WhoCanFixMyCar.com secures £4m investment
WhoCanFixMyCar.com has secured £4m from investors including Shell Ventures, Sir Trevor Chinn, Active Partners and Venrex Investment Management.
WhoCanFixMyCar.com was launched in 2011 by two former investment bankers, Al Preston and Ian Griffiths, and has since become the biggest online marketplace for drivers and garages in the UK. The company has offices in Newcastle upon Tyne, London and Kiev.
WhoCanFixMyCar.com is the UK’s leading local garage and mechanic comparison service, allowing drivers to post jobs and receive quotes from local garages and mechanics. The platform currently has 11,500 garages registered to the site, has processed one million repair requests from UK drivers and receives circa 60,000 new job requests from drivers every month.
The UK aftermarket industry generated a revenue of £21.6bn in 2016 according to the SMMT. Garages on WhoCanFixMyCar.com have seen an increase in business since joining the platform, with single site garages obtaining circa 600 new customers per year through the platform and top regional groups securing 3,000-4,000 bookings per year.
Al Preston, co-founder of WhoCanFixMyCar.com, said, ‘This is a really exciting time for the company. The whole team have worked extremely hard to bring the business to this point, where we can attract such interesting partners for our next stage of growth.’