Temasek is an investment fund affiliated with the Singaporean government, and along with Sequoia Capital, Red Dot Capital Partners, Samsung NEXT and Viola Ventures, they have awarded Puls with $50M in funding.
Puls is a network of technicians who are can be requested through their app, which promises to find the right person for the job in a little over an hour, 365 days a year. So far they have gathered 2,500 technicians and they are operating in the top 50 cities of the United States, and they can service over 200 products.
The technicians are available to service televisions, speakers, cameras, phones, and more. This makes it simple to find the right aid when it could otherwise be hard to find a specialized repair shop.
Puls sees potential in the market because they estimate that the average house will own around 50 electronic devices, making the need for repairs greater and greater. Eyal Ronen, the company’s CEO, indicated that he is very happy with the outcome of the funding, and they are looking forward to learning from Temasek’s expertise.
Last year, Puls raised $25 million after rebranding from just a cell phone servicing model.