Fundraising Fox

Drillbit

YC S24

Austin, US · Founded 2023 · 10 employees · Hiring · 5 known investors

Drillbit provides an AI-powered customer acquisition and job booking system for trade businesses and franchise networks. The platform automates lead generation, scheduling, and follow-up without requiring CRM changes or additional staff, delivering results within existing business systems.

Also known as brazos.ai · Brazos.ai · Dashlar · Drillbit (YC S24)

Founders & leadership· Y Combinator alumni (S24)

Drillbit was founded in 2023 by Alexander Seutin.

ASAlexander Seutin
Alexander SeutininFounder & CEOAlexander Seutin studied computer science and artificial intelligence at Stanford and subsequently worked as an engineer at SpaceX, Apple, Rivian, and Built Robotics. He founded Drillbit to automate operational and administrative workflows for home service businesses.

Investors · 5

The YC application· Summer 2024 batch

Alumni Q&A

What is the core problem you are solving? Why is this a big problem? What made you decide to work on it?
The founders note that U.S. home maintenance costs about $700B per year, and that roughly half of any home service job's cost comes from coordinating the work rather than the work itself. Drillbit addresses this with AI receptionists that coordinate between parties at each stage, AI estimators that generate quotes, and integrated CRM, project management, and payment tools that record updates and take action.
What is your long-term vision? If you truly succeed, what will be different about the world?
The founders aim to reduce the administrative overhead in home ownership and maintenance—finding, quoting, managing, and coordinating jobs—by automating the home service industry, which they see as a way to make housing more affordable and accessible.

Summarized from the founders' answers on their Y Combinator profile.

Company profile

researched Aug 2026

Drillbit is an Austin, Texas-based company that builds AI agents to automate back-office and administrative work for residential contractors, home-service businesses and franchise networks. Its product captures inbound demand from phone calls, website visits, paid leads and advertising, qualifies those requests into structured leads, and writes them into the customer's CRM. The system then nurtures and converts leads through text, email and voice, checking CRM records and technician calendars to schedule appointments, and after job completion it creates invoice requests, follows up on unpaid balances and routes collected funds to the customer's bank account. The company markets the agent under the name "Mason," positioned as an AI employee rather than a new software system.

Earlier company descriptions from its Y Combinator profile and launch post frame the offering as AI receptionists plus an LLM-based quoting/estimating tool running on Drillbit's own CRM, project management and payment layer, managing a job from lead to quote to scheduling to staffing to payment. Later website material emphasizes that the product layers on top of the systems a business already uses and requires no CRM replacement or staff retraining, with the dashboard optional after onboarding. The company also targets franchisors and franchisees, adding a rebate program for franchisors and a referral program that pays a percentage of revenue on jobs booked through a referral link.

The company states it is SOC 2 compliant and maintains data privacy and retention policies. Reported technology and integration touchpoints include TypeScript, React, PostgreSQL, Docker, OpenAI, Twilio, Google Calendar, Housecall Pro and AccuLynx.

Founding story

Founder and CEO Alexander Seutin graduated from Stanford with a degree in computer science and AI and worked as an engineer at SpaceX, Apple, Rivian and Built Robotics, including developing robots for industrial construction projects. He spent several years renovating older homes and Airstreams, becoming familiar with the administrative pain points of construction and home-service businesses, and combined those interests to start Drillbit in 2023 with a stated mission of reducing housing costs by removing administrative overhead from home maintenance. One secondary account also names Liam Osler as co-founder and CTO, describing him as a prior collaborator with Seutin on industrial construction robotics.

Business model

Drillbit sells B2B software on a subscription basis, priced from $500 per month per location for an AI "employee," with usage-based billing that begins once the agent exceeds its quota. The company also operates a referral and rebate program under which individuals and franchisors earn a percentage of revenue from jobs booked through their referral link. Additional monetization sits alongside payment collection workflows, where the product pursues unpaid invoices and routes funds to the customer's connected bank account.

