|What problem are you solving?
|FactoryFix is a two-sided marketplace, hence our mission is to bring value to both industrial companies and the companies/service providers that specialize in industrial services.Industrial companies need FactoryFix to stay productive and save on the costs incurred with searching for and vetting key vendors they need to stay productive. FactoryFix allows these companies to post a project or service need, and almost immediately receive up to 5 quotes from local Experts that specialize in the type of work they need done.
Service providers use FactoryFix to meet new customers. They receive leads from local industrial companies for projects that fit their capabilities. If they wish to send that customer a quote, the service provider pays FactoryFix an introduction fee. If not, they simply pass and wait for the next project.
|What is your solution?
|FactoryFix helps industrial and manufacturing companies get projects done by connecting them with local Experts that specialize in exactly the type of work they need done. We are an online marketplace for any service you would need in a factory including: Engineering Services, Equipment Maintenance, Repair Services, System Integration, and more.
|How will you make money?
|We make money by charging our Experts a lead generation fee for projects that we bring them.
|Tell us about the market & founders, why is this a great opportunity?
|Founder/CEO: Patrick O\’Rahilly is a graduate of Arizona State University and is a co-founder of Compass Automation, a company that designs and builds custom automation systems. Founded in 2009 with Bill Angsten, Compass is widely regarded as one of the fastest growing companies in the automation industry and will be featured on the 2014 Inc. Magazine list of the 500 fastest-growing private companies in America. The company has built automation systems for some of the world\’s leading manufacturing companies, including Raytheon, Regal Beloit, and Caterpillar. Patrick developed and tested some of the business hypothesis of FactorFix before making the jump to start the company in early 2015.
|What type of funding has the company received?
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