Wrench Overview

  • Founded
  • 2015
Founded
  • Status
  • Private
  • Employees
  • 104
Employees
  • Latest Deal Type
  • Debt - PPP
  • Investors
  • 11

Wrench General Information

Description

Developer of an on-demand vehicle maintenance and repair service platform designed to mak car repairing hassle-free. The company's platform includes diagnostic software that can assess problems with vehicles based on owner descriptions and send certified mechanics directly to fleet operators and consumers, enabling customers to maintain their vehicles in a simple way without requiring a trip to a dealership or shop.

Contact Information

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Application Software
Automotive
Primary Office
  • 1411 4th Avenue
  • Suite 1100
  • Seattle, WA 98101
  • United States
+1 (206) 000-0000

Wrench Timeline

2018201920202021
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Wrench Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Debt - PPP 28-Apr-2020 000.00 Completed Generating Revenue
4. Later Stage VC (Series C) 07-Nov-2019 0000 000.00 Completed Generating Revenue
3. Early Stage VC (Series B) 30-Nov-2018 0000 000.00 0000 Completed Generating Revenue
2. Early Stage VC (Series A) 28-Mar-2017 $4M $5.2M 0000 Completed Generating Revenue
1. Seed Round 21-Jun-2016 $1.2M $1.2M 00.00 Completed Generating Revenue
To view Wrench’s complete valuation and funding history, request access »

Wrench Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B 00,000,000 00.000000 00 00.0 00.0 00 00.0 00.000
Series A 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Seed 4,195,805 $0.000100 6% $0.29 $0.29 1x $0.29 9.08%
To view Wrench’s complete cap table history, request access »

Wrench Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an on-demand vehicle maintenance and repair service platform designed to mak car repairing hassle-free. The
Other Services (B2C Non-Financial)
Seattle, WA
104 As of 2021
000.00
000000000 - 000.00

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00000 00000000 (000 000-000000000)
Mountain View, CA
000 As of 0000
000.00
000000000 - 000.00

00000000

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00000 00000000 (000 000-000000000)
Bangalore, India
00 As of 0000
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Wrench Competitors (15)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
YourMechanic Venture Capital-Backed Mountain View, CA 000 000.00 000000000 - 000.00
00000000 Formerly VC-backed Bangalore, India 00 000000&0
0000000 (00000 000 Venture Capital-Backed Bengaluru, India 00 00.00 000000000000 00.00
0000000000000 Venture Capital-Backed London, United Kingdom 00 00.000 000000000000 00.000
0000000 Venture Capital-Backed Cambridge, MA 00 000.00 000000000 - 000.00
You’re viewing 5 of 15 competitors. Get the full list »

Wrench Executive Team (8)

Name Title Board Seat Contact Info
Edward Petersen Co-Founder, Chief Executive Officer & Board Member
Ryan McGavran Chief Operating Officer
Douglas Stevens Co-Founder, Chief Technology Officer & Board Member
William Beaver JD Co-Founder, General Counsel & Board Member
Casey Willis Co-Founder, Vice President of Business Development, Marketing & Board Member, Marketing
You’re viewing 5 of 8 executive team members. Get the full list »

Wrench Board Members (7)

Name Representing Role Since
Benjamin Boyer Tenaya Capital Board Member 000 0000
Casey Willis Wrench Co-Founder, Vice President of Business Development, Marketing & Board Member, Marketing 000 0000
Douglas Stevens Wrench Co-Founder, Chief Technology Officer & Board Member 000 0000
Edward Petersen Wrench Co-Founder, Chief Executive Officer & Board Member 000 0000
Len Jordan Madrona Venture Group Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

Wrench Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Wrench Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Ascend Venture Capital (Seattle) Venture Capital Minority 000 0000 000000 0
Marubeni Holding Company Minority 000 0000 000000 0
Alumni Ventures Group Venture Capital Minority 000 0000 000000 0
Chestnut Street Ventures Venture Capital Minority 000 0000 000000 0
Tenaya Capital Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 11 investors. Get the full list »

Wrench Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 00000 15-Sep-2020 000000000000000000 Other Services (B2C Non-Financial) 000000 00000000
0000 (000000 00000 28-Sep-2019 000000000000000000 Application Software
Otobots 20-Sep-2018 Merger/Acquisition Automotive 000000 00000000
To view Wrench’s complete acquisitions history, request access »

Wrench Subsidiaries (3)

Company Name Industry Location Founded
Fiix (Mobile Mechanics) Application Software Toronto, Canada 2015
0000000 Automotive Oak Brook, IL 0000
00000 00000 Other Services (B2C Non-Financial) Pequot Lakes, MN 0000
To view Wrench’s complete subsidiaries history, request access »