Recurring subscription revenue starting at $500 per month per location, supplemented by usage-based billing once an agent passes its quota, plus referral and franchisor rebate arrangements tied to booked job revenue.

Traction

The company's site reports 110,000+ jobs processed, a 148% booking-rate increase, a 2.89x profit margin increase and more than $150M in overall client lift, with its Mason agent credited with 44,000+ jobs and over $40M in client revenue. A featured customer case study states that ResiBrands saved $840K annually, boosted profits 2.56x and added $5M in new revenue within 90 days, and a second case study cites a 59% conversion-rate increase in 90 days. A 2024 announcement described onboarding 158 ResiBrands franchise businesses. A recruiting case study reports that first paying customers arrived shortly after the seed round, pushing the company toward profitability faster than expected. A third-party profile estimates roughly $1.1M ARR for 2025.

Latest developments

Company materials cite an AI agent, Mason, credited with more than 44,000 jobs worked and over $40M in client revenue, and headline figures of 110,000+ jobs processed and $150M+ in overall client lift. Additional franchise case studies are listed as forthcoming on the website. Third-party profiles list a team size of 11-50, a leadership team including a chief operating officer and a founding go-to-market hire, and estimated annualized revenue of roughly $1.1M for 2025.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Drillbit competes in vertical AI software for home services, with competitors identified as ServiceTitan, Housecall Pro and Jobber alongside traditional CRMs and project-management tools. It is described as a seed-stage, Y Combinator-backed company operating in the residential contracting and franchise services market, which its launch materials size at roughly $675B-$700B in annual U.S. home maintenance spending.

Drillbit positions itself against traditional CRMs and project-management tools, which its launch materials argue suffer high churn because owners feel they are "babysitting" the software. Instead of asking users to change behavior, Drillbit handles job coordination in familiar phone- and text-based ways, so that after onboarding the customer never needs to open the product. Other stated differentiators include no CRM replacement or retraining requirement, deployment of a custom AI agent during the first meeting, 24/7 availability, trade-specific quoting, and agents that improve by learning across a network of jobs already processed for other clients.

Technology

The platform combines AI receptionists that answer and qualify inbound calls and messages with LLM-based quoting and estimating tools, running over Drillbit's CRM, project management and payment components while also integrating with customers' existing CRMs and technician calendars. Agents place and receive calls, send texts and emails, schedule appointments, and pursue invoice collection. The company describes agents that improve over time by learning across jobs processed for many clients, and it states SOC 2 compliance with defined data privacy and retention policies. Reported stack elements include TypeScript, React, PostgreSQL, Docker, OpenAI, Twilio, Google Calendar, Housecall Pro and AccuLynx.

Go-to-market

The company sells directly to home-service business owners and to franchise networks, offering onboarding in which a custom AI agent can be built and deployed during the first meeting. Distribution is extended through franchisor rebates and a referral program paying a share of revenue on referred bookings. Early customer development relied on founder outreach for introductions to plumbers, electricians, house cleaners, lawn care providers, landscapers, tilers and roofers, and the company has used franchise partnerships such as ResiBrands to reach many locations at once. Marketing leans on published customer case-study results.

Residential contractors and home-service businesses, including plumbers, electricians, house cleaners, lawn care providers, landscapers, tilers and roofers, as well as franchisees and franchisors operating from a single location to thousands. Named customers include ResiBrands, That 1 Painter and Pink's Window Services.

Geography

Drillbit is headquartered in Austin, Texas, with listed addresses at 1400 Lavaca St and 6707 Rearden Rd, and job postings based in Austin with in-person or remote options. Its market focus is described as the United States residential home-services sector.

