86 Repairs Raises an Additional $5.3 Million in Funding

Midwest Startups
Midwest Startups
Published in
3 min readJul 15, 2021

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86 Repairs is an innovative platform that automates the end-to-end repair and maintenance process for restaurants, providing actionable insights to improve back-of-house operations. Since its launch in 2018, 86 Repairs has partnered with customers nationwide, saving them an aggregate of $2.2 million and counting. Learn more at 86repairs.com.

July 13, 2021— Chicago-based restaurant tech company 86 Repairs announced it closed an additional $5.3 million from investors including TDF Ventures, Revolution, MATH Venture Partners, Cleveland Avenue, and Gordon Food Service (GFS). The new funding brings the company’s funding in this seed round to $7.3 million, after $2 million was raised earlier this year. They previously raised $1.5 million in a round led by Tamarind Hill. The additional investment will continue to strengthen 86 Repairs’ 146% year-to-year growth and scale its product innovation and data-driven solutions.

Disrupting the $26 billion restaurant equipment repair and maintenance (R&M) industry, 86 Repairs automates the end-to-end repair and maintenance process for restaurants and provides insights to improve restaurant operations which leads to significant time and cost savings, as demonstrated in the recently released State of Repairs Report, which takes a comprehensive look at industry-wide trends, never-before-seen data, and functional analysis to help operators positively impact the 86 Repairs R&M strategy.

“The operational insights provided by 86 Repairs are critical for restaurants to streamline their processes and save time and money,” said Don Thompson, Former CEO of McDonald’s and Founder of Cleveland Avenue, a privately-held venture capital firm that accelerates and strategically invests in innovative food, beverage, and restaurant concepts and emerging brands. “We are pleased to further support 86 Repairs’ innovation, vision, and growth, which is already having positive effects across the industry.”

Restaurants spend up to 3% of annual revenue on repairs and maintenance — the largest controllable budgetary line item. Since its launch in 2018, 86 Repairs has saved its customers an aggregate of $2.2 million and counting through its data-driven approach to on-demand repairs, preventative maintenance, and proactive insights.

“86 Repairs has demonstrated solid and sustained growth by offering a first-of-its kind solution for a previously neglected problem,” said Will Rayner, Principal, TDF Ventures. “We believe that the 86 model is primed to transform the market. We are doubling down on our investment to help the company seize this opportunity.”

“Operators are looking for ways to leverage technology to bolster their businesses. 86 Repairs is a crucial tool for back-of-house automation and post-pandemic growth,” said Daniel Estrada, co-founder and CEO, 86 Repairs. “Restaurant operators around the country are leveraging our service to save time and money, and we’re thrilled to have the support of an amazing group of investors who see the potential to bring 86 Repairs to kitchens everywhere.”

Learn more about 86 Repairs’ funding via the press release from PR Newswire.

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