RepairPal offers a patented auto repair price estimator (RepairPrice EstimatorTM) and a nationwide RepairPal Certified shop network that guarantees fair prices within its estimator range. The company vets shops through comprehensive assessments of training, equipment and customer service and requires adherence to price guidelines. Since launch in 2007, RepairPal has expanded its product offering to build trust and transparency in auto repair. Its certified network has grown to nearly 1,000 shops across all 50 states in just two years and already reaches two‑thirds of the U.S. population. The company positions itself as protecting consumers and improving the auto repair experience in an industry marked by mistrust of mechanics. RepairPal plans to use new funding to accelerate product offerings and further expand its certified shop network. RepairPal operates an online marketplace that provides price estimates for hundreds of common mechanical repairs based on car year, model, mileage, and zip code. The site includes a directory of hundreds of thousands of local mechanics plotted on Google Maps and a centralized location to maintain vehicle ownership records. Last year RepairPal launched TopShop, a vetted marketplace of high-quality repair shops that includes a minimum 12-month or 12,000-mile guarantee on work. Shops pay a monthly fee to participate in the TopShop program; there are currently 200 TopShops listed. The company says the new funding will be used for product development and to add more mechanics to the TopShop network. RepairPal has raised $20 million to date. RepairPal operates an online auto repair and maintenance information site that gives users price estimates for parts and repair jobs based on car year, model, mileage, and zip code. The site maintains a directory of hundreds of thousands of local mechanics plotted on Google Maps, with user ratings for each shop and the ability to keep online service records after repairs. RepairPal launched a free iPhone app that helps users find reasonable repair prices and reputable shops on the go, with Google Maps integration, user reviews, and lists of towing and roadside assistance services by location. The product positions itself as a “Google Health for cars,” aiming to be a one-stop shop to maintain and record vehicle health. Financially, the company has completed early-stage financings, including seed/angel funding and a Series A. No revenue or user metrics are disclosed in the article. RepairPal is a publicly launched web service that provides localized price estimates for car parts and repair jobs based on car year, model, mileage, and zip code. The site also maintains a directory of 287,000 local mechanics with member ratings and allows members to keep online service records. Users can pay $9 for an expert mechanic to answer questions online. RepairPal says its pricing is derived from pricing surveys, expert input, car brand data, parts distribution data, labor time data, demographic data, econometric models, and proprietary algorithms, and it notes the problem involves more than 10 billion permutations across models, repairs, years, and zip codes. CEO and co-founder David Sturtz previously started hedge fund Clear View Capital Management. The startup raised an angel round in the "low millions" last November from James Currier, Stan Chudnovsky, Chris Michel, and a hedge fund. The company plans product enhancements including the ability to enter a list of repairs and to get quotes from mechanics, and it intends to generate revenue through leads and targeted advertising.

Total raised

$17M

Funding rounds

4

Latest round

Equity

Latest activity

Feb 2013