AI Startup Lace Raises $14M to Revolutionize Home Service Customer Service

Lace AI, an innovative startup leveraging artificial intelligence (AI), has secured $14 million in seed funding to revolutionize customer service for home service businesses. The company’s platform analyzes customer calls and identifies missed sales opportunities, boosting revenue for businesses in this sector. This funding follows a year of impressive growth where Lace AI saw 1,000% annual recurring revenue (ARR) increase, fueled by successful partnerships with prominent companies like A1 Garage Door Service. Led by engineers with expertise from Meta and VMware, the startup focuses on leveraging AI to optimize customer interactions in industries traditionally underserved by technology.