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The Venture Codex

Save

49 Rue Jean Jaurès, Puteaux, Ile-de-France, 92800, France

Overview

Save transformed a single repair shop into a fast-growing startup offering in-mall repairs, courier pick-up and prepaid mail-in options. The company operates 78 shops, mostly in French malls, where many repairs are completed in about 20 minutes. It charges consistent prices across channels (example: iPhone 6 display €129; Galaxy S5 battery €39) and supports hundreds of models and dozens of repair types. Save employs hundreds of people, including about 250 repair technicians, and generates more than $1.5 million in monthly revenue while growing roughly 5% each week. The company plans to expand repair offerings to laptops, smartwatches and other electronics and is scaling rapidly across Europe and beyond. To support growth it standardizes processes, opens points of sale frequently, runs road shows with container stands, and conducts concentrated local HR training and supply scaling.

Total raised
$17M
Funding rounds
2
Latest round
Equity
Latest activity
Sep 2015

Industries

  • Hardware
  • Mobile
  • Mobile Devices
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Recent funding

  1. Equity

    Sep 2015

    $17M

Team

No current team members are available.