RepairSmith Raises $42M in Series B Funding
- RepairSmith, a Los Angeles, CA-based technology startup offering a mobile solution for automotive repair and maintenance, raised $42m in Series B funding
- Backers included TI Capital, Mercedes-Benz, Porsche Ventures, and Spring Mountain Capital
- The company has also appointed Ziad Ghandour of TI Capital and John L
- The company intends to use the funds to continue rapid expansion of its service, already available in 650 cities across six states
- The platform provides on-site repair and maintenance for car owners at their home or workplace
- The company utilizes a team of employee technicians who undergo background checks, certification verification, skills and customer service training
