Service My Car

Schedule car maintenance online: We collect, service, and deliver back!

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Claim My Business
Security Type
CAFES
Categories
Technology, Retail, Service Businesses, Transportation & Storage
Min Investment
$100
Location
Palo Alto, , California

Key Deal Facts

Product Market Fit: Serviced 40,000+ cars already with 26%+ QoQ growth
Strong demand: 100k customer registrations and consistently growing
Rapid Growth: Had $6.1 M revenue in 2022, 180% revenue growth from 2021
Backed by one of the largest automotive family office in the Middle East - The Bahwan Group
2022 Wins: Achieved ARR of $7M USD for 2022
Massive market opportunity: Taking on an antiquated industry of over $500B
International Expansion: Already launched in 5 countries with plans of US expansion

Management Team / Advisory Board Bios

Ozair Puda CEOTop 40 Under 40 by Arabian Business in 2019. Awarded ‘CEO of the Year’ at the e-Business Awards by Entrepreneur Magazine in 2022. Expert in the auto industry with over 8 years of experience., Kashyap BARNAWAL Head Of FinanceChartered Accountant (CA) and CGMA with 11 Years of progressive experience in finance, accounts & taxation with exposure to different industry segments including tech-startups, Sandeep V. Rajusth Business Excellence Manager & Head Of Customer Support Over 22+ years of experience in Business excellence, Lead roles in Quality, HSE & Energy Management systems, Growth Strategy planner, Organisation Development, Mentoring talent, Leading teams to Dubai Quality Award & various ISO certifications..., Sashit Shrestha Head of ITLoves Developing Technology, Handles a tech team of 15 Members. Tech tech tech 26 Hours per day!, Ashish ChorangathHead of HRMore than 15+ years of people ops experience... previously worked in a company with more than 10,000 employees handling their HR., Eazaz Puda Head of Parts DepartmentBeen in the Automotive trade for 12+ Years. Passionate about cars. Knows everything about almost every car part., Shiela RaroHead Of LogisticsLooks after 33+ Drivers in 5 countries and collects more than 100 customer's cars on busy days., Aayush MalhotraChief Of StaffGets things done and aligns the team to reach one goal. Aayush is born and raised in Canada where he looked after 25+ locations for an automotive repair chain.
Amount Raised : $338,415
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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