Nobody likes needing to go the automotive repair shop. There’s little transparency into what occurs after a cars and truck is dropped off, invoices are often bit more than a series of illegible bullet points, and the experience frequently feels chaotic. AutoLeap, a six-month-old, Toronto-based start-up that quietly raised $5 million in seed financing in September, […] , a six-month-old, Toronto-based startup that quietly raised $5 million in seed funding in September, thinks its group can figure out how to repair that broken experience by bringing vehicle repair work stores into the 21st century at long last. AutoLeap’s creators worked together as soon as before to reinvigorate a stodgy business. After investing $20 million to acquire FieldEdge, whose software application had currently been around for 30 years, Lau and Ansari so considerably improved the business’s offerings that they were able to charge 7 times what the company had actually formerly charged for its products, says Lau. Today, neither Lau nor Ansari wants to duplicate the scenario with AutoLeap. As for its expansion plans, Lau says that some of the business’s seed funding will go toward digital marketing but that it’s likewise relying greatly on word of mouth….
By March 16, founder Janine Yancey was tired of playing the waiting video game. After viewing the stock exchange take yet another extraordinary nosedive due to coronavirus, she phoned a prospective investor.”If this isn’t going to occur, let’s call it now,”Yancey stated, describing the close of her Series A round, the very first […]
As lockdowns extend to avoid the spread of the coronavirus, start-ups and financiers are browsing for new ways to link with each other. A number of investors have currently cut fully remote checks, stating it impacts whatever from the due diligence process, to hunger, to who gets to access capital in the first location. After viewing the stock market take yet another unmatched nosedive due to coronavirus, she called up a potential financier….