California -based Serviceup says a technology platform supports vehicle reform management for lease, commercial and logistical services raised $ 55 million in project support.
The “Series B” tour led the Peakspan Capital tour, with the participation of the current investors, Hears Ventures, TRESTLE PARTNERS, Capital MidWest Fund and LitQUIENT VENTERES. This is the total funding of the company so far to $ 70 million.
With the latest capital increase, Serviceup plans to develop its team, introduce new markets, and accelerate the development of Connect-the formation of Saas, which gives fleets and insurance companies control of self-service reforms.
According to the four -year -old company, the entire repair process is one of the most painful parts of running a fleet or treatment claims. This is because the stores lack updates, the data is widespread, and the repair of procrastination without a clear owner. Serviceup says it is permissible by managing the entire operation from picking up to delivery, while giving the teams vision and actual time control.
“The repair of cars has been one of the last great black boxes in the modern economy – fragmented, inappropriate, and reduced it through the progress of the old action and the point points,” Jacques Freeman, a partner in Peakspan Capital, said in a statement. “It is a frustration system of fleet operators, drains productivity, kills margins for insurance companies and service providers. Serviceup dismantling this model.”
