Every month, there’s news of another partnership among carmakers like GM and tech companies such as Uber, as they vie for dominant roles in a transportation future where individual car ownership may largely give way to rides-on-demand from fleets of autonomous and tech-enabled vehicles. But whether Uber, Toyota, GM, Honda, or Google end up at the very top of this mobility industry, it’ll be good news for the companies that are developing services to support future high-tech car fleets, says Anthony Rodio.
Car Repair Startup YourMechanic Raises $24 Million
After a slow start, YourMechanic is now available for house calls in 700 U.S. cities. In an era of stiff competition and startups growing at head-spinning speeds, YourMechanic’s slow and quiet growth truly set it apart from others. More than three years since it last disclosed any financing or made any significant headlines, the Mountain View, Calif., startup, which dispatches mechanics to house calls, said Tuesday it recently raised $24 million in new funding. The new money will be used to continue to fuel the company’s expansion, which only got underway roughly two years ago.