Change Lane Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Change Lane General Information

Description

Provider of a mobile application for car maintenance service. The company enables car owners to request a maintenance service through a mobile application or text on the basis of which a qualified local mechanic would come up to their home with a trailer truck on which the services would be performed.

Contact Information

Website
www.changelane.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • Coon Rapids, IA
  • United States
Primary Industry
Other Commercial Services
Other Industries
Social/Platform Software
Application Software
Acquirer
CTI (Machinery (B2B))
Vertical(s)
SaaS, TMT, Mobile
Corporate Office
  • Coon Rapids, IA
  • United States

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Change Lane Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 01-Jan-2018 Completed Startup
1. Early Stage VC (Series A) 19-Jun-2014 Completed Startup
To view Change Lane’s complete valuation and funding history, request access »

Change Lane Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
To view Change Lane’s complete cap table history, request access »

Change Lane Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
R7 Venture Capital Minority
To view Change Lane’s complete investors history, request access »

Change Lane Acquisitions (1)

Change Lane’s most recent deal was a Reverse Merger with CTI (Machinery (B2B)). The deal was made on 01-Mar-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
CTI (Machinery (B2B)) 01-Mar-2019 Reverse Merger Machinery (B2B)
To view Change Lane’s complete acquisitions history, request access »

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Change Lane FAQs

  • When was Change Lane founded?

    Change Lane was founded in 2013.

  • Where is Change Lane headquartered?

    Change Lane is headquartered in Coon Rapids, IA.

  • What industry is Change Lane in?

    Change Lane’s primary industry is Other Commercial Services.

  • Is Change Lane a private or public company?

    Change Lane is a Private company.

  • What is Change Lane’s current revenue?

    The current revenue for Change Lane is .

  • How much funding has Change Lane raised over time?

    Change Lane has raised $1.2M.

  • Who are Change Lane’s investors?

    R7 has invested in Change Lane.

  • When was Change Lane acquired?

    Change Lane was acquired on 01-Jan-2018.

  • Who acquired Change Lane?

    Change Lane was acquired by CTI (Machinery (B2B)).

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