Fundraising Fox

Wrench

Seattle, US · Founded 2015 · Washington corporation · 5 known investors

wrench.com ↗

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.

ConsumerMarketplacesMobility & Transportation

Founders & leadership

Wrench was founded in 2015 by Edward Petersen.

EP
Edward PetersenFounder
DS
Douglas StevensExecutive
MV
Michelle VirtaExecutive
DC
Daniel Casey WillisExecutive
WB
William BeaverExecutive

Investors · 5

Ascend Venture CapitalSeattle · $250K – $750K
Data Point CapitalBoston
Madrona Venture GroupSeattle · $2M – $10Mvia Len Jordan · board
Tenaya CapitalPalo Alto · $5M – $10M
MarubenireportedTokyo · $5M – $500M

Reported raises · per SEC filings

Form D private placements

$59.3M disclosed across 5 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.

Competitors · 3

by search overlap
YourMechanic11286 shared keywordsA platform that dispatches mechanics to car owners at their homes or offices to perform repairs and maintenance services across major U.S. metropolitan areas.
Instant Car Fix7874 shared keywordsInstant Car Fix provides mobile car repair and maintenance services, sending certified mechanics to customers' preferred location and time. It serves car owners across all 50 U.S. states and offers financing for all credit types.
Meineke5833 shared keywordsMeineke provides automotive repair and maintenance services including oil changes, exhaust and muffler work, brakes, tires, A/C, and steering and suspension. It also offers a digital e-Inspection tool that gives customers real-time service updates, inspection photos, and approvals from their phone.

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

In the news

Mobile car repair startup Wrench is raising more cash – GeekWiregeekwire.com · Aug 2023Mobile car-repair company Wrench raises $20 million to fuel expansionboston.com · Dec 2019Wrench, Seattle mobile car-repair company, raises $20M to fuel expansion | Transportation | unionleader.comunionleader.com · Nov 2019Wrench raises $20 millioncoverager.com · Nov 2019Wrench Raises $20M In Series C Funding - FinSMEsfinsmes.com · Nov 2019Wrench raises $20M to ratchet up growth of tech-powered car repair platform – GeekWiregeekwire.com · Nov 2019

Frequently asked questions

What does Wrench do?
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.
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 rounds.
Where is Wrench headquartered?
Wrench is headquartered in Seattle, US.