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RepairSmith Nabs $42M Series B Financing

2021-08-19
LOS ANGELES, CA, RepairSmith today announced it has raised a $42 million Series B funding round.
RepairSmith, a disruptive technology startup offering the first and only full-service mobile solution for automotive repair and maintenance, today announced it has raised a $42 million Series B funding round from investors, including TI Capital, Mercedes-Benz, Porsche Ventures, and Spring Mountain Capital. RepairSmith will use this cash infusion to continue rapid expansion of its service, already available in 650 cities across six states with over 100,000 service appointments completed to date.

RepairSmith is on a mission to deliver convenient auto repair everywhere with its disruptive service, offering the first and only full-service mobile solution for automotive repair and maintenance.

The company delivers complete mobile repair and maintenance to car owners with the convenience of online booking and instant price quotes, combined with five-star quality service at fair, affordable prices. RepairSmith also delivers repair and scheduled maintenance on-location to fleet operators, car rental agencies and dealership customers.
With offices in Orem, Utah and Luxembourg, Techcyte, Inc. was founded in 2013 with a mission to digitize and automate diagnostics. Techcyte's clinical pathology platform uses AI-based workflows and integration with whole slide scanners and lab information systems to increase the accuracy and efficiency of clinics and labs. Techcyte's digital pathology platform is revolutionizing human, veterinary and environmental diagnostic testing.
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