Californian-based startup RepairSmith has just secured $42 million in funding for the development and expansion of its mobile auto repair service, which works by sending certified mechanics directly to customer's homes.
Launched in 2019, the startup had already experienced significant growth, offering its service in seven states throughout the United States. Now, with this new influx of cash, the company plans to grow its operations to encompass every major metropolitan area in the country by the end of 2022.
The company aims to make the auto repair service simple and convenient for customers. All they have to do is book an appointment online and a mechanic will perform an inspection or repair right from their driveway. Moreover, depending on the state, mechanics can arrive in as little as one or two days' time. "We’re trying to disrupt probably the biggest retail industry that’s untouched by tech," said Joel Milne, CEO of RepairSmith.
Mobile Auto Repair Services
RepairSmith Sends Certified Mechanics Right To Drivers Homes
Trend Themes
1. Mobile Auto Repair - The trend for mobile auto repair services that offer convenient and flexible vehicle repair options for customers at their doorstep is growing.
2. On-demand Auto Services - The trend for on-demand auto services that prioritize convenience for customers through instant appointments and doorstep delivery is disrupting traditional auto repair services.
3. Remote Mechanic Services - The trend for remote mechanic services that send qualified and certified mechanics to homes for vehicle repairs is transforming the traditional auto repair industry.
Industry Implications
1. Automotive Industry - The automotive industry can benefit from integrating mobile auto repair services that meet the changing needs and preferences of modern customers who prioritize convenience.
2. Technology Industry - The technology industry can explore opportunities to create platforms and applications that offer on-demand services for auto repairs, changing the way people access and receive auto repair services on a daily basis.
3. Logistics Industry - The logistics industry can work with mobile auto repair service providers to optimize their supply chain model and minimize the cost of transportation and delivery of auto parts, reducing overhead costs and improving efficiency.