Fixter

London, United Kingdom Founded: 2016 • Age: 10 yrs Acquired By Renault Group
Car maintenance services are facilitated via an online marketplace platform.
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About Fixter

Fixter is a company based in London (United Kingdom) founded in 2016 was acquired by Renault Group in June 2022.. Fixter has raised $17.29 million across 2 funding rounds from investors including Renault Group, Kamet Ventures and Stephane Guinet. The company has 29 employees as of December 31, 2020. Fixter offers products and services including MOT Service, Car Servicing, Repairs, and Diagnostics. Fixter operates in a competitive market with competitors including ClickMechanic, Autoglass, MyCarNeedsA, National Service Network and Wash Doctors, among others.

  • Headquarter London, United Kingdom
  • Employees 29 as on 31 Dec, 2020
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fixter Limited
  • Date of Incorporation 13 Oct, 2016
  • Jurisdiction MILTON KEYNES, BUCKINGHAMSHIRE, UNITED KINGDOM
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Business Services → Event, Translation & Local Services
Key Metrics
  • Annual Revenue
    $1.91 M (USD)
    123
    as on Dec 31, 2019
  • Net Profit
    $-4.54 M (USD)
    -46
    as on Dec 31, 2019
  • EBITDA
  • Total Equity Funding
    $17.29 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.3 M (USD), Series A

    Aug 19, 2019

  • Investors
    Renault Group

    & 11 more

  • Employee Count
    29

    as on Dec 31, 2020

  • Acquired by
    Renault Group

    (Jun 10, 2022)

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Products & Services of Fixter

Fixter offers a comprehensive portfolio of products and services, including MOT Service, Car Servicing, Repairs, and Diagnostics. 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.

Primary

Annual roadworthiness test for vehicles to ensure compliance

Routine checks and repairs for optimal vehicle performance

Addresses common issues like brakes and engine problems

Identifies car faults through professional scanning tools

Funding Insights of Fixter

Fixter has successfully raised a total of $17.29M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.3 million completed in August 2019. 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 Rounds 2
  • Last Round Series A — $7.3M
  • First Round

    (16 Nov 2016)

  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2019 Amount Series A - Fixter Valuation

investors

Nov, 2016 Amount Series A - Fixter Valuation Kamet
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fixter

Fixter has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Renault Group, Kamet Ventures and Stephane Guinet. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Kamet Ventures is engaged in building transformative companies in HealthTech and InsurTech.
Founded Year Domain Location
Passenger cars and commercial vehicles are manufactured by Renault Group.
Founded Year Domain Location

Stephane Guinet

French angel investor in India, founder of Kamet Ventures, ex-AXA executive
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fixter

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Fixter

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fixter Comparisons

Employees
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Competitors of Fixter

Fixter 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 ClickMechanic, Autoglass, MyCarNeedsA, National Service Network and Wash Doctors, 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
Online garage aggregator for vehicle repair & maintenance services
domain founded_year HQ Location
On-demand vehicle glass repair and maintenance services are delivered online.
domain founded_year HQ Location
Repair services are aggregated online via reverse-auction bidding by providers.
domain founded_year HQ Location
Online garage aggregator
domain founded_year HQ Location
Online platform to book car washing & detailing services
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fixter

Frequently Asked Questions about Fixter

When was Fixter founded?

Fixter was founded in 2016.

Where is Fixter located?

Fixter is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Fixter a funded company?

Fixter is a funded company, having raised a total of $17.29M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9.99M, raised on Nov 16, 2016.

How many employees does Fixter have?

As of Dec 31, 2020, the latest employee count at Fixter is 29.

What is the annual revenue of Fixter?

Annual revenue of Fixter is $1.91M as on Dec 31, 2019.

What does Fixter do?

Fixter was established in 2016 in London, United Kingdom, as an online marketplace in the automotive services sector. Instant quotes are provided to users from a network of certified local garages. Services such as car maintenance are booked online, with vehicles collected and delivered by trained drivers at user-specified locations for convenience. Operations focus on streamlining access to repair and upkeep options across the UK.

Who are the top competitors of Fixter?

Fixter's top competitors include Autoglass, ClickMechanic and Wash Doctors.

What products or services does Fixter offer?

Fixter offers MOT Service, Car Servicing, Repairs, and Diagnostics.

Who are Fixter's investors?

Fixter has 12 investors. Key investors include Renault Group, Kamet Ventures, Stephane Guinet, Michael Niddam, and Nicolas Bosc.

What is Fixter's valuation?

The valuation of Fixter is $14.56M as of Aug 2019.

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