History

Drillbit was founded in 2023 and participated in Y Combinator's Summer 2024 batch, publishing a launch post describing AI receptionists, an LLM-based quoting tool and its own CRM. In August 2024 the company announced onboarding of 158 franchise businesses with ResiBrands, including That 1 Painter and Pink's Window Services. Following YC, the founder closed a $3.6M seed round; a recruiting case study describes the company at that point as a two-person team that then hired a founding engineer, Russ Wirtz, with plans to grow from two to eight people within nine months. Later company materials describe an AI agent branded "Mason" and franchise-oriented positioning, with reported headcount in the 11-50 range and offices in Austin.

Risks & controversies

Publicly reported funding figures for the company conflict across sources. Performance claims such as booking-rate lift, profit-margin expansion and client revenue generated are drawn from the company's own marketing pages and customer case studies rather than independently verified data. The product also raises workforce questions the company addresses directly, noting some customers reduce or freeze hiring of human customer service representatives after adopting the AI agent, and it competes with well-established incumbent field-service platforms.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Booking rate increaseJan 2026148%
Client revenue generated by Mason AI agentJan 2026$40M
Estimated ARRJan 2025$1.1M
Estimated monthly website visitsJul 20267,000 visits
Franchise businesses onboarded with ResiBrandsAug 2024158 businesses
HeadcountAug 202615
Jobs processedJan 2026110,000 jobs
Jobs worked by Mason AI agentJan 202644,000 jobs
Overall client revenue liftJan 2026$150M
Profit margin increaseJan 20262.9 x
Starting priceJan 2026$500
Team sizeJan 202611-50
Total funding raisedJan 2026$4.1M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Images

Drillbit photoDrillbit photo

Competitors · 5

by search overlap
Jitterbit20 shared keywordsJitterbit provides Harmony, a low-code iPaaS platform for end-to-end integration, workflow automation, and app development, connecting SaaS, on-premise, and cloud applications through pre-built connectors. It targets enterprises and includes AI assistants and security features for building intelligent automation.
Heavybit18 shared keywordsHeavybit is a venture capital firm that invests in enterprise infrastructure and developer-focused startups, providing capital and hands-on go-to-market support. It works with technical founders to help them scale operations, finance, and go-to-market.
Tollbit16 shared keywordsTollBit provides publishers and commerce platforms with tools to monitor, control, and monetize AI agent and bot access to their websites, including analytics on AI traffic, agent authentication, content licensing, and pricing enforcement. It also offers agent-facing content versions, embeddable agent apps, and natural language access via the NLWeb protocol.
Verbit13 shared keywordsVerbit is a voice AI platform providing transcription, captioning, translation, and audio description services through its Captivate technology. The platform serves businesses and institutions across legal, media, education, and broadcast industries.
Clearbit12 shared keywordsClearbit is a B2B data provider that gathers public web data, proprietary data, and LLMs to produce standardized data sets for enriching records, scoring and routing leads, and revealing website visitor buying intent. It serves B2B go-to-market teams and is now part of HubSpot.

Companies competing with Drillbit for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 3

launches, deals, and filings
Sep 2024
Seed round of $3.6M following Y Combinator

Drillbit closed a $3.6M seed round after participating in Y Combinator, according to a recruiting-partner case study and a startup jobs profile.

$3.6M source ↗

Aug 2024
Drillbit x ResiBrands onboarding announcement

Announcement of onboarding 158 franchise businesses with ResiBrands, including That 1 Painter and Pink's Window Services.

source ↗

Jan 2024
Participated in Y Combinator Summer 2024 batch

Drillbit was part of Y Combinator's Summer 2024 batch and published a YC launch post describing AI receptionists and LLM-based quoting for residential contractors.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Drillbit do?
Drillbit builds AI agents that handle lead intake, quoting, scheduling, and collections for residential contractors and franchise networks.
Who founded Drillbit?
Drillbit was founded by Alexander Seutin in 2023.
Who are Drillbit's investors?
Drillbit's investors include Ardent Venture, J17 Capital, Transpose Platform Management, Y Combinator, Lombardstreet Ventures.
Where is Drillbit headquartered?
Drillbit is headquartered in Austin, US.