About Spiffy
Spiffy is a company based in Charlotte (United States) founded in 2014 by Karl Murphy. It operates as a SaaS (Software-as-a-Service), and Managed Services. Spiffy has raised $90.76 million across 8 funding rounds from investors including Shell, MANN + HUMMEL and NC State University. Spiffy has completed 6 acquisitions, including Mobile Detail Doctor, NuVinAir and Pit Crew. Spiffy offers products and services including Mobile 360™ Software, Mobile Van Upfit, Integrated Tools, and Training & Playbooks. Spiffy operates in a competitive market with competitors including EverWash, Way, Tommy's Express, Zips Car Wash and Splash Carwash, among others.
- Headquarter Charlotte, United States
- Founders Karl Murphy
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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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- Legal Name Get Spiffy, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$90.76 M (USD)
in 8 rounds
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Latest Funding Round
$30 M (USD), Series C
Feb 15, 2023
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Investors
Shell
& 20 more
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Employee Count
Employee Count
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Investments & Acquisitions
Mobile Detail Doctor
& 5 more
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Products & Services of Spiffy
Spiffy offers a comprehensive portfolio of products and services, including Mobile 360™ Software, Mobile Van Upfit, Integrated Tools, and