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Autotech Startup, Serviceup, Secures $14.5 Million In Series A Funding

Sep 27, 2022•almost 3 years ago

Amount Raised

$14.5 Million

Round Type

series a

Los GatosAutomotive

Description

ServiceUp (“ServiceUp” or the “Company”), a high-growth autotech startup that provides an unique end-to-end full-service car repair experience, has announced today that it has secured its Series A funding of $14.5 million. Leading global investment firm Tiger Global led the round, along with participation from Hearst Ventures and Chaos Ventures.

Company Information

Company

ServiceUp

Location

Los Gatos, California, United States

About

ServiceUp is revolutionizing the entire car repair experience by saving businesses, insurance customers, and shops from an outdated repair ecosystem. Our tech-driven repair platform automates the entire repair process, resulting in increased efficiency, reduced costs, and a boost in profitability.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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