About fettle
fettle is a company based in London (United Kingdom) founded in 2012 was acquired by Kwik Fit in January 2024.. fettle has raised $2.97 million across 3 funding rounds from investors including Kwik Fit. fettle offers products and services including Free Bike Assessment, Bicycle MOT, Solid Fettle Service, Full Fettle Service, and Puncture Repair. fettle operates in a competitive market with competitors including Fixter, ClickMechanic, Autoglass, MyCarNeedsA and National Service Network, among others.
- Headquarter London, United Kingdom
- Stage Minicorn
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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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- Legal Name Fettle Bike Repair Ltd
- Date of Incorporation 25 Jul, 2019
- Jurisdiction LETCHWORTH GARDEN CITY, HERTFORDSHIRE, ENGLAND
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Products & Services of fettle
fettle offers a comprehensive portfolio of products and services, including Free Bike Assessment, Bicycle MOT, Solid Fettle Service, Full Fettle Service, and Puncture Repair. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
No-obligation check for bike safety and repair needs.
Full inspection of brakes, gears, and components for road readiness.
Thorough cleaning and adjustment to make bike perform like new.
Complete stripdown, rebuild, and inspection for optimal bike condition.
Quick fix for punctures to get riders back on the road fast.
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Funding Insights of fettle
fettle has successfully raised a total of $2.97M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.81 million completed in November 2021. 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 3
- Last Round Seed — $1.8M
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First Round
First Round
(24 Jul 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Seed - fettle | Valuation |
investors |
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| May, 2021 | Amount | Seed - fettle | Valuation |
investors |
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| Jul, 2020 | Amount | Seed - fettle | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 fettle
fettle has secured backing from 1 investor. Prominent investors backing the company include Kwik Fit. 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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Automotive parts are manufactured and repair services are provided.
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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 fettle
| 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 - fettle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Fettle Comparisons
Competitors of fettle
fettle 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 Fixter, ClickMechanic, Autoglass, MyCarNeedsA and National Service Network, 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 |
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| domain | founded_year | HQ Location |
Car maintenance services are facilitated via an online marketplace platform.
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Online garage aggregator for vehicle repair & maintenance services
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On-demand vehicle glass repair and maintenance services are delivered online.
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| domain | founded_year | HQ Location |
Repair services are aggregated online via reverse-auction bidding by providers.
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| domain | founded_year | HQ Location |
Online garage aggregator
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 fettle
When was fettle founded?
fettle was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Where is fettle located?
fettle is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is fettle a funded company?
fettle is a funded company, having raised a total of $2.97M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.13M, raised on Jul 24, 2020.
What does fettle do?
Founded in 2012 in London, United Kingdom, the company operates in the bike maintenance sector. An online platform is offered for users to book repair services, including selection of pickup and drop locations, with teams dispatched to customers. E-bike servicing and repairs are also handled, alongside insurance options for bicycles. Operations focus on urban mobility solutions in the UK market.
Who are the top competitors of fettle?
fettle's top competitors include Fixter, Autoglass and ClickMechanic.
What products or services does fettle offer?
fettle offers Free Bike Assessment, Bicycle MOT, Solid Fettle Service, Full Fettle Service, and Puncture Repair.
Who are fettle's investors?
fettle has 1 investor. Key investors include Kwik Fit.
What is fettle's valuation?
The valuation of fettle is $9.34M as of Nov 2021.