Koovers Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 125

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $17.2M

Koovers General Information

Description

Developer of a car service platform designed to provide car maintenance. The company's platform provides car owners with the information to find service centers for car maintenance and receive online estimates, track progress, access service history, and register for services, enabling car owners to take care of their vehicle maintenance and get service quotes from various service centers.

Contact Information

Website
www.koovers.in
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Number 108, 3rd Floor
  • Suvirath Mansion, Lalbagh Fort Road, Mavalli
  • Bengaluru, Karnataka 560004
  • India
+91 089700
Primary Industry
Automotive
Other Industries
Information Services (B2C)
Application Software
Parent Company
Schaeffler India
Vertical(s)
TMT, Mobile
Corporate Office
  • Number 108, 3rd Floor
  • Suvirath Mansion, Lalbagh Fort Road, Mavalli
  • Bengaluru, Karnataka 560004
  • India
+91 089700

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Koovers Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 11-Sep-2023 $17.2M Completed Generating Revenue
3. Later Stage VC 17-Jun-2022 Completed Generating Revenue
2. Later Stage VC 28-Oct-2021 $2.38M $2.69M Completed Generating Revenue
1. Seed Round 21-Dec-2016 $309K $309K Completed Startup
To view Koovers’s complete valuation and funding history, request access »

Koovers Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
Preference
Preference
Ordinary
Ordinary
Ordinary
Ordinary
Ordinary 103,932 $0.128648 $3.19 $3.19 1x $3.19 8.63%
Ordinary 14,486 $0.128648 $6.48 $6.48 1x $6.48 1.2%
To view Koovers’s complete cap table history, request access »

Koovers Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a car service platform designed to provide car maintenance. The company's platform provides car owners with
Automotive
Bengaluru, India
125 As of 2022

New Delhi, India
 

Long Island City, NY
 
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Koovers Competitors (14)

One of Koovers’s 14 competitors is CrossRoads, a Formerly VC-backed company based in New Delhi, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
CrossRoads Formerly VC-backed New Delhi, India
Curb Mobility Private Equity-Backed Long Island City, NY
RepairPal Formerly VC-backed San Francisco, CA
GoMechanic Venture Capital-Backed Gurugram, India
Ola Venture Capital-Backed Bengaluru, India
You’re viewing 5 of 14 competitors. Get the full list »

Koovers Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Koovers Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
Astarc Ventures Corporate Venture Capital Minority
Canbank Venture Capital Fund Corporate Venture Capital Minority
Inflection Point Ventures (India) Angel Group Minority
JPIN Venture Capital Minority
Mintosh Advisory Angel Group Minority
You’re viewing 5 of 8 investors. Get the full list »

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Koovers FAQs

  • When was Koovers founded?

    Koovers was founded in 2016.

  • Where is Koovers headquartered?

    Koovers is headquartered in Bengaluru, India.

  • What is the size of Koovers?

    Koovers has 125 total employees.

  • What industry is Koovers in?

    Koovers’s primary industry is Automotive.

  • Is Koovers a private or public company?

    Koovers is a Private company.

  • What is the current valuation of Koovers?

    The current valuation of Koovers is .

  • What is Koovers’s current revenue?

    The current revenue for Koovers is .

  • How much funding has Koovers raised over time?

    Koovers has raised $3.5M.

  • Who are Koovers’s investors?

    Astarc Ventures, Canbank Venture Capital Fund, Inflection Point Ventures (India), JPIN, and Mintosh Advisory are 5 of 8 investors who have invested in Koovers.

  • Who are Koovers’s competitors?

    CrossRoads, Curb Mobility, RepairPal, GoMechanic, and Ola are some of the 14 competitors of Koovers.

  • When was Koovers acquired?

    Koovers was acquired on 11-Sep-2023.

  • Who acquired Koovers?

    Koovers was acquired by Schaeffler India.

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