A Chicago startup working to simplify equipment repairs for restaurants just raised more funding from local investors.
86 Repairs announced Tuesday that it raised $5.3 million from investors, bringing its seed round to $7.3 million. In March, the startup announced it raised $2 million.
Investors in the round include TDF Ventures, Gordon Food Service, MATH Venture Partners, Revolution and Cleveland Avenue. To date, 86 Repairs has raised $8.8 million. In 2019, the company raised $1.5 million. 86 Repairs was also one of Chicago Inno’s 21 Startups to Watch in 2021.
The funding will be used to improve and scale its software.
Founded in 2018 by Daniel Estrada and Joe Gallagher, 86 Repairs has created a subscription service that manages repairs for restaurant groups. The platform helps restaurants troubleshoot issues, schedule a repair, and track how much they're spending on equipment maintenance.
86 Repairs will coordinate all aspects of the repair process, dispatching someone from its authorized service network or from the restaurant's preferred vendor list, who can repair items like ovens and HVAC systems to walk-in freezers.
Named after the term used in the food service industry to describe something that's no longer on the menu, 86 Repairs says it has partnered with hundreds of restaurant locations and saved them a combined $2.2 million.
Current clients include 4 Rivers Smokehouse, Peas and Carrots Hospitality and individual franchises of McDonald's, Jimmy John's and Sonic Drive-Ins.
