Fundraising Fox

Wrench

Seattle, US · Founded 2015 · Washington corporation · 107 employees on LinkedIn · 5 known investors

Find your way into Wrench

154 people in our graph share verified history with the Wrench team — schools, employers, funds. One of them is your warm intro.

Neil Rimerunlockedknows Douglas Stevens · together at Stanford University (overlapped)
×2knows the team · via University of Washington
×9knows the team · via Stanford University

Wrench operates a platform that brings certified mechanics to customers' locations for mobile auto repair and maintenance, letting car owners avoid shops and waiting. It serves consumer vehicle owners seeking on-demand automotive service.

Also known as Wrench, Inc.

Founders & leadership

Wrench was founded in 2015 by Edward Petersen.

EPEdward Petersen
Edward PeterseninFounder
MVMichelle Virta
Michelle VirtainExecutive
DC
Daniel Casey WillisExecutive
WB
William BeaverinExecutive

Investors · 5

Reported raises · per SEC filings

Form D private placements

$59.3M disclosed across 5 of 6 rounds · 2016–2023

$14.3MraisedAug 2023 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Douglas StevensExecutive Officer
  • Daniel Casey WillisExecutive Officer, Director
  • Scott NagelDirector
  • Ryan McGavranExecutive Officer
  • Ben BoyerDirector
  • Edward PetersenExecutive Officer, Director
  • Len JordanDirector
Offering amount
$21M
Amount sold
$14.3M
First sale
Jul 2023
Incorporated
Corporation, Washington
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$40MraisedAug 2023 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Ryan McGavranExecutive Officer
  • Daniel Casey WillisExecutive Officer, Director
  • Ben BoyerDirector
  • Douglas StevensExecutive Officer
  • Len JordanDirector
  • Scott NagelDirector
  • Edward PetersenExecutive Officer, Director
Offering amount
$40M
Amount sold
$40M
First sale
Jun 2022
Incorporated
Corporation, Washington
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$468.1KraisedMay 2022 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Len JordanDirector
  • Ben BoyerDirector
  • Edward PetersenExecutive Officer, Director, Promoter
  • Daniel Casey WillisExecutive Officer, Director, Promoter
  • Douglas StevensExecutive Officer, Promoter
  • Samir MehtaExecutive Officer
  • Scott NagelDirector
  • Ryan McGavranExecutive Officer
Offering amount
$468.1K
Amount sold
$468.1K
First sale
May 2022
Incorporated
Corporation, Washington
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.4MraisedMar 2017 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Daniel Casey WillisExecutive Officer, Director
  • William BeaverExecutive Officer
  • Edward PetersenExecutive Officer, Director
  • Michelle VirtaExecutive Officer, Director
  • Len JordanDirector
Offering amount
$4M
Amount sold
$3.4M
First sale
Mar 2017
Incorporated
Corporation, Washington, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.2MraisedJun 2016 · 15 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Edward PetersenExecutive Officer, Director
  • Douglas StevensExecutive Officer, Director
  • Michelle VirtaExecutive Officer, Director
  • Daniel Casey WillisExecutive Officer, Director
  • William BeaverExecutive Officer, Director
Offering amount
$1.2M
Amount sold
$1.2M
Minimum investment
$20K
First sale
Jun 2016
Incorporated
Corporation, Washington, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Wrench operates a nationwide marketplace that connects certified automotive technicians with vehicle owners, performing maintenance and repair at the customer's home, workplace or parking spot rather than at a shop. The company describes itself as a full-service auto repair shop without the shop, with mechanics equipped from stocked vans able to complete roughly 80% of the maintenance services normally performed in a repair facility, including diagnostics, oil and filter changes, brake pad and caliper replacement, alternator, starter, battery, radiator, water pump, thermostat, ignition coil, spark plug, serpentine belt and timing belt work, and transmission fluid changes. Wrench states it offers more than 750 services and backs work with a 12-month/12,000-mile warranty. Customers create an account on the website or mobile app, choose services and a time slot, receive a fixed quote, and are charged to a credit card after the work is completed; where the fault is unknown, a technician performs a diagnostic visit and then issues a quote.

Beyond consumer repair, Wrench serves fleet customers with dedicated fleet specialists and account tools for managing vehicles, employees, approval limits and invoices, and markets a TotalCare offering plus towing and roadside assistance services such as emergency towing, flat tire assistance, battery jump start, key lockout, fuel delivery and winch-out. Lemon Squad, described as a Wrench subsidiary with a national footprint, provides pre-purchase used vehicle inspections for consumer, commercial and recreational vehicles.

Founding story

Wrench was founded by Ed Petersen, Casey Willis and Doug Stevens, who set out to use technology to bring transparency and convenience to auto repair, a process that traditionally required towing a vehicle to a shop and arranging separate transportation. The name came from technicians' term for working on a vehicle, "wrenching." The CEO has also described launching the company with four co-founders in 2016 and said it was started out of customer frustration with transparency, pricing and lack of convenience in auto repair.

Business model

Wrench dispatches employed, certified technicians in equipped vans to customer locations and charges for individual repair and maintenance jobs at a fixed quoted price, with payment taken by credit card after service. It also sold a monthly membership for routine maintenance covering oil changes, tire rotation, safety inspections and fluid top-offs, priced at $14.95 per month per car or $19.95 per truck as of 2017, and serves fleet accounts alongside consumers.

