ReadyAssist Overview
- Year Founded
-
2016
- Status
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Private
- Employees
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186
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$5M
- Investors
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10
ReadyAssist General Information
Description
Developer of breakdown support and towing platform intended to offer roadside assistance for bikes and cars. The company's services include flat tire fixing, battery jump-start, major repairs, tinkering and painting, and key lock-out assistance, enabling vehicle owners to get emergency assistance in case of a sudden breakdown of their car or bike.
Contact Information
Website
www.readyassist.inCorporate Office
- 839/2, 24th Main Road, Behind Thirumala Theatre
- 1st Sector, HSR Layout
- Bengaluru, Karnataka 560102
- India
Corporate Office
- 839/2, 24th Main Road, Behind Thirumala Theatre
- 1st Sector, HSR Layout
- Bengaluru, Karnataka 560102
- India
ReadyAssist Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC | 15-Nov-2022 | $5M | Completed | Generating Revenue | ||
| 3. Angel (individual) | 13-Jan-2021 | Cancelled | Generating Revenue | |||
| 2. Seed Round | 13-Jan-2021 | $866K | $1.18M | Completed | Generating Revenue | |
| 1. Angel (individual) | 20-Jan-2020 | $315K | $315K | Completed | Startup |
ReadyAssist Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 917 | $0.135911 | $296.41 | $296.41 | 1x | $296.41 | 6.88% | |
| Ordinary | 260 | $0.135911 | $130.68 | $130.68 | 1x | $130.68 | 1.95% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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ReadyAssist Comparisons
Industry
Financing
Details
ReadyAssist Competitors (3)
One of ReadyAssist’s 3 competitors is GoMechanic, a Venture Capital-Backed company based in Gurugram, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| GoMechanic | Venture Capital-Backed | Gurugram, India | ||||
| CarZ | Formerly VC-backed | Hyderabad, India | ||||
| CrossRoads | Formerly VC-backed | New Delhi, India |
ReadyAssist Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
ReadyAssist Signals
Growth Rate
Growth
Size Multiple
Key Data Points
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Majestic Referring Domains
ReadyAssist Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Almascaps Capital | Venture Capital | Minority | ||
| Howen International Fund | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
ReadyAssist Acquisitions (1)
ReadyAssist’s most recent deal was a Merger/Acquisition with SpeedForce for . The deal was made on 31-Jan-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| SpeedForce | 31-Jan-2023 | Merger/Acquisition | Other Services (B2C Non-Financial) |
ReadyAssist Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| SpeedForce | Vadodara, India | 2012 |
ReadyAssist FAQs
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When was ReadyAssist founded?
ReadyAssist was founded in 2016.
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Where is ReadyAssist headquartered?
ReadyAssist is headquartered in Bengaluru, India.
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What is the size of ReadyAssist?
ReadyAssist has 186 total employees.
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What industry is ReadyAssist in?
ReadyAssist’s primary industry is Automotive.
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Is ReadyAssist a private or public company?
ReadyAssist is a Private company.
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What is ReadyAssist’s current revenue?
The current revenue for ReadyAssist is .
-
How much funding has ReadyAssist raised over time?
ReadyAssist has raised $6.18M.
-
Who are ReadyAssist’s investors?
Almascaps Capital, Howen International Fund, , , and are 5 of 10 investors who have invested in ReadyAssist.
-
Who are ReadyAssist’s competitors?
GoMechanic, CarZ, and CrossRoads are competitors of ReadyAssist.
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