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.
- Headquarter Toronto, Canada
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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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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 Total Funding
- Total Rounds 2
- Last Round Seed — $1.8M
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First Round
First Round
(01 Jun 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2017 | Amount | Seed - Fiix | Valuation | Javelin Venture Partners | |
| Jun, 2016 | Amount | Grant - Fiix | Valuation |
investors |
| 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 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. 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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Seed and early-stage tech investments are made in US companies.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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On-demand auto repair services are booked via a mobile app.
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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 Fiix
| 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 - Fiix
| 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 |
Fiix Comparisons
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. 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 |
Automotive workshops are aggregated and connected to clients online.
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| domain | founded_year | HQ Location |
Online marketplace for on-demand car diagnosis & maintenance services
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| domain | founded_year | HQ Location |
Online platform for casino games, bonuses, promotions, and secure gambling experiences.
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| domain | founded_year | HQ Location |
Automotive glass repair services are provided in Airdrie.
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| domain | founded_year | HQ Location |
Platform providing tech tools for automotive repair professionals and businesses.
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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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| 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 Fiix
When was Fiix founded?
Fiix was founded in 2016.
Where is Fiix located?
Fiix is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Fiix a funded company?
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 01, 2016.
What does Fiix do?
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.
Who are the top competitors of Fiix?
Fiix's top competitors include CrashBay, GlassMasters autoglass and Master Mechanic.
Who are Fiix's investors?
Fiix has 3 investors. Key investors include Wrench, Javelin Venture Partners, and Y Combinator.
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