{"id":458641,"date":"2026-10-07T02:52:23","date_gmt":"2026-10-07T02:52:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/458641\/"},"modified":"2026-10-07T02:52:23","modified_gmt":"2026-10-07T02:52:23","slug":"upsmith-raises-10m-series-a-for-ai-tools-for-the-trades","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/458641\/","title":{"rendered":"UpSmith Raises $10M Series A for AI Tools for the Trades"},"content":{"rendered":"

\"Wyatt<\/p>\n

Wyatt Smith is CEO of Dallas-based UpSmith. [Photo: UpSmith, DI Studio]<\/p>\n

Dallas-based UpSmith raised a $10 million Series A round to expand its engineering and sales teams and ramp up partnerships. The startup\u2019s AI platform helps home-services contractors find and act on otherwise missed revenue opportunities.<\/p>\n

SemperVirens led the round. Other investors include Hannah Grey Ventures, Asymmetric Capital Partners, CIV, Synetro Group, the Tim Tebow-affiliated WaterStone Impact Fund, former OpenAI executive Colin Evans of Sandwith Ventures, Deason Capital Services and OpenGov co-founder Zachary Bookman. SemperVirens General Partner Allison Baum Gates and Rob Biederman, managing partner at Asymmetric Capital Partners, are joining UpSmith\u2019s board.<\/p>\n

This round is the startup\u2019s largest to date. In 2024, UpSmith raised $5 million in seed funding<\/a>. Two years earlier, it collected $3.3 million in pre-seed capital<\/a>.<\/p>\n

Expanding the workforce<\/p>\n

UpSmith said it will put some of the fresh capital toward growing its engineering and sales teams.<\/p>\n

Today, the startup employs 15 people, most of them in Dallas, founder and CEO Wyatt Smith told Dallas Innovates.<\/p>\n

About half of UpSmith\u2019s employees work in engineering and product development, he said.<\/p>\n

\u201cWe plan to ramp our investment in building world-class AI products for our customers over the next 12 to 18 months by expanding this team,\u201d Smith said.<\/p>\n

Another priority: adding more account executives. UpSmith\u2019s new head of sales, Austen Wise, oversees the sales team, Smith said. The team focuses on small and midsize HVAC, plumbing and electrical contractors. However, the startup said the home-services sector is only its initial target.<\/p>\n

UpSmith also plans to foster more business relationships, Smith said.<\/p>\n

\u201cWe\u2019re expanding our work with multibrand home services platforms that operate dozens of local trades companies, where one deal can reach many brands and thousands of technicians,\u201d he said.<\/p>\n

The startup also said it plans to roll out an AI voice agent for inbound customer calls. Data from those calls will be coupled with a customer\u2019s UpSmith history.\u00a0<\/p>\n

How UpSmith works<\/p>\n

Stale project estimates, missed calls, overdue maintenance, expiring customer memberships and inactive customers pile up at home-services companies, UpSmith said. Following up on those opportunities requires time and staff that many of those companies lack.<\/p>\n

UpSmith\u2019s AI agents identify and act on those opportunities, \u201cturning untapped customer demand into measurable results, including thousands of booked jobs and millions of dollars in revenue for contractors,\u201d the startup said.<\/p>\n

\u201cWe believe AI should power the people who power America. The skilled trades are the backbone of this country, and we\u2019re building technology that solves real problems for contractors, delivers measurable results and helps their businesses grow,\u201d Smith said in a statement. \u201cThis funding allows us to put more powerful tools in the hands of the people who keep America running.\u201d<\/p>\n

UpSmith, founded in 2022, said it has built a customer roster of more than 200 home-services operators in the U.S.<\/p>\n

Real-world example<\/p>\n

In its Series A announcement, UpSmith cited examples of customers benefiting from the startup\u2019s AI platform. For instance, Carrollton-based HVAC and plumbing contractor Medley generated $147,000 in new revenue over a three-month span and reduced cancellations by 25%, UpSmith said.<\/p>\n

