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ClickMechanic lands $1m in funding round led by Forward Partners

ClickMechanic

ClickMechanic, an online marketplace for car mechanics, has closed a $1m funding round led by early stage VC Forward Partners.

The startup also attracted investment from a series of angel investors including former JustEat CEO and existing investor Klaus Nyengaard.

500 Startups also participated in the round, which comes after the startup closed a £320,000 Seed round in April 2015.

According to a statement, the funding will be used to hire across the company’s marketing, operations and engineering teams and to continue developing its product.

Andrew Jervis, founder and CEO of ClickMechanic, said: “We’re using technology to disrupt a service industry which is fundamental to all drivers but also rather archaic and ambiguous in terms of it’s pricing model.

“We’re hugely excited by the difference we can make to the industry and to consumers – this investment will allow us to achieve these innovative ambitions,” continued Jervis.

Jervis decided to set up the company alongside business partner Kenton after he realised that many consumers were concerned about the lack of transparency in the car repair industry.

Spurred on by this, Jervis undertook a masters degree which looked into the issues within the automotive repair industry, meeting his co-founder soon after graduation.

Nic Brisbourne, founding partner at Forward Partners said he was pleased to invest in the company: “This fundraise underlines the significant future growth potential of ClickMechanic as well as Andrew and Felix’s entrepreneurial prowess.”

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