TORONTO – AutoLeap, an all-in-one auto repair shop management software, has raised $30 million in Series B financing led by Advance Venture Partners with participation from existing investors Bain Capital Ventures and Threshold Ventures. The funding will be used to continue modernizing the auto repair industry as AutoLeap looks to enhance its best-in-class product and continue providing white glove customer service.
“The auto repair market has been underserved by technology for too long and over the past several years, we’ve been on a journey to modernize the industry with new and cutting-edge technology to allow repair shop owners to save time, simplify their operations, and ultimately drive growth in their shops,” said Rameez Ansari, AutoLeap’s co-founder and co-CEO.
On a mission to “build trust, save time, and turbocharge growth”, AutoLeap has found early success in the auto repair industry, earning recognition and various awards from the likes of G2 which named AutoLeap the #1 ranked auto repair software and the Stevie Awards which rated AutoLeap as a favorite new software in 2022.
“The impact that we’ve created for our customers is heartwarming and incredible to see. We are inspired every day by the tremendously positive feedback from the market. We couldn’t be more proud of our team for the tremendous effort and passion they show everyday” said Steve Lau, AutoLeap’s other co-founder and co-CEO.
AutoLeap provides an all-in-one, cloud-based auto repair management software that helps shop owners better understand, manage and grow their business—from scheduling appointments to managing technicians and generating invoices. The best auto repair shops choose AutoLeap as it helps them save time and make more money.
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