Yoshi, which provides the first subscription service for
on-site car maintenance and gas delivery, announced today that it has closed $13.7 million in Series A
funding to further accelerate its rapid growth. General Motors Ventures and ExxonMobil have led
Yoshi's Series A round of funding, with Y Combinator, Kevin Durant & Rich Kleiman (The Durant
Company), Arab Angel and others also participating. Yoshi will use the funds to accelerate its geographic
expansion: the company currently serves five metro areas, with plans to expand to an additional 25 in the
coming year.
Yoshi delivers gas, oil changes, car washes, and numerous other car maintenance services directly to
customers' cars while they are parked, eliminating the need to stop for gas as well as track and schedule
routine maintenance needs. Yoshi's service is a favorite of many daily commuters across the country, and
is currently operating in the San Francisco Bay Area, Los Angeles, Austin, Nashville and Atlanta. Yoshi
has partnered with many employers to bring Yoshi's service to employees while their car is parked at
work, and is rated the #1 office perk at the majority of offices where it is offered.
Additionally, Yoshi services many fleets, including rental cars, delivery service vehicles, highway patrol
cars, and even school buses.
"We believe Yoshi has a big opportunity to be part of the transformation underway in the automotive
industry relating to how vehicles get fueled and serviced, which can more than double a vehicle's cost
over its lifetime" said Yoshi CEO Nick Alexander. "We could not have a better syndicate of investors
supporting us, including the leading U.S. automaker and oil and gas company."
"The on-demand economy is changing nearly every aspect of our everyday lives, including consumer
expectations about the way fuels and lubricants are purchased, delivered, and used," said Adam Wariner,
Fuels and Lubricants Innovation Manager. "We believe the simplicity and convenience of this direct-tovehicle
care service will attract new customers to Exxon and Mobil branded products."
"We're constantly evaluating solutions to provide our customers with services that simplify their lives,"
said Jon Lauckner, General Motors chief technology officer, vice president of R&D and president of GM
Ventures. "Investing in Yoshi's fuel delivery service allows us to pilot an innovative, premium experience
for our customers, while integrating with the latest connected vehicle technology already onboard
Chevrolet, Buick, GMC and Cadillac vehicles."
While customers currently sign up for and access the Yoshi service through their smartphone, Yoshi has
been working with multiple partners to seamlessly integrate the service into newer, connected vehicles.
"In the future," says Yoshi's Alexander, "when you buy a new car, you'll be buying a self-fueling, self
servicing car. Yoshi's service will come built right in."
About Yoshi
Yoshi delivers gas, oil changes, car washes, and anything else your car needs, while it's parked so you
can keep moving. Yoshi's mission is to keep vehicles moving in the safest, most efficient, and planetfriendly
way possible, while delivering unparalleled customer service. Yoshi is based in San Francisco,
CA. Learn more at www.startyoshi.com.
About ExxonMobil
ExxonMobil, the largest publicly traded international oil and gas company, uses technology and
innovation to help meet the world's growing energy needs. ExxonMobil holds an industry-leading
inventory of resources, and is one of the world's largest integrated refiners, marketers of petroleum
products and chemical manufacturers. Follow ExxonMobil on Twitter: www.twitter.com/exxonmobil.
About General Motors Co.
General Motors Co. (NYSE: GM, TSX: GMM), its subsidiaries and joint venture entities produce and sell
vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands. GM
has leadership positions in several of the world's most significant automotive markets and is committed to
lead the future of personal mobility. More information on the company and its subsidiaries, including
OnStar, a global leader in vehicle safety, security and information services, can be found at
http://www.gm.com.