YourMechanic
2525 E Charleston Rd, Mountain View, California, 94043, United States
Overview
YourMechanic is a Mountain View, CA–based mobile car repair platform that connects car owners with mobile mechanics who perform more than 800 repair, maintenance, and diagnostic services. The service operates seven days a week and reaches mechanics in more than 5,000 cities across the U.S. and Canada. The company offers an expanding Fleet Solution for rental, rideshare, corporate, and government fleet managers; that Fleet Solution has doubled its customer base in the last 12 months. Led by CEO Anthony Rodio, YourMechanic will use the new funding to accelerate international expansion and to build out additional services for rental, rideshare, corporate and government fleets. The company has secured $35.3M in funding to date and closed a $10.1M Series B1 in this round. YourMechanic connects car owners with certified mechanics who make house calls, allowing customers to book appointments via a mobile app or website. The company offers more than 500 on-site services, including oil changes, brakes, belts, heating and A/C, manufacturer scheduled maintenance and diagnostics. Each service is backed by a 12-month, 12,000-mile warranty and a $1 million liability policy. After services, customers and mechanics rate each other, and mechanics must maintain a 4-star rating or higher to continue on the platform. The company has raised $24M in this round (bringing total financing to $32M) and will use the funds to expand its service nationwide and into Canada. YourMechanic operates a marketplace that lets certified mechanics fix users' cars at their home or office, providing mechanic profiles, customer reviews, and online repair records. The platform includes an instant pricing engine the company says uses half a billion data points, plus smartphone and email maintenance notifications. It charges a transaction fee by selling parts and claims to lower costs 30–50% compared with shops and dealers. The company positions its service for basic repair and maintenance in a market it values at $120B per year for out-of-warranty, non-luxury cars. YourMechanic verifies mechanics via background checks, certification verification, and interviews. At the time of reporting it had 10 mechanics in the Bay Area and planned to open the service to mechanics nationwide in 6–8 months; it also participated in Y Combinator's Winter 2012 class and has raised seed funding.
- Total raised
- $36M
- Funding rounds
- 3
- Latest round
- Series B
- Latest activity
- Oct 2018
Industries
- Automotive
- Consumer
- E-Commerce
- Logistics
- Marketplace
Recent funding
Series B
Oct 2018
$10M
Equity
Mar 2016
$24M
Seed
Sep 2012
$2M