Wrench
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|
Revenues | 3.8m | 10.1m | 10.8m | 15.1m | 20.1m |
% growth | - | 166 % | 7 % | 40 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.2m | Seed | ||
$4.0m | Series A | ||
$12.0m | Series B | ||
$20.0m | Series C | ||
* | N/A | Late VC | |
Total Funding | €33.8m |
Recent News about Wrench
EditWrench is a mobile mechanic service that provides convenient and expert car repairs and maintenance directly to customers' locations. Operating primarily in the Dallas-Fort Worth metroplex, including Collin, Denton, and Dallas counties, Wrench serves busy individuals who prefer not to spend time waiting at traditional brick-and-mortar mechanic shops. The company employs highly experienced and certified mechanics who can handle a wide range of automotive issues, from oil changes and brake replacements to more complex repairs like alternator and axle replacements.
Wrench's business model revolves around providing on-demand automotive services through an easy-to-use online platform where customers can receive competitive quotes and book appointments. This model not only saves time for the customers but also offers transparency and trust through upfront pricing and detailed service descriptions.
Revenue is generated through service fees charged for the repairs and maintenance performed by their mechanics. The company targets individual car owners who value convenience, quality, and time-efficiency in their automotive care.
Keywords: mobile mechanics, car repairs, maintenance, Dallas-Fort Worth, on-demand service, certified technicians, competitive pricing, convenience, automotive care, expert service.