YourMechanic was founded in 2012 with the goal to make car repair and maintenance affordable, convenient, and transparent. Dealing with car problems has historically been a timeconsuming and frustrating experience, and very expensive. Car owners often lack visibility into the price and quality of care services. At the same time, the mechanics who put in the hard work of fixing cars make very little money at repair shops (less than 20% of what consumers pay). By connecting car owners with certified mobile mechanics, YourMechanic puts both parties in the driver's seat.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 03/01/16 | $24,000,000 | Venture |
American Family Insurance Data Point Capital Lerer Hippeau Ventures PG Ventures Promus Ventures SAIC Silicon Valley Bank SoftBank Capital Verizon Ventures | undisclosed |