Revenue comes from per-job service fees based on fixed quotes for diagnostics, maintenance and repair work, subscription maintenance memberships, fleet service contracts, towing and roadside services, and vehicle inspections through its Lemon Squad subsidiary.

Traction

The company reported 170 employees, of whom 100 were technicians, and expansion across multiple metropolitan markets. Its lead investor said in December 2017 that Wrench had made considerable progress over the prior year with high customer satisfaction and repeat customers in all four of its then-active cities. Wrench states it offers over 750 services.

Latest developments

A filing-based report dated August 7, 2023 recorded Wrench, Inc. raising $40 million from a $40 million offering, listing Madrona Venture Group, Vulcan Capital, Tenaya Capital and Marubeni Corporation among its investors.

Full profile — market position, technology, go-to-market, geography, history

Market position

Wrench has been characterized in press coverage as an "Uber for car repair" operating in a North American auto maintenance and repair market that its lead investor described as generating roughly $70 billion a year. Its pricing was described by the CEO as below dealership rates and on par with independent repair shops.

Wrench's positioning rests on transparency and convenience: fixed, up-front quotes with no hidden fees, service delivered at the customer's location instead of a shop, full-time certified technicians rather than shop drop-off, a 12-month/12,000-mile warranty, same-day availability, and a contactless service process promoted during the COVID-19 pandemic.

Technology

The company built a platform with a website and mobile app for account creation, service selection, scheduling, quoting and payment, plus internal systems described by an investor as a complex estimating and dispatch system that determines repair estimates, handles customer responses and routes mechanics to vehicles quickly. Fleet customers get software features for vehicle and employee management, approval limits and invoicing.

Go-to-market

Wrench acquires customers directly through its website and mobile app with online quoting and same-day booking, supported by inbound phone lines for consumer service, fleet sales and emergency roadside dispatch. Market entry has been city-by-city, driven by consumer demand and technician interest, with published customer testimonials and mechanic profiles showing years of experience and ASE, ALLDATA, AC, emissions and ACDelco certifications.

Consumer vehicle owners of cars and trucks who want repair and maintenance performed at home or work, commercial and fleet operators managing multiple vehicles, and used-vehicle buyers seeking pre-purchase inspections.

Geography

Headquartered in Seattle, Washington, with offices listed at 1411 4th Ave (a former Uber office the company moved into) and 701 5th Ave. Early markets included Seattle, Portland, San Diego and Phoenix, with Phoenix as the second market launched, followed by a December 2017 launch in Spokane, Washington covering Airway Heights to the Idaho border. Customer testimonials reference service in Texas and California, and the company is described as a nationwide marketplace; its Lemon Squad inspection subsidiary is described as having a national footprint.

History

After starting in Seattle, the company's first customer was a tour bus belonging to the band The Shelters, and its second market launch was Phoenix, Arizona. It expanded to Seattle, Portland, San Diego and Phoenix, added Spokane in December 2017 as a test of a mid-size market, and grew to 170 employees including 100 technicians before relocating its Seattle headquarters to a larger space at 1411 4th Ave. It later added a fleet business, TotalCare, towing and roadside assistance, and the Lemon Squad vehicle inspection subsidiary.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJan 2017170 people
HeadcountAug 2026107
Maintenance membership price (car)Dec 2017$14.95
Maintenance membership price (truck)Dec 2017$19.95
Markets servedDec 20174 cities
Services offeredJan 2023750 services
Share of shop maintenance services performable on-siteDec 201780%
TechniciansJan 2017100 people
WarrantyJan 202512 months / 12,000 miles

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

2 people who came through Wrench went on to found or lead other companies.

Competitors · 3

by search overlap

Companies competing with Wrench for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Aug 2023
Wrench, Inc. reports $40 million raise in initial filing

A funding report dated August 7, 2023 states Wrench announced it raised $40 million in an initial filing from a $40 million offering, categorized as a venture round of unknown series.

$40M source ↗

Dec 2017
Wrench launches mobile mechanic service in Spokane

Wrench launched in Spokane, Washington in the first week of December 2017, serving from Airway Heights to the Idaho border; the company said the expansion was based on consumer demand, mechanic interest and a desire to test a mid-size market.

source ↗

Mar 2017
Wrench relocates Seattle headquarters

Citing growth, Wrench moved its headquarters to a larger Seattle space at 1411 4th Ave, 11th floor, previously occupied by Uber.

source ↗

Jan 2017
Second market launch in Phoenix, Arizona

Wrench describes its Phoenix, Arizona launch as its second market, which it says was successful and prompted further expansion into additional cities.

source ↗

Jan 2017
Wrench secures more than $4 million in Series A funding led by Madrona Venture Group

Earlier in 2017, Wrench raised more than $4 million in Series A funding led by Seattle-based Madrona Venture Group, whose managing director Len Jordan cited the roughly $70 billion North American auto maintenance and repair market.

$4M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
WrenchWashington

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Wrench do?
Wrench is a Seattle-based mobile auto repair company that sends certified mechanics to customers' homes and workplaces.
Who founded Wrench?
Wrench was founded by Edward Petersen in 2015.
Who are Wrench's investors?
Wrench's investors include Ascend Venture Capital, Data Point Capital, Madrona Venture Group, Tenaya Capital, Marubeni.
How much funding has Wrench raised?
Wrench has disclosed $59.3M raised across 5 of its 6 known rounds.
Where is Wrench headquartered?
Wrench is headquartered in Seattle, US.