A website that helps drivers find and compare garages and mechanics has secured £4m to help it expand and improve user experience.
WhoCanFixMyCar.com, which has offices in Newcastle, London and Kiev, was launched in 2011 by former investment bankers Al Preston and Ian Griffiths.
The platform allows drivers to post jobs and receive quotes from local garages and mechanics and currently has 11,500 garages registered to the site. So far, WhoCanFixMyCar.com has processed a million repair requests and receives around 60,000 new job requests each month.
Global energy company Shell has invested in WhoCanFixMyCar.com via its corporate venture capital arm, Shell Ventures, which supports both business and fund-led deals in areas of strategic interest for Shell.
This investment follows the development of the Shell Helix Service Specialist Network, a recently launched scheme which allows independent workshops on the WhoCanFixMyCar.com site to be officially associated with Shell.
Other investors include Active Partners, which has stakes in household names such as Evans Cycles, Rapha, Leon and Soho House. Venrex Investment Management is another stakeholder. Sir Trevor Chinn, who is the chairman of WhoCanFixMyCar.com and has previously chaired other automotive companies, such as the AA, Kwik Fit and RAC, has also invested.
Al Preston, co-founder of WhoCanFixMyCar.com, said: “This is a really exciting time for the company. The whole team have worked extremely hard to bring the business to this point, where we can attract such interesting partners for our next stage of growth.
“The plan will be to keep scaling our activities and consolidate our position in the UK. We are also focusing on new products and solutions that will further benefit our garage network and provide car owners with a better, richer experience when it comes to car maintenance and repairs.”
Commenting on the announcement, Huibert Vigeveno, executive vice president for global commercial, Shell, said: “The aftermarket sector is changing rapidly as technology savvy customers seek products and services which are easier and more convenient to use. Shell wants to be at the forefront of shaping those products and services. Digital and services partnerships such as this investment in WhoCanFixMyCar.com are very much part of our future growth strategy.”
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