Wrench Overview
- Founded
-
2015
- Status
-
Private
- Employees
-
141
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$468K
- Investors
-
13
Wrench General Information
Description
Developer of an on-demand vehicle maintenance and repair service platform designed to make 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
www.wrench.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Application Software
Other Services (B2C Non-Financial)
Primary Office
- 701 5th Avenue
- Suite 7250
- Seattle, WA 98104
- United States
+1 (206) 000-0000
Wrench Timeline
Wrench Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC | 13-May-2022 | $468K | 000.00 | Completed | Generating Revenue | |
| 6. Later Stage VC (Series D) | 15-Sep-2021 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
| 5. Debt - PPP | 28-Apr-2020 | 00.000 | 000.00 | Completed | Generating Revenue | |
| 4. Later Stage VC (Series C) | 07-Nov-2019 | 000.00 | 000.00 | 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 |
Wrench Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series C | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series B | 00,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 00.00 |
| Series A | 6,133,050 | $0.000100 | 6% | $0.65 | $0.65 | 1x | $0.65 | 7.63% |
| Seed | 4,195,805 | $0.000100 | 6% | $0.29 | $0.29 | 1x | $0.29 | 5.22% |
Wrench Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an on-demand vehicle maintenance and repair service platform designed to make car repairing hassle-free. Th
Automotive
Seattle, WA
141
As of 2022
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Burlingame, CA
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London, United Kingdom
00
As of 0000
00.000
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00.000
Add Comparison
Wrench Competitors (18)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| YourMechanic | Formerly VC-backed | Burlingame, CA | 000 | 000.00 | 000000&0 | 000.00 |
| 0000000000000 | Venture Capital-Backed | London, United Kingdom | 00 | 00.000 | 000000000000 | 00.000 |
| 000000 | Venture Capital-Backed | Amsterdam, Netherlands | 00 | 000.00 | 00000000000 | 000.00 |
| 000000 | Venture Capital-Backed | Durham, NC | 000 | 0000 | 00000000000 | 0000 |
| 00000000000 | Venture Capital-Backed | El Segundo, CA | 000 | 0000 | 00000000000 | 0000 |
Wrench Executive Team (8)
Wrench Board Members (7)
| Name | Representing | Role | Since |
|---|---|---|---|
| Benjamin Boyer | Tenaya Capital | Board Member | 000 0000 |
| Daniel Willis | Wrench | Co-Founder, Vice President of Business Development and Marketing & Board Member | 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 |
Wrench Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-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
Wrench Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Arnold Venture Group | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Bridgestone Americas | Corporation | Minority | 000 0000 | 000000 0 | |
| Ascend Venture Capital (Seattle) | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Marubeni | Holding Company | Minority | 000 0000 | 000000 0 | |
| Alumni Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Wrench Acquisitions (4)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000000000 | 02-Jun-2022 | 0000000000 | Other Services (B2C Non-Financial) | 000000 00 | |
| 00000 00000 | 15-Sep-2020 | 0000000000 | Other Services (B2C Non-Financial) | 000000 00 | |
| 0000 (000000 | 28-Sep-2019 | 0000000000 | Application Software | ||
| Otobots | 20-Sep-2018 | Merger/Acquisition | Automotive | 000000 00 |
Wrench Subsidiaries (4)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Fiix (Mobile Mechanics) | Application Software | Toronto, Canada | 2015 |
| 0000000 | Automotive | Oak Brook, IL | 0000 |
| 000000000000 | Other Services (B2C Non-Financial) | Burlingame, CA | 0000 |
| 00000 00000 | Other Services (B2C Non-Financial) | Pequot Lakes, MN | 0000 |