About ASAP Tire
ASAP Tire is a company based in La Habra (United States) founded in 2012 by James Chen.. ASAP Tire has raised $1.8 million across 1 funding round from investors including Wavemaker Partners and RezVen Partners. ASAP Tire operates in a competitive market with competitors including YourMechanic, RepairPal, Yoshi, Openbay and Wrench, among others.
- Headquarter La Habra, United States
- Founders James Chen
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.8 M (USD)
in 1 rounds
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Latest Funding Round
$1.8 M (USD), Seed
Dec 06, 2017
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Investors
Wavemaker Partners
& 1 more
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Employee Count
Employee Count
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Funding Insights of ASAP Tire
ASAP Tire has successfully raised a total of $1.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.8 million completed in December 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.8M
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First Round
First Round
(06 Dec 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Seed - ASAP Tire | Valuation | Wavemaker Partners , RezVen Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ASAP Tire
ASAP Tire has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Wavemaker Partners and RezVen Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Founded Year | Domain | Location | |
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RezVen Partners is engaged in funding and advising early-stage tech companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ASAP Tire
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ASAP Tire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asap Tire Comparisons
Competitors of ASAP Tire
ASAP Tire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as YourMechanic, RepairPal, Yoshi, Openbay and Wrench, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand vehicle maintenance and repairs are provided via mobile platform.
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| domain | founded_year | HQ Location |
Auto repair estimates and vetted mechanic directories are offered online.
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| domain | founded_year | HQ Location |
Mobile vehicle inspection and maintenance solutions are provided to fleets.
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| domain | founded_year | HQ Location |
Automotive repair services are aggregated via a mobile app platform.
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| domain | founded_year | HQ Location |
On-demand auto repair services are booked via a mobile app.
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| domain | founded_year | HQ Location |
Vehicle coverage plans are provided by Endurance for automotive protection.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ASAP Tire
When was ASAP Tire founded?
ASAP Tire was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is ASAP Tire located?
ASAP Tire is headquartered in La Habra, United States. It is registered at La Habra, California, United States.
Is ASAP Tire a funded company?
ASAP Tire is a funded company, having raised a total of $1.8M across 1 funding round to date. The company's 1st funding round was a Seed of $1.8M, raised on Dec 06, 2017.
What does ASAP Tire do?
Founded in 2012 in La Habra, United States, ASAP Tire operates in the automotive services sector through an online platform and phone support. Onsite tire installation and repair are requested by users after specifying their location. Additional services include mounting, balancing, rotation, and flipping of tires. Assistance is provided to users in selecting tires based on vehicle models and needs.
Who are the top competitors of ASAP Tire?
Who are ASAP Tire's investors?
ASAP Tire has 2 investors. Key investors include Wavemaker Partners, and RezVen Partners.