Daisy, a smart home installation and services company based in Costa Mesa, California, recently closed a $7 million Series B funding round with Goldcrest Capital and Bungalow Capital as lead investors. This marks the second investment in the business, following a $11 million Series A funding round in June. CEO Hagan Kappler, a seasoned leader in the home services industry, started Daisy in early 2023 after leaving another franchise platform company. Since launching its franchise system in January, Daisy has been focused on acquiring and rebranding independent AV and integration businesses to expand its corporate locations and support its franchisees.
One of Daisy’s recent acquisitions was SaaviHome, a Denver-based smart home technology integration service company founded by Tyler Lantzy in 2004. Tyler’s son, Gavin Lantzy, who launched the franchise program, will be joining the Daisy team as the franchisee sales and success leader. In addition to SaaviHome, Daisy also acquired CyberManor, a connected home solutions company founded in Northern California. These strategic acquisitions are part of Daisy’s plan to establish a strong national brand in the smart home space.
Daisy’s unique approach goes beyond just one-time installations. The company aims to provide ongoing services that are relevant to customers through different life stages. The Daisy Care program offers on-demand remote tech support, quarterly maintenance visits, and smart home monitoring. Additionally, Daisy is investing in creating a positive work environment for technicians, with benefits, stock options, and a path to ownership for employees at acquired locations.
With a strong focus on technician retention and best practices sharing with franchisees, Daisy is on a mission to become the go-to destination for smart home installation and service. By providing customers with long-term support and care, Daisy is setting itself apart in the competitive smart home industry.
As Daisy continues to expand and grow its franchise system, the company is determined to provide top-notch services and support to its customers. With a vision to be the best place for technicians to work and a commitment to delivering high-quality smart home solutions, Daisy is on track to become a leader in the smart home installation and services sector. Stay tuned for more updates from Daisy as they continue to revolutionize the smart home industry and provide customers with exceptional service and support.
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