Coinless

Salt Lake City, United States Founded: 2017 • Age: 9 yrs Acquired By EverWash
A cloud-based car wash software and payment solution for auto workshops

About Coinless

Coinless is a Transportation, Automotive & Logistics company based in Salt Lake City (United States) founded in 2017 by Jared Richards, and was acquired by EverWash in May 2024. It operates in the Transportation, Automotive & Logistics, Technology, and Business Services sectors. Coinless has raised $500 thousand across 1 funding round from investors including EverWash. Its chief executive is Jared Richards. Coinless offers products and services including Mobile App, Loyalty Programs, Membership Programs, and Business Analytics. Its focus areas include Consumer, Local Services, Auto Services and Car Wash. Its legal entity is Coinless, LLC. Its competitors include Spiffy, EverWash, Mitchell International, Way and Fullbay and 5 more; 8 of its 10 listed competitors have raised funding.

Company details

A cloud-based car wash software and payment solution for auto workshops. It manages the credit card processing for multiple payments made through the app and provides loyalty programs that reward customers for visiting their preferred carwash locations. It provides a coinless device that receives purchase information and let customer pays for their wash on their smartphone. Features include business analytics, reputation marketing, membership programs, and remote management. The mobile application is available for iOS and Android devices.

  • Headquarters Salt Lake City, United States
  • Founders Jared Richards
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
    Technology Business Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website coinlessmobile.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by EverWash (May 2024)
  • Legal Name Coinless, Llc
Key Metrics
  • Total Equity Funding
    $500K (USD)

    in 1 rounds

  • Latest Funding Round
    $500K (USD), Seed

    Feb 2020

  • Investors
  • Acquired by
    EverWash

    (May 2024)

Products & Services of Coinless

Coinless offers a comprehensive portfolio of products and services, including Mobile App, Loyalty Programs, Membership Programs, and Business Analytics.

Mobile App
Payment Platform

App for processing mobile payments at car washes.

Loyalty Programs
Customer Retention

Tools to reward repeat customers at car wash locations.

Membership Programs
Subscription Services

Monthly auto-pay options for car wash access.

Business Analytics
Data Tools

Reports on sales and customer data for car wash owners.

Apps and channels of Coinless

Coinless publishes 2 mobile apps with over 10K+ downloads.

Coinless Mobile
Google Play Shopping Everyone Free
Developer: Coinless
View on Google Play
Coinless Mobile
App Store Productivity 4+
Developer: Coinless, LLC
View on App Store

Funding Insights of Coinless

Coinless has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in February 2020. 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 $500,000
  • Total Rounds 1
  • Last Round Seed β€” $500,000
  • First Round $500,000

    (Feb 2020)

All 1 funding rounds of Coinless with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2020$500,000Seed––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Coinless

Coinless has secured backing from 1 investor. Prominent investors backing the company include EverWash.

All
InvestorDescriptionFounded YearDomainLocation
Car washing services are booked via an online platform.
2010everwash.comPhiladelphia, United States
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Investor details for Coinless

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People of Coinless

3 people are tracked at Coinless (2 in leadership, 1 in team).

NameRoleGroup
Jared Richards
Founder & CEOLeadership
Shane Larsen
Chief CoinslayerLeadership
Braden Hall
Integration ConsultantTeam
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Complete people profiles for Coinless

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of Coinless

3 dated milestones of Coinless across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Coinless is founded.
  2. Funding First funding round of $500K.
  3. Exit Acquired by EverWash.

Competitors of Coinless

Coinless has 10 listed competitors in our database, 8 of them funded. They include Spiffy, EverWash, Mitchell International, Way and Fullbay, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
getspiffy.com2014Charlotte, United States$90.76M129
Spiffy is recognized as a full-stack mobile service platform for the automotive industry.
everwash.com2010Philadelphia, United States$6M–
Car washing services are booked via an online platform.
mitchell.com1992San Diego, United States–5,596
SaaS-driven collision repair and auto workshop management solutions
way.com2012Sunnyvale, United States$3.4M292
App-based platform to find car parking, auto insurance & car wash services
fullbay.com2013Phoenix, United States$23M115
Shop management software is offered for heavy duty workshops.
tommys-express.com2016Grandville, United States$54.2M46
App-based booking of car washing and detailing services is facilitated.
zipscarwash.com2004Springdale, United States$70M241
Car washing services are booked via an online subscription platform.
decisiv.com2001Richmond, United States$63.23M84
Provider cloud-based SRM solution to manage internal/external service and repair events
splashcarwashes.com1981Greenwich, United States––
Provider of car washing services
shop-ware.com2013San Francisco, United States$15M–
Auto workshop management is streamlined via SaaS software.
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Detailed competitors of Coinless

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Coinless

The website of Coinless (coinlessmobile.com) receives about 7K visits a month.

  • Monthly visits
    7K

    ▲ 117% vs previous month

Top companies in Automotive Retail & Aftersales

10 companies that operate in the same segment as Coinless (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 462.45 MUSD 1.12 B4,589
Pre-owned vehicles are sold online with financing and valuation services.
2012Phoenix, Arizona, United StatesUSD 460 MUSD 20.32 B17,400
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 741.46 MUSD 446.48 M5,812
Pre-owned cars are certified, inspected, and traded online via Kavak.
2016Lerma De Villada, Estado De Mexico, MexicoUSD 1.85 B–11
Auto insurance is delivered via app to individual drivers.
2017London, England, United KingdomUSD 161.3 MUSD 369.88 M625
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Second-hand cars are listed online to connect buyers and sellers.
2003Mumbai, Maharashtra, IndiaUSD 5.89 MUSD 5.28 M451
Vehicle parts and accessories are sold via an online platform.
1897Walsall, West Midlands, United KingdomUSD 20.37 M––
Full-stack marketplace services for car ownership are provided.
2015Singapore, Singapore, SingaporeUSD 685.9 MUSD 806.83 M1,381
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Related news about Coinless

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Frequently Asked Questions about Coinless

Coinless was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Coinless is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.

Jared Richards is the current CEO of Coinless. They have also founded this company.

Coinless is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Feb 2020.

A cloud-based car wash software and payment solution for auto workshops. It manages the credit card processing for multiple payments made through the app and provides loyalty programs that reward customers for visiting their preferred carwash locations. It provides a coinless device that receives purchase information and let customer pays for their wash on their smartphone. Features include business analytics, reputation marketing, membership programs, and remote management. The mobile application is available for iOS and Android devices.

Coinless's top competitors include Way, Spiffy and EverWash.

Coinless offers Mobile App, Loyalty Programs, Membership Programs, and Business Analytics.

Coinless has 1 investor. Key investors include EverWash.

Coinless operates through Coinless, Llc.

Yes. Coinless was acquired by EverWash in May 2024.

Yes. Coinless publishes Coinless Mobile and 1 more app, with over 10,000 downloads.

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