PreFix, an Austin-based company whose innovative systems aim to reduce the costs and hassles of homeownership, landed a multi-million-dollar growth financing package through Decathlon Capital Partners.
The additional funding will support expansion into new markets as well as growth of the company’s sales and field-support teams.
“For a fast-growing company such as PreFix, flexible, growth debt financing provides access to resources for growth without any dilution,” James Bilodeau, founder and CEO of PreFix, said. “This transaction will support our development and ability to better serve our customers in both new and existing markets without the loss of management control or costly additional overhead.”
“From its start in Austin, PreFix has successfully scaled and found strong acceptance among homeowners in San Antonio, Houston and Dallas as well,” John Borchers, managing director of Decathlon Capital Partners, said. “We’re pleased that Decathlon Capital Partners can support the continued expansion of PreFix with this company-friendly funding package.”
