Innovative home maintenance plan will expand into new markets through variable-repayment funding agreement that requires no equity exchange or loss of control
AUSTIN, Texas, Aug. 5, 2025 /PRNewswire/ — PreFix Inc., an Austin-based company whose innovative systems reduce the costs and hassles of homeownership, has 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.
James Bilodeau, Founder and CEO of PreFix, said the customized financing package offers a solid base for growth of the company, which provides its homeowner members with regular maintenance of home systems and appliances, as well as a dedicated home manager to handle most repairs.
“For a fast-growing company such as PreFix, flexible, growth debt financing provides access to resources for growth without any dilution,” Bilodeau 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.”
John Borchers, Managing Director of Decathlon Capital Partners, said the innovative membership plan pioneered by PreFix is quickly gaining traction among homeowners who want hassle-free home maintenance and repairs. “From its start in Austin, PreFix has successfully scaled and found strong acceptance among homeowners in San Antonio, Houston and Dallas as well,” Borchers said. “We’re pleased that Decathlon Capital Partners can support the continued expansion of PreFix with this company-friendly funding package.”
About PreFix
PreFix is a tech-enabled service that eliminates the hassles of home ownership, saves homeowners up to 50 percent off home maintenance costs, and creates a data-driven “operating system” for the home. A fully trained, dedicated Home Manager fixes most things for a low co-payment. Seasonal preventive maintenance on all appliances and systems is included, which pays for the cost of the service on its own. Learn more at www.prefixinc.com.
About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized growth-debt financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is active across a wide range of sectors. Learn more at www.decathloncapital.com.
View original content:https://www.prnewswire.com/news-releases/prefix-nails-down-growth-financing-in-deal-with-decathlon-capital-partners-302522493.html
SOURCE PreFix
