MobileTechRx

Austin, United States Founded: 2004 • Age: 22 yrs Acquired By asTech
SaaS-driven repair estimation invoicing solution for auto workshops
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About MobileTechRx

MobileTechRx is a company based in Austin (United States) founded in 2004 was acquired by asTech in June 2021.. MobileTechRx has raised $4.3 million across 2 funding rounds from investors including asTech and Silverton Partners. MobileTechRx has completed 1 acquisition, including Claimbot. MobileTechRx offers products and services including Workflow Tool, Marketing Tool, Finance Tool, and Scheduling Tool. MobileTechRx operates in a competitive market with competitors including Mitchell International, AutoLeap, Fullbay, Shopmonkey and Decisiv, among others.

  • Headquarter Austin, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mobitech International Inc
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.2 M (USD), Series A

    Jun 20, 2019

  • Investors
    asTech

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    asTech

    (Jun 15, 2021)

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Products & Services of MobileTechRx

MobileTechRx offers a comprehensive portfolio of products and services, including Workflow Tool, Marketing Tool, Finance Tool, and Scheduling Tool. 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

Manages auto recon jobs and checklists efficiently

Tracks customers and automates marketing messages

Handles payments, accounting, and reporting

Streamlines booking and task scheduling

People of MobileTechRx
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Garrett Vance
VP of Engineering
People
Eric Garves
Co-Founder & CEO
People
Allie Ray
VP of Operations
People
Paul Westmore
Senior Software Engineer (Repairify, Inc)

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Funding Insights of MobileTechRx

MobileTechRx has successfully raised a total of $4.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.2 million completed in June 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 — $4.2M
  • First Round

    (14 May 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2019 Amount Series A - MobileTechRx Valuation Silverton Partners
May, 2015 Amount Seed - MobileTechRx Valuation

investors

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 MobileTechRx

MobileTechRx has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include asTech and Silverton Partners. 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
Investor Description Founded Year Domain Location
Tech companies are funded through venture capital by Silverton Partners.
Founded Year Domain Location
Cloud-based inspections are delivered for automotive repair diagnostics.
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 MobileTechRx

MobileTechRx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Claimbot. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Claims management is handled via chatbot integrations with insurance systems.
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - MobileTechRx

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

Mobiletechrx Comparisons

Employees
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Competitors of MobileTechRx

MobileTechRx 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 Mitchell International, AutoLeap, Fullbay, Shopmonkey and Decisiv, 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
SaaS-driven collision repair and auto workshop management solutions
domain founded_year HQ Location
SaaS-based management software is delivered for auto workshops.
domain founded_year HQ Location
Shop management software is offered for heavy duty workshops.
domain founded_year HQ Location
SaaS management software is delivered for auto repair workshops.
domain founded_year HQ Location
Provider cloud-based SRM solution to manage internal/external service and repair events
domain founded_year HQ Location
Cloud-based ERP software is offered for manufacturing sectors.
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 Mobiletechrx

asTech Acquires Mobile Tech RX
Prnewswire4 years ago

Frequently Asked Questions about MobileTechRx

When was MobileTechRx founded?

MobileTechRx was founded in 2004 and raised its 1st funding round 11 years after it was founded.

Where is MobileTechRx located?

MobileTechRx is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Is MobileTechRx a funded company?

MobileTechRx is a funded company, having raised a total of $4.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on May 14, 2015.

What does MobileTechRx do?

MobileTechRx was founded in 2004 in Austin, United States, within the automotive repair software sector. A SaaS platform is provided for auto technicians specializing in paintless dent repair, mobile paint, rim repair, and bodywork services. Features such as VIN decoding, photo capture, dynamic pricing, estimates, subcontracting, client management, job assignment, and real-time reports are included. The solution is accessible via Android and iOS devices.

Who are the top competitors of MobileTechRx?

MobileTechRx's top competitors include Mitchell International, AutoLeap and Shopmonkey.

What products or services does MobileTechRx offer?

MobileTechRx offers Workflow Tool, Marketing Tool, Finance Tool, and Scheduling Tool.

How many acquisitions has MobileTechRx made?

MobileTechRx has made 1 acquisition, including Claimbot.

Who are MobileTechRx's investors?

MobileTechRx has 2 investors. Key investors include asTech, and Silverton Partners.

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