Is There An Uber Like Ap For Car Repair
Investors like what they come across in Wrench.
The Seattle-based on-site car repair startup today announced a $4 meg Series A round led by Madrona Venture Grouping, which previously co-led the company'southward $1.two one thousand thousand seed circular last year.
Affections investors similar super angel Rudy Gadre; TravelBank co-founder Ching-Ho Fung; old Dwellable CEO Kirby Winfield; Versium founder Kevin Marcus; and angel group Vashon Partners also participated.
Wrench will use the fresh greenbacks to hire mechanics, fuel marketing programs, and expand its presence on the w declension. The 1-yr-old company currently operates in Seattle; Phoenix; San Diego; and Portland.
Much like Uber brings you a ride and GrubHub brings y'all food, Wrench brings y'all a car mechanic. Using its website or smartphone app, customers can input work they need washed on their vehicle and when and where they would like mechanics to go. Anything from an role parking lot to a downtown parking garage to a customer's driveway is fair game, though Wrench will non work on cars parked on the street for safety reasons.
A certified mechanic with at least v years of experience volition perform piece of work at a customer's dwelling or office, with upfront fixed price quotes. Wrench says it tin can practice more 80 percentage of all automobile repair and maintenance work that can exist done outside of a shop.
Much like Uber or Lyft, tips aren't required. Examples of jobs include replacing restriction pads; fixing an ignition problem; diagnosing exhaust issues; and more.
The company initially limited its services to oil changes, tune-ups and basic brake repair, but loftier demand led Wrench to aggrandize services to cover almost anything that a shop or dealership would provide.
"Wrench continues to invest in its applied science, which provides a huge reward in this industry, and the hiring of the highest quality mechanics," Wrench CEO Ed Petersen told GeekWire.
Wrench, which employs 30 people, will also add new services for customers and ink more than partnerships to bolster its on-demand marketplace. Total funding to date is $5.3 million.
Wrench said it saves people an average of 2.4 hours of travel and wait fourth dimension; it also claims to be as much as 30 percent less expensive than automobile dealership service bays, while its prices are on par with contained auto repair shops. Its service is backed by a one-twelvemonth, 12,000 mile guarantee on both parts and labor.
Peterson has been working with the aforementioned team for more than a decade. He and some his current colleagues founded and sold Intelius, a public tape search company, and TalentWise, which does background checks and other screening services.
The automobile repair industry is pegged at effectually $60 billion. In that location are other companies like Wrench — namely, Your Mechanic, which just raised $24 meg earlier this calendar month. And then there'southward Fiix, which just launched out of Y Combinator.
"U.Due south. consumers spend more than $sixty billion annually on auto repairs and maintenance and the service model hasn't changed meaningfully since the invention of the oil change shop," Madrona Managing Managing director Len Hashemite kingdom of jordan said in a statement. "Wrench applies modernistic mobile, internet commerce and data analytics techniques to this market place and delivers a concrete service that consumers need multiple times a year."
Source: https://www.geekwire.com/2017/uber-car-repair-startup-wrench-raises-4m-peer-peer-marketplace/
Posted by: haneyliner1983.blogspot.com
0 Response to "Is There An Uber Like Ap For Car Repair"
Post a Comment