Phone repair

Repairly, an on-demand technology repair service, has closed a £265,000 Seed round.

Investors include Virgin Media, Techstars, early-stage tech investor Richard Fearn, Daniel Murray, CEO of Grabble and Richard Pleeth, founder of Sup app and ex-Google marketing manager.

Based in London, Repairly collects and repairs users’ phones, tablets and laptops, then delivers the device back to them once it has been fixed. It claims to do this in an average time of 2 hours and 6 minutes.

Richard Edwards, co-founder of Repairly, commented: “We saw how much technology had advanced but the support for that technology was lagging behind.

“People were waiting for up to two weeks without their phone. That seems crazy to today’s technology-reliant society,” he added.

Founded in 2015, Repairly is a graduate of UK accelerator Virgin Media Techstars, a 13-week mentorship programme funded by Virgin Media Business’ parent company Liberty Global.

The firm says it will use the new funding to expand its services throughout London.

Investor Richard Fearn concluded: “Repairly’s business is growing quickly into a large market, with strong unit economics and great customer reviews.”

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