About Fiix
Fiix is a company based in Toronto (Canada) founded in 2016 was acquired by Wrench in October 2019. Fiix has raised $1.8 million across 2 funding rounds from investors including Wrench, Javelin Venture Partners and Y Combinator. Fiix operates in a competitive market with competitors including CrashBay, GoWrench Auto, MicroMech, GlassMasters autoglass and Repair OnDemand, among others.
Funding Insights of Fiix
Fiix has successfully raised a total of $1.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million completed in September 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 $1.8M
- Total Rounds 2
- Last Round Seed — $1.8M
- First Round $20,000
(Jun 2016)
- Investors Count 2
All 2 funding rounds of Fiix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2017 | $1.8M | Seed | – | Javelin Venture Partners | |
| Jun 2016 | $20,000 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Fiix
Fiix has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Wrench, Javelin Venture Partners and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage tech investments are made in US companies. | – | javelinvp.com | San Francisco, United States | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
On-demand auto repair services are booked via a mobile app. | 2016 | wrench.com | Seattle, United States |
Investor details for Fiix
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Fiix
4 dated milestones of Fiix across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Fiix is founded.
- Funding First funding round of $20K.
- Funding Latest funding round, Seed, of $1.8M.
- Exit Acquired by Wrench.
Competitors of Fiix
Fiix 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 CrashBay, GoWrench Auto, MicroMech, GlassMasters autoglass and Repair OnDemand, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| crashbay.com | 2019 | Milton, Canada | $1.25M | – | Automotive workshops are aggregated and connected to clients online. | |
| gowrenchauto.com | 2013 | Hamilton, Canada | $408,366 | – | Online marketplace for on-demand car diagnosis & maintenance services | |
| micromech.net | 2015 | Calgary, Canada | $1.2M | – | Online platform for casino games, bonuses, promotions, and secure gambling experiences. | |
| glassmastersautoglass.com | 2001 | Airdrie, Canada | – | 16 | Automotive glass repair services are provided in Airdrie. | |
| repairondemand.com | 2022 | St. John's, Canada | – | – | Platform providing tech tools for automotive repair professionals and businesses. | |
| mastermechanic.ca | 1982 | Toronto, Canada | – | – | Vehicle maintenance services are provided to customers. | |
| getweel.com | 2015 | Toronto, Canada | $555,785 | – | Online booking platform connects users with automotive repair professionals. | |
| instamek.com | 2014 | Edmonton, Canada | – | – | On-demand automotive repairs are booked online for home or workplace. | |
| karzen.io | 2016 | Montreal, Canada | – | – | Online discovery platform to find & book local automotive workshops |
Detailed competitors of Fiix
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.
Latest news on Fiix
Complete news archive for Fiix
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Fiix
10 companies that operate in the same segment as Fiix (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Fiix
Fiix was founded in 2016.
Fiix is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Fiix is a funded company, having raised a total of $1.8M across 2 funding rounds to date. The company's 1st funding round was a Grant of $20K, raised on Jun 2016.
Fiix was founded in 2016 in Toronto, Canada, as an online on-demand service in the automotive repair sector. Various maintenance tasks are handled, including tire changes and rotations, spark plug and ignition coil replacements, oil changes, and front and rear brake pad, rotor, drum, and shoe replacements. Operations are conducted across Toronto, Scarborough, North York, Markham, Richmond Hill, Ajax, Pickering, Mississauga, Brampton, Oakville, Thornhill, Vaughan, Newmarket, Aurora, and Etobicoke.
Fiix's top competitors include CrashBay, GlassMasters autoglass and Master Mechanic.
Fiix has 3 investors. Key investors include Wrench, Javelin Venture Partners, and Y Combinator.
Yes. Fiix was acquired by Wrench in October 2019.