About instaMek
instaMek is a company based in Edmonton (Canada) founded in 2014.. instaMek has completed 1 acquisition, including WrenchPatrol. instaMek offers products and services including Brake Services, Car Battery Replacement, Engine Repair, Pre-Purchase Inspection, and Tire Swap Services. instaMek operates in a competitive market with competitors including Fiix, CrashBay, GoWrench Auto, MicroMech and GlassMasters autoglass, among others.
- Headquarter Edmonton, Canada
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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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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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of instaMek
instaMek offers a comprehensive portfolio of products and services, including Brake Services, Car Battery Replacement, Engine Repair, Pre-Purchase Inspection, and Tire Swap Services. 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.
Repairs vehicle brakes to ensure safe operation.
Replaces faulty batteries to prevent breakdowns.
Fixes engine issues for optimal vehicle performance.
Evaluates used cars to avoid buying faulty ones.
Handles tire changes and swaps at customer locations.
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Funding Insights of instaMek
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2015 | Amount | Angel Round - instaMek | Valuation |
investors |
| 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 instaMek
instaMek has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Startup Edmonton. 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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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 instaMek
instaMek has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include WrenchPatrol. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Automobile maintenance services are booked through an online portal.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - instaMek
| 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 |
Instamek Comparisons
Competitors of instaMek
instaMek 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 Fiix, CrashBay, GoWrench Auto, MicroMech and GlassMasters autoglass, 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 |
On-demand automotive repair services are offered online.
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| 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 instaMek
When was instaMek founded?
instaMek was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is instaMek located?
instaMek is headquartered in Edmonton, Canada. It is registered at Edmonton, Alberta, Canada.
What does instaMek do?
instaMek is an online marketplace that allows car owners to book and pay automotive repair services at home or workplace. Pricing is based on the repair required and make model of the car. All mechanics are certified, insured and specialized in all makes and models. Claims to have serviced over 2500 cars within one year of operations. Part of Startup Edmonton incubator program.
Who are the top competitors of instaMek?
instaMek's top competitors include Fiix, CrashBay and GlassMasters autoglass.
What products or services does instaMek offer?
instaMek offers Brake Services, Car Battery Replacement, Engine Repair, Pre-Purchase Inspection, and Tire Swap Services.
How many acquisitions has instaMek made?
instaMek has made 1 acquisition, including WrenchPatrol.
Who are instaMek's investors?
instaMek has 1 investor. Key investors include Startup Edmonton.