\u201cThe skilled trades are the backbone of the American economy, yet the technology built for these businesses has historically lagged behind the critical role they play,\u201d Baum Gates said in a statement.<\/p>\n

\u201cUpSmith is delivering measurable results for contractors across the country,\u201d she said, \u201cand its growth over the past several months shows the demand for technology that can help these businesses operate and grow.\u201d<\/p>\n

\tR E A D\u00a0\u00a0 N E X T\t<\/p>\n

\t\"\"<\/a><\/p>\n

North Texas has plenty to see, hear, and watch.\u00a0Here are our editors’ picks. Plus, you’ll find more selections to “save the date.”<\/p>\n

\t\"Sina<\/a><\/p>\n

The grant, awarded to UT Southwestern biotech spinoff MusiQ Bio, could pave the way for human clinical trials of the startup\u2019s proprietary cancer-fighting platform within five years.<\/p>\n

\t\"\"<\/a><\/p>\n

The startup, led by ex-Remington Hospitality CEO Sloan Dean, relies on 60-plus AI agents to perform back-office tasks so hotel staff can focus on guests.<\/p>\n

\t\"Anthem<\/a><\/p>\n

The Washington, D.C.-based company is ramping production of its Anthem long-range cruise missile in North Texas. Investors include Andreessen Horowitz, Founders Fund, Lux Capital, 8VC, Aleph and Lightspeed Venture Partners.<\/p>\n

\t\"Stage<\/a><\/p>\n

Four years after arriving at Pegasus Park, the Boston-based accelerator is adding health and security accelerators and founder clinics, backed by a renewed two-year grant from Lyda Hill Philanthropies.<\/p>\n

\t\"flex<\/a><\/p>\n

Flexcar says it\u2019s disrupting a $110 billion industry \u201cby providing customers a better alternative to car ownership.\u201d<\/p>\n

\t\"Assorted<\/a><\/p>\n

Located at DFW\u2019s Terminal A, the Bonton Farms retail store will introduce travelers to the nonprofit\u2019s mission while selling local honey, handmade jams, goat milk soaps, grab-and-go food items, apparel and gifts. It is the organization\u2019s first location outside South Dallas.<\/p>\n

\t\"\"<\/a><\/p>\n

The university\u2019s Property Lab features two full-scale, two-story homes, and the Auto Lab contains nearly 30 electric, hybrid and traditional vehicles, supporting a claims workforce of 23,000.<\/p>\n

\t\"\"<\/a><\/p>\n

Irving-based Builders FirstSource led a $25.3 million Series A investment as part of a larger partnership with the Vancouver, Washington-based maker of AI software for residential construction.<\/p>\n

\t\"\"<\/a><\/p>\n

A small-scale version of Richardson with storefronts and local landmarks serves as a centerpiece of economic and financial literacy education for fifth-and seventh-graders.<\/p>\n","protected":false},"excerpt":{"rendered":"Wyatt Smith is CEO of Dallas-based UpSmith. [Photo: UpSmith, DI Studio] Dallas-based UpSmith raised a $10 million Series…\n","protected":false},"author":2,"featured_media":458642,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[156925,3436,156926,102,104,103,156927,156928,156929,156930,156931,92782,70965,156932,11901,97694],"class_list":["post-458641","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dallas","tag-allison-baum-gates","tag-artificial-intelligence","tag-asymmetric-capital-partners","tag-dallas","tag-dallas-headlines","tag-dallas-news","tag-deason-capital-services","tag-hannah-grey-ventures","tag-home-services","tag-medley-heating-air-conditioning-plumbing","tag-sempervirens","tag-series-a","tag-skilled-trades","tag-upsmith","tag-venture-capital","tag-wyatt-smith"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/458641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=458641"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/458641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/458642"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=458641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=458641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=458641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}