Sequoia Israel leads $3 mln round for CellSavers


CellSavers said Monday that it raised $3 million in seed funding from Sequoia Israel. Angel investor Robert Antokol (CEO, Playtika) also participated in the round. CellSavers, of San Diego, is an on-demand smartphone repair service provider.

PRESS RELEASE

(San Diego. December 21, 2015) On-demand smartphone repair service provider CellSavers announced today that it has raised $3 million in seed funding from Sequoia Israel. Angel investor Robert Antokol (CEO, Playtika) also participated in the round. Along with the funding, Sequoia Israel partner Gili Raanan will join the CellSavers board.

Launched earlier this year, CellSavers offers expert, reliable, highly-vetted technicians to quickly fix smartphones at the time and place of the customers’ choice.

CellSavers is already active in several major cities across the U.S. and recently launched in San Francisco. This investment will help CellSavers enhance its technology-driven logistics and expand into other major U.S. cities in the billion dollar smartphone repair market.

CellSavers’ online booking process is seamless and quick, with predetermined prices and no surprises, expert assistance typically available within 30 minutes or less, premium parts and a lifetime warranty. The company has already repaired thousands of phones across the country, while providing industry standard-setting service that is consistently praised by consumers.

“A broken smartphone is a real disaster for anyone,” said Gili Raanan, partner, Sequoia Israel. “CellSavers makes it easy to fix your phone at a time and location that’s convenient for you. We are excited to partner with Eyal, Itai and the entire team. They get rave reviews from their customers and the technicians in their network.”

“We are proud and excited to partner with Sequoia Capital,” said Itai Hirsch, co-founder and President, CellSavers. “Their experience growing on-demand companies is unparalleled, helping industry leaders such as Airbnb, DoorDash and Instacart to scale and become household names. We’re thrilled to welcome Gili Raanan to the board. His experience with popular consumer services such as Moovit, Snaptu (acquired by Facebook) and Onavo (acquired by Facebook) makes him the perfect partner for our company. With Sequoia’s help, we aim to make CellSavers the national standard for the highest quality, most convenient, most reliable on-demand smartphone repair service.”

“We take great pride in our technicians’ ability to delight our customers with excellent service, which is why we consistently experience a great response from users,” said Eyal Ronen, co-founder and CEO, CellSavers. “We see our platform as the difference between hailing a cab in the rain and ordering a ride at the click of a button while sitting in the comfort of your home, office, or café. We at CellSavers pride ourselves on our customer service – going the extra mile, often literally, to repair customers’ phones at any location, from gyms to bars and even family picnics. It’s a leap in the quality of service people are receiving for their most important digital lifeline.”

About CellSavers
CellSavers is the easiest, safest and most professional way for smartphone users to have their device repaired, all within the hour at their preferred location, such as home, office, café or gym. With customer satisfaction at its core, CellSavers expert phone technicians are extensively vetted and tested to ensure that every interaction ends with a delighted customer. With CellSavers, all smartphones are fully fixed with a lifetime warranty, pre-arranged price and guaranteed safety for phone data. With service available in major cities, CellSavers is a national support service with consistently high reviews across the USA. Find out more at http://MyCellSavers.com.
About Sequoia
The Sequoia team helps a small number of daring founders build legendary companies. We spur them to push the boundaries of what’s possible. In partnering with Sequoia, companies benefit from our unmatched community and the lessons we’ve learned over 40 years working with Steve Jobs, Larry Ellison, John Morgridge, Jerry Yang, Elon Musk, Larry Page, Jan Koum, Brian Chesky, Drew Houston, Adi Tatarko and Jack Dorsey, among many others. In aggregate, Sequoia-backed companies account for more than 20% of NASDAQ’s total value. We’re proud that their success also fuels great causes. The vast majority of money we invest is on behalf of non-profits and schools like the Ford Foundation, Mayo Clinic and MIT, which means that the returns generated from the incredible achievements of founders can make a massive difference.

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