GoWrench raises half a million dollars to disrupt automotive industry

Auto maintenance startup plans to expand offering across Canada

HAMILTON, ON, April 19, 2018 /CNW/ - Today, GoWrench Auto has announced a new funding raise of $525,000 CDN. Based in Hamilton, Ontario, GoWrench is a mobile automotive maintenance service that sends fully-vetted and certified mechanics directly to the customer, instead of the other way around.

GoWrench is currently available in over 45 cities across Canada, predominantly in Ontario and British Columbia. Key markets include Hamilton, Toronto, Ottawa, Kitchener-Waterloo, Vancouver, Burnaby, Langley, and more. The raise will be used by GoWrench to scale-up operations, onboard mechanics, and develop on its B2B and consumer-facing platform.

"GoWrench is shaking up the auto maintenance industry and this raise is a testament to how many people support our vision and crave a change in this space," said Josh Lombardo-Bottema, CEO and founder of GoWrench. "What started out as a spur-of-the-moment idea when my vehicle broke down has resulted in saving people time. With this funding, we're incredibly excited to get the opportunity to offer our service to more consumers across Canada."

Notable GoWrench investors include: Ontario Centre of Excellence (OCE); Good News Ventures; Lindsay Adamson, an executive sales and mindset coach; and Sameer Kochhar, the founder of password storage company Last Pass.

"Through the Market Readiness Program, OCE funds companies like GoWrench to assist with early-stage commercialization and growth," said Dr. Tom Corr, President and CEO of Ontario Centres of Excellence. "The Customer Creation stream of the Market Readiness Program is designed to support companies looking to increase their customer base, and we are thrilled to see GoWrench do this by successfully disrupting in the automotive space."

"At Good News Ventures, we back true grit entrepreneurs who are passionate, visionary and determined," added Marat Mukhamedyarov, Managing Partner, Good News Ventures. "Josh has such qualities and we are excited to be on board with him to disrupt the automotive industry."

GoWrench provides its fully-vetted, certified mechanics more autonomy when it comes to workflow and scheduling. GoWrench's mechanics have more flexibility, more independence and more freedom to take on projects that they are interested in.

For more information or to use GoWrench, please visit GoWrenchAuto.com.

About GoWrench Auto
Based in Hamilton GoWrench Auto is a mobile automotive maintenance service that was started in early 2015. Customers request the service they need via the GoWrench platform and after receiving a quote, they can proceed with booking an appointment time for mechanics to complete the job.

SOURCE GoWrench Auto