Fundraising Fox

Netic

San Francisco, US Β· Founded 2024 Β· 54 employees on LinkedIn Β· 14 known investors

Netic builds production-grade AI systems that automate end-to-end workflows for essential service industries including home services, automotive, and consumer healthcare. The company deploys multimodal AI across speech, text, and data to modernize business operations for large enterprises that have been left behind by earlier digital transformation waves.

Founders & leadership

Netic was founded in 2024 by Melisa Tokmak.

MT
Melisa TokmakFounder & CEO
BL
Brandy LoudermilkOperations/Customer Success executive at Netic (exact current title unconfirmed)

Board

MV
Mike VolpiBoard Member; General Partner, Hanabi Ventures/Capital (investor)

Investors Β· 14

Also in the syndicate Β· 7

@foundersfund@GreylockVCAlexandr WangAlexandr Wang (angel)GreylockHanabi Ventures (Hanabi Capital)Hanabi Ventures (Mike Volpi)

Funding

SEC filings, press & company announcements

Source: company announcements and press reports β€” follow each round's link for the claim.

Valuation Β· disclosed

Disclosed events
$450MvaluationJul 2026

Source: SEC prospectus filings, and round valuations the company or its investors disclosed β€” follow each entry's link for the claim.

Company profile

researched Aug 2026

Netic was founded in 2024 by Melisa Tokmak, a Stanford University computer science graduate who grew up in a small town in Turkey before moving to the U.S. Before starting Netic, Tokmak worked at Scale AI, where accounts vary slightly on her exact title/scope: Tech Funding News describes her as General Manager and Chief of Staff overseeing Scale AI's government and enterprise business units, while Forbes describes her as director of engineering there. According to Forbes, the idea for Netic was sparked by a personal experience: after Tokmak and her husband bought a house in Mill Valley, California, they were hit with an unexplained multi-thousand-dollar electricity bill and struggled for weeks to get a home-services company to diagnose and fix the problem (it turned out to be the heating system) β€” most businesses didn't answer the phone, and even scheduled visits came with no reliable ETA. That frustration convinced Tokmak that essential trade businesses (HVAC, plumbing, electrical, and similar) were being left behind by the AI wave that had already transformed software and knowledge work, and that the fix required AI that autonomously executes workflows end-to-end rather than another chatbot or copilot layered on top of overwhelmed call centers.

Netic's product is built around a proprietary 'Netic Brain' AI system trained specifically on service-industry workflows and real-time operational signals (including external data like weather patterns, which the company uses to forecast service demand, e.g., HVAC breakdowns during heatwaves). The platform is organized into modules β€” Convert (never miss inbound demand across calls, text, chat, Google Local Service Ads, Meta ads, and lead aggregators like Angi), Cultivate (autonomous/automated outbound and lifecycle marketing), Empower (data-driven strategic decisioning), Evaluate (AI call-center scoring), and an upcoming Expand module. Reported customer results include Hoffmann Brothers ($160M revenue business) seeing 15% YoY gross revenue growth after going 'Netic First,' with roughly 70% of eligible jobs booked entirely by AI and $665K in incremental revenue from autonomous outbound campaigns; Paschal Air, Plumbing & Electric booking 24,000+ additional inbound jobs year-over-year and a 30% higher lead-aggregator conversion rate; AllTech Services booking 4,200+ inbound jobs autonomously with a 78% after-hours/overflow booking rate; Service Professionals generating roughly $3 million in incremental revenue in a few months; and Tragar Home Services handling 22,000+ calls and booking over 6,000 leads through Netic while retiring a third-party answering service. Paschal β€” whose former Director of Customer Operations, Brandy Loudermilk, later joined Netic's team β€” is described in press coverage as Netic's first customer.

Netic raised a Seed round led by Greylock (with Founders Fund participating), followed roughly four months later by a Series A led by Founders Fund (with Greylock, Mike Volpi's Hanabi Ventures β€” Volpi also joined Netic's board β€” Day One Ventures, SV Angel, and angel investors Alexandr Wang (Scale AI), Dylan Field (Figma), Elad Gil, and Lachy Groom participating). Netic publicly announced these combined raises on June 2, 2025 as a $20 million 'exit from stealth,' notable in trade press for the fact that every one of Netic's early customers reportedly asked to invest personally. Five months later, on November 13-14, 2025, Netic announced a $23 million Series B led by Founders Fund, bringing total disclosed funding to $43 million. Bloomberg covered the round under the headline 'Founders Fund Backs Startup Bringing AI to Plumbers and Roofers,' and Netic was separately named to TechCrunch's sponsored 'AI Disruptors 60' list (October 27, 2025) and profiled in Forbes' 'Next Billion-Dollar Startups 2026' list (July 28, 2026), which pegged Netic's valuation at approximately $450 million on $43 million raised. The company, legally organized as Cybernetic Labs Inc., is headquartered in San Francisco, describes its early engineering team as including AI specialists recruited from Palantir, Hudson River Trading, and Scale AI, and was β€” as of mid/late 2026 β€” aggressively hiring across engineering, GTM, and forward-deployed-engineering roles to support a phased regional-to-nationwide rollout across its target verticals.

Business model

B2B SaaS / usage-oriented software sold to mid-market and enterprise service businesses (HVAC, plumbing, electrical, pest control, roofing, consumer health, veterinary); deploys as an AI layer that integrates with customers' existing CRM/field-service-management systems (e.g., ServiceTitan-style platforms) to capture and convert demand.

Subscription/platform fees from service-industry enterprise customers, likely with performance- or outcome-linked components tied to jobs booked/revenue generated (exact pricing model not publicly disclosed).

β–ΈFull profile β€” profile (continued), go-to-market, ownership

Profile (continued)

Data-quality note: the assignment brief described Netic as an 'AI-powered IT operations/infrastructure management company.' Extensive verification across Netic's own site, Greylock's portfolio page, Forbes, Bloomberg (headline/metadata only β€” full article is paywalled/bot-blocked), Tech Funding News, and Plumbing & Mechanical magazine consistently and unanimously describes Netic as an AI revenue/growth-engine company for essential home/trade services (HVAC, plumbing, roofing, pest control, veterinary, consumer health) β€” not an IT-operations or infrastructure-management company. This profile reflects the verified, actual business.

Go-to-market

Mid-to-large ($10M-$500M+ revenue) home-service and essential-service businesses: HVAC, plumbing, electrical, oil delivery, pest control, roofing, consumer health, and veterinary enterprises with call centers/dispatch operations (e.g., Hoffmann Brothers, Paschal Air Plumbing & Electric, AllTech Services, Service Professionals, Tragar Home Services).

Ownership

private

Compiled by commissioned research from 17 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Autonomous booking rate (homepage counter)Aug 202691%
Employee countJul 2026350 employees
HeadcountAug 202654
Homepage live revenue counter (YTD)Aug 2026$36.3M
Jobs booked (early traction, per Series A/seed press coverage)Jun 202550,000 jobs
Jobs booked autonomously (homepage counter)Aug 202611,214 jobs
Total funding raisedNov 2025$43M
ValuationJul 2026$450M

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

Competitors Β· 1

by search overlap

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

Customers & partners

Named customers Β· 5

AllTech ServicesHoffmann BrothersPaschal Air, Plumbing & ElectricService ProfessionalsTragar Home Services

Relationships the company or its partners disclosed publicly β€” case studies, joint announcements, press.

Timeline Β· 5

launches, deals, and filings
Jul 2026
Named to Forbes 'Next Billion-Dollar Startups 2026'

Forbes profiles Netic (founder Melisa Tokmak) in its 2026 list of promising startups, citing $43M raised and a $450M valuation, with Founders Fund and Greylock as lead investors.

source β†—

Nov 2025
Series B: $23M led by Founders Fund

Netic raises a $23M Series B led by Founders Fund to expand product capabilities and pursue a phased regional-to-nationwide rollout; covered by Bloomberg under the headline 'Founders Fund Backs Startup Bringing AI to Plumbers and Roofers' and by Tech Funding News.

source β†—

Oct 2025
Named to TechCrunch's 'AI Disruptors 60' list

Netic is included in a TechCrunch-published (sponsored) list profiling 60 startups defining AI's future.

source β†—

Jun 2025
Netic exits stealth with $20M (Seed + Series A)

Netic publicly launches, disclosing a Greylock-led Seed round followed roughly four months later by a Founders Fund-led Series A, totaling $20M, with participation from Hanabi Ventures, Day One Ventures, SV Angel and angel investors including Alexandr Wang, Dylan Field, Elad Gil, and Lachy Groom.

source β†—

Jan 2024
Netic founded

Melisa Tokmak founds Netic (legally Cybernetic Labs Inc.) in San Francisco to bring autonomous AI to essential home/trade service businesses.

source β†—

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

In the news

β–ΈResearch sources Β· 17

primary sources listed

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

Frequently asked questions

What does Netic do?
The AI revenue engine for essential service industries.
Who founded Netic?
Netic was founded by Melisa Tokmak in 2024.
Who are Netic's investors?
Netic's investors include Day One Ventures, Dylan Field, Elad Gil, Founders Fund, Greylock Partners, Lachy Groom, SV Angel.
Where is Netic headquartered?
Netic is headquartered in San Francisco, US.