About Goodhood
Goodhood is a company based in Dallas (United States) founded in 2020 by Sean Robenalt and Prashant Salla. It operates as a On-Demand Services, and Subscription Services. Goodhood has raised $2.6 million across 1 funding round from investors including Bullish, Okapi Venture Capital and Mucker. Goodhood offers products and services including Mobile Auto Repair, Oil Change, and Brake Pads Replacement. Goodhood operates in a competitive market with competitors including RepairPal, YourMechanic, CarDash, Yoshi and Caliber, among others.
- Headquarter Dallas, United States
- Founders Sean Robenalt, Prashant Salla
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.6 M (USD)
in 1 rounds
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Latest Funding Round
$2.6 M (USD), Seed
Jul 12, 2023
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Investors
Bullish
& 5 more
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Employee Count
Employee Count
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Products & Services of Goodhood
Goodhood offers a comprehensive portfolio of products and services, including Mobile Auto Repair, Oil Change, and Brake Pads Replacement. 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.
Mobile auto repair services are provided at location.
Oil change services are offered for vehicle maintenance.
Brake pads replacement is provided for vehicle safety.
Funding Insights of Goodhood
Goodhood has successfully raised a total of $2.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.6 million completed in July 2023. 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 1
- Last Round Seed — $2.6M
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First Round
First Round
(12 Jul 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Goodhood | Valuation | Bullish |
| 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 Goodhood
Goodhood has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Bullish, Okapi Venture Capital and Mucker. 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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US focused VC investment company
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Founded Year | Domain | Location | |
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Accelerator and venture capital firm
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Founded Year | Domain | Location | |
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Venture capital-backed startup studio focused on deep tech, healthcare, AI, and multiple sectors
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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 Goodhood
| 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 - Goodhood
| 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 |
Goodhood Comparisons
Competitors of Goodhood
Goodhood 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 RepairPal, YourMechanic, CarDash, Yoshi and Caliber, 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 |
Auto repair estimates and vetted mechanic directories are offered online.
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| domain | founded_year | HQ Location |
On-demand vehicle maintenance and repairs are provided via mobile platform.
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| domain | founded_year | HQ Location |
Online marketplace for car repair services
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| domain | founded_year | HQ Location |
Mobile vehicle inspection and maintenance solutions are provided to fleets.
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| domain | founded_year | HQ Location |
Auto repair, glass replacement, and fleet maintenance services are provided.
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| domain | founded_year | HQ Location |
Provider of car engine repairing and maintenance and replacement services
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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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Latest news on Goodhood
Frequently Asked Questions about Goodhood
When was Goodhood founded?
Goodhood was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Goodhood located?
Goodhood is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Goodhood?
Prashant Salla is the current CEO of Goodhood. They have also founded this company.
Is Goodhood a funded company?
Goodhood is a funded company, having raised a total of $2.6M across 1 funding round to date. The company's 1st funding round was a Seed of $2.6M, raised on Jul 12, 2023.
What does Goodhood do?
Mobile auto repair services are offered by certified mechanics directly at customers locations. Routine maintenance, major repairs, and diagnostic tools are provided to address various vehicle issues. Services include oil changes, brake pads replacement, and alternator or battery replacements. A membership program is also available, offering benefits like free oil changes and discounts on repairs. Customer convenience is prioritized by eliminating the need to visit traditional repair shops.
Who are the top competitors of Goodhood?
What products or services does Goodhood offer?
Goodhood offers Mobile Auto Repair, Oil Change, and Brake Pads Replacement.
Who are Goodhood's investors?
Goodhood has 6 investors. Key investors include Bullish, Okapi Venture Capital, Mucker, New Age Ventures, and Kubera Venture Capital.