Wrench, a 7-year-old Seattle startup that gives a cell automotive restore service, has reeled in one other competitor with the acquisition of YourMechanic, a Silicon Valley startup based in 2012 that additionally presents repairs.
YourMechanic will add greater than 350 technicians throughout 30 states to Wrench’s community. The corporate had raised greater than $40 million from buyers together with Andreessen Horowitz and SoftBank, and was a Y Combinator startup in 2012.
Phrases of the deal weren’t disclosed.
“By welcoming the YourMechanic ecosystem to Wrench, we’re increasing what was already the most important cell car service community in existence,” Wrench CEO Ed Petersen mentioned in an announcement.
Wrench employs “cell mechanics” across the nation that come to the client to do restore jobs with out a bodily store or dealership, by reserving on an app. As well as, Wrench supplies entry to roadside towing, car detailing, tire set up and inspection of used vehicles prior to buy.
Final yr Wrench landed investment from Bridgestone following a $20 million elevate in 2019. Different backers embrace Madrona Enterprise Group, Tenaya Capital, Vulcan Capital, Alumni Enterprise Group, and Arnold Enterprise Group. The corporate employs about 325 individuals.