Daisy has announced the successful completion of its $15 million Series C funding round. This new funding will reinforce its continued investments in acquisitions and propel further growth for its franchise operations. To date, Daisy has raised $35M, underscoring the company’s exceptional financial and operational performance in its first year in business.
The Series C investment solidifies Daisy’s balance sheet, providing significant cash resources and ensuring continued stability. By funding its operations through long-term investment partners with no debt, Daisy is building a sustainable business that can fulfill the ongoing needs of its partners, teams, and clients.
“I am so grateful to our incredible team of owners, technicians, salespeople, team members, and franchisees who have continued to exceed all expectations since our launch last year,” says Hagan Kappler, founder and CEO of Daisy. “We are excited to continue to invest in this space and to provide a truly forward-thinking approach to home and small business technology installation and services.”
Daisy has invested half of each dollar raised to acquire new businesses and half to build out systems to support the integration and success of its branch operations. This support system includes its recurring services business, recruiting and retention platforms, marketing and sales support, and a tech stack to enable day-to-day business operations.
“At Daisy, delighting our clients and partners is at the core of everything we do,” says Dion Persson, co-founder and chief growth officer of Daisy. “This additional funding enables us to further invest in innovative tools and resources that enhance the experience for our local branches, their teams, and, through them, the clients we serve. It’s about building a company that prioritizes both exceptional service and enduring relationships.”
“Daisy’s execution has been impressive” says Andy Spellman, Fifth Down founder and lead investor in Daisy’s Series C. “Fifth Down’s top criterion for direct investment is backing compelling founders, and Hagan and Dion exceed our views of compelling. We are excited about Daisy for all involved; especially the customers.”
Daisy recently announced its 10th acquisition, opened its seventh franchise location, and now has leading market positions in California and Florida with other locations in Connecticut, Colorado, Virginia, and Arizona.
To learn more about Daisy’s services, visit daisyco.com.
