🔥 Ex-Meta Engineer SMASHES $14M Seed Round for Lace AI – The Revenue Rocket Fuel for Home Services
From PyTorch to Profit Machines: The AI Revolution Hitting Your Local Plumber
Boris Valkov didn’t just build AI infrastructure at Meta – he saw the FUTURE. While most engineers were obsessed with models, Valkov spotted the billion-dollar opportunity in applying AI to the trenches of home service businesses. Now his startup Lace AI is turning customer service calls into revenue geysers.
“Every missed call is a $500 bill left on the table. We’re giving HVAC companies and plumbers the same AI superpowers as Fortune 500s.”
Boris Valkov, Founder & CEO of Lace AI
🚀 The 1,000% ARR Growth Story You Can’t Ignore
These numbers don’t lie:
- 1,000% ARR growth in 2024 (first full year of sales)
- 100+ businesses already powered including A1 Garage Door and Eco Plumbers
- Double-digit revenue lifts for customers – that’s MILLIONS per year for mid-sized operators
💡 Why VCs Are Throwing Money at This Problem
Bek Ventures’ Mehmet Atici explains the gold rush:
“Home services represent a $600B industry where most operators still track calls with pen and paper. Lace’s AI is like giving cavemen smartphones – the impact is immediate and massive.”
Mehmet Atici, Managing Partner at Bek Ventures
⚡ How Lace’s AI Artillery Works
While competitors sample calls, Lace goes all-in:
- 100% call monitoring – no opportunities slip through
- Real-time conversion optimization during calls
- Post-call revenue leakage detection
💰 The Math That Will Make You Sweat
For a $300M home services company:
- 1% conversion lift = $3M pure profit
- 5% lift = $15M game-changing revenue
🏗️ What’s Next: The 3X Growth Blitz
With $19M total funding (including a stealth $5M pre-seed), Lace is:
- Tripling their 20-person team
- Expanding beyond home services
- Building AI that doesn’t just analyze calls – but drives them
The bottom line? AI isn’t just for tech giants anymore – it’s coming for your local roofer, and it’s bringing bags of cash with it.