Our investment in PreFix

A data-driven operating system for the home that puts it on autopilot

We are excited to announce that Matchstick Ventures Fund III has completed an investment in PreFix. PreFix is a data-driven operating system that puts home maintenance on autopilot. 

When it comes to owning a home, there’s a lot to manage. Routine maintenance is important, and, if it’s not taken care of, can lead to larger issues that take up even more time and money. Unfortunately, not all homeowners have the time or knowledge to properly manage their homes. There is also a current shortage of tradespeople, making it more difficult and expensive to hire experts. Even with new technologies and as homes become “smarter,” there is still a need for “last mile” service in the home when something goes wrong.

For millions of Americans whose home is their most valuable asset, routine maintenance is something they wish they had the time and expertise for, but don’t.

Enter PreFix, a primary care physician for home maintenance. Much like a person’s primary care physician, PreFix’s home managers see the home twice a year for a check-up and to prevent smaller issues from turning into big ones. 

Each home manager is a dedicated specialist for a region and eliminates the hassle of home maintenance by following a 30-point checklist every six months. This includes services such as cleaning drains and filters, inspecting for leaks, and testing smoke and carbon monoxide detectors. Beyond that, home managers are also available for other repairs and tasks that come up around the home, and can coordinate and make recommendations on contractors for larger issues. 

All of this is available to homeowners at a low-cost monthly subscription. PreFix has also recently rolled out a version of its services for insurance companies to offer to their clients. By keeping up with routine maintenance, homeowners can not only save themselves money, but their insurance companies as well by avoiding costly claims. 

We have been tracking PreFix’s progress since 2017 when they went through the TechStars Boulder program. As the company is currently at an inflection point with the recent launch of its program aimed at insurance companies, we are excited to get involved. PreFix is currently available in four cities in Texas and is expanding soon to Colorado. We’re excited to watch their growth!

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October 13, 2023