Durable Technologies secures $6.25M seed financing

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By CPE News

CPE News Brief (12.5.2022) – Durable Technologies Inc. has raised $6.25 million in seed funding from Altman Capital, Torch Capital, Infinity Ventures, Dash Fund, South Park Commons, Soma, Night Capital, Lorimer Ventures, and private investors.

Founded by Ross Howard-Jones, James Clift, and Helio Bentes, Vancouver based Durable is a service business in a box. “We’re on a mission to make owning a business easier than having a job.”

photo credit: Durable Technologies

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Durable Raises $6.25M

After launching our first product last month, we’re excited to announce our seed funding round.

We’ve raised $6.25m from Altman Capital, Torch Capital, Infinity Ventures, Dash Fund, South Park Commons, Soma, Night Capital, Lorimer Ventures, and some incredible angels.

In the past few years, new business creation has exploded. 500,000 new businesses are started every month in the US.

75% of these businesses don’t have employees, and the majority of them are service-based companies. Service companies power the economy.

Rather — solo service business owners power the economy. But the process of starting and growing a solo business is still incredibly complicated.

Durable makes it 10x easier to start and grow a solo service business
Our mission is to make owning a business easier than having a job.

We’ve built a platform that gives owners everything they need to start and grow their service business.

Right now, includes a website, marketing automation, CRM, invoicing, and financial tools. It’s one login to manage your entire business, and you can get started in less than 30 seconds.

We’re powered by artificial intelligence
Last month, we launched the first AI-powered website builder for solo business owners.

It went viral, with over 39k websites built so far. This is just the first of many AI powered apps we’re building to automate everything we can for our customers – so they can focus on delivering their best work.

Our next launch is automated marketing – using AI to write ads, emails, and social media posts.

We’re planning to tackle everything from accounting to contracts with our AI engine.

Our vision
From powerful AI tools for marketing and branding, to easy invoicing, to money management — we’ve built the compounded and complete growth platform that solo business need to get started and scaling.

And we’re just getting started.

We believe in a world where every individual owns their own business. Whether it’s a full-time gig or a side hustle, we want to help you turn your skills into a profitable business.

If we do our job right, everyone will have the opportunity to become part of the ownership economy.

Onwards!