On-demand auto mechanic service YourMechanic raises $24 mln

Mountain View, Calif.-based YourMechanic, a provider of an on-demand auto mechanic service, announced it has raised $24 million in Series B funding. Participating in the round were SoftBank Capital, Lerer Hippeau Ventures, Data Point Capital, Andreessen Horowitz, SAIC, Verizon Ventures, American Family Insurance, PG Ventures, Promus Ventures and Silicon Valley Bank. The company has now raised $32 million in total funding. As part of the financing, Joe Medved from Lerer Hippeau Ventures and Scott Savitz from Data Point Capital have joined the board.

1 March 2016•4 mins read
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