RepairSmith Expands Its At-Home Car Repair Service To Major US Cities

Caitlin Cook
Caitlin Cook is an editorial intern at dot.LA, currently earning her master's degree in mass communication from California State University, Northridge. A devoted multimedia journalist with an interest in both tech and entertainment, Cook also works as a reporter and production assistant for MUSE TV. She got her Bachelor of Fine Arts in Filmmaking from University of North Carolina School of the Arts.
RepairSmith Expands Its At-Home Car Repair Service To Major US Cities
Repairsmith.com

RepairSmith, an El Segundo-based at-home car repair service, has been steadily rising in popularity since its launch in 2019, with over 100,000 completed appointments.

And on Thursday, the company announced a $42 million Series B raise that will rev up and expand with the goal of operating in every major metropolitan area in the U.S. by next year.


The company now operates in 650 cities across six states including California.

"Finally, we believe there is a team that is bringing mobile service and repair into the digital age, using a robust technology platform backed by world-renowned automotive partners," Ziad Ghandour, founder of TI Capital, said in a statement announcing the raise. "RepairSmith is ideally positioned to transform the marketplace."

TI Capital invested along with Mercedes-Benz, Porsche Ventures and Spring Mountain Capital.

In cities where RepairSmith operates, customers can book an appointment for a technician to come to their home on RepairSmith's website.

RepairSmith also offers business-to-business services, with rental car agencies and car dealerships being among the types of businesses they serve. Still, the majority of RepairSmith's services are aimed at individual car owners.

One major selling point of the company is that each RepairSmith technician is an employee of the company rather than a contractor. This decision was made to ensure the quality of each technician, keep up with the competition and avoid legal issues regarding the distinction between an employee and a contractor.

In a statement, co-founder and CEO Joel Milne said, "The independent automotive repair market has not changed in 50 years, and is ripe for massive disruption."

Ghandour and John L. Steffens of Spring Mountain Capital will also join RepairSmith's board of directors.

Subscribe to our newsletter to catch every headline.

Cadence

10 TikTok Gadgets That Went Viral In 2022

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

10 TikTok Gadgets That Went Viral In 2022

Part of TikTok’s evolution over the years includes becoming another outlet for consumers to purchase popular gadgets. The app generated $821 million in global consumer spending across the App Store and Google Play in the first quarter of 2022 alone.

And since the holiday season is among us, it’s time to get some gifts checked off your list. So here’s 10 tech gadgets that went viral on TikTok that you can buy for your loved ones.

Read moreShow less

LA Tech ‘Moves’: Disney Taps Bob Iger for CEO, Former Meta Exec Joins DeSo

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Disney Taps Bob Iger for CEO, Former Meta Exec Joins DeSo
LA Tech ‘Moves’:

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

Read moreShow less

This Week in ‘Raises’: Swell Energy Lands $120M, Modyfi Draws in $8M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: Swell Energy Lands $120M, Modyfi Draws in $8M
This Week in ‘Raises’:

As funding in Los Angeles continues to slow down, Swell Energy still managed to raise fresh funding to accelerate the company's mission to deploy 26,000 energy storage systems in homes and businesses across the United States.

Read moreShow less
RELATEDEDITOR'S PICKS
LA TECH JOBS
interchangeLA
Trending