About Otobots
Otobots is a company based in Rolling Meadows (United States) founded in 2015 by Thomas Simon and Kuruvilla Simon was acquired by Wrench in September 2018.. Otobots has raised $125 thousand across 1 funding round from investors including Wrench. Otobots offers products and services including Mobile Repair Service, Towing and Roadside Assistance, and Diagnostic Service. Otobots operates in a competitive market with competitors including YourMechanic, CarDash, Caliber, ServiceUp and Goodhood, among others.
- Headquarter Rolling Meadows, United States
- Founders Thomas Simon, Kuruvilla Simon
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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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- Legal Name Wrench, Inc.
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Products & Services of Otobots
Otobots offers a comprehensive portfolio of products and services, including Mobile Repair Service, Towing and Roadside Assistance, and Diagnostic Service. 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.
On-site maintenance and repairs for cars and trucks
Immediate help for flat tires and battery issues
Checks for vehicle problems and provides quotes
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Funding Insights of Otobots
Otobots has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in July 2015. 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 — $125,000
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First Round
First Round
(03 Jul 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Seed - Otobots | Valuation |
investors |
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| 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 Otobots
Otobots has secured backing from 1 investor. Prominent investors backing the company include Wrench. 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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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 Otobots
| 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 - Otobots
| 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 |
Otobots Comparisons
Competitors of Otobots
Otobots 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 YourMechanic, CarDash, Caliber, ServiceUp and Goodhood, 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 |
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 |
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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| domain | founded_year | HQ Location |
Mobile auto repair services are provided by certified mechanics.
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| domain | founded_year | HQ Location |
Mobile tire installation and repair services are offered onsite.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Otobots
When was Otobots founded?
Otobots was founded in 2015.
Where is Otobots located?
Otobots is headquartered in Rolling Meadows, United States. It is registered at Rolling Meadows, Illinois, United States.
Is Otobots a funded company?
Otobots is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jul 03, 2015.
What does Otobots do?
Founded in 2015 in Rolling Meadows, United States, Otobots operates as an online marketplace in the automotive repair sector. Car owners submit requests with vehicle details, after which quotes are provided. Accepted quotes lead to mobile mechanics arriving at the users home or office with necessary tools for maintenance and repair services. The platform facilitates convenient, on-site auto care.
Who are the top competitors of Otobots?
Otobots's top competitors include ServiceUp, CarDash and YourMechanic.
What products or services does Otobots offer?
Otobots offers Mobile Repair Service, Towing and Roadside Assistance, and Diagnostic Service.
Who are Otobots's investors?
Otobots has 1 investor. Key investors include Wrench.
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