: Consumers simply push a button to get the products they are buying installed. For retailers, the Buy It Installed button creates an enhanced consumer experience that, according to the company, leads to exponential sales growth.

A large proportion of consumers who are ready to make online purchases are turned off by the need to find installers. By packaging the online order with installation, the Buy It Installed button dramatically increases the close rate on transactions. The combination of product and service helps retailers increase both sales and customer satisfaction, while reducing product returns.

In its announcement, the company said the investment in Buy It Installed will be used to develop its service platform, expand sales, and recruit additional team members.