PreFix, an Austin, Texas-based company that provides systems aimed at reducing the costs and challenges of homeownership, announced it has secured a multi-million-dollar growth financing package from Decathlon Capital Partners.
The funding will be used to support PreFix’s expansion into additional markets and to increase the size of its sales and field-support teams.
According to James Bilodeau, Founder and CEO of PreFix, the customized financing package establishes a foundation for the company’s ongoing development. PreFix offers homeowner members regular maintenance for home systems and appliances, as well as access to a dedicated home manager for most repairs.
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“For a fast-growing company such as PreFix, flexible, growth debt financing provides access to resources for growth without any dilution. This transaction will support our development and ability to better serve our customers in both new and existing markets without the loss of management control or costly additional overhead.”
James Bilodeau
“From its start in Austin, PreFix has successfully scaled and found strong acceptance among homeowners in San Antonio, Houston and Dallas as well,” Borchers said. “We’re pleased that Decathlon Capital Partners can support the continued expansion of PreFix with this company-friendly funding package.”
John Borchers, Managing Director of Decathlon Capital Partners
