Investments

CarDash Raises $5.3M In Funding To Make Auto Service Easier

CarDash, which aims to make getting your car serviced easier and more transparent, recently raised $5.3 million in a venture capital seed funding round.

According to news from TechCrunch, CarDash, currently available only in the Bay Area, works with a number of local auto service centers so that it can ensure high quality work, while also reducing the cost and amount of time it takes for car service repairs to be completed.

Once an initial diagnosis is completed by a mechanic at a local auto service center CarDash has partnered with, the company provides a transparent price quote of the work that needs to be done and the cost of parts and car care services. The local mechanics that the company works with are put through a rigorous screening process, as well as occasional operational testing to ensure that auto service centers are performing maintenance without adding additional charges to a customer’s bill.

CarDash’s partnership with car servicing centers ensures that its customers’ cars are looked at faster and will get better pricing. And to make the car care process even less stressful, the company offers an end-to-end concierge service that will send a driver to your home or office to have the car serviced within a few hours. That means customers don’t need to drop off the vehicle at an auto service center before work or pick it up at the end of the day.

CarDash has been operating for about a year in the San Francisco Bay Area, but it plans to use this venture capital (VC) funding to expand its team and grow operations.

The VC funding round was led by Index Ventures and Felicis Ventures, with participation by Y Combinator, Afore Capital, NextView Ventures and NextGen Venture Partners.

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