April 22, 2025:
Lace AI Secures $14M to Boost Home Services Revenue - Lace AI, founded by ex-Meta engineer Boris Valkov, raised $14M to boost revenue for home service companies using AI-driven call analysis. The software targets missed sales opportunities by monitoring 100% of calls to enhance conversion rates. Operating under a SaaS model, Lace AI experienced a 1,000% ARR growth in 2024, partnering with firms like A1 Garage Door Service and Eco Plumbers.
With $19M in total funding, including backing from Bek Ventures, Lace AI plans to grow its Mountain View team of 20 employees. The additional funds will support the company's expansion efforts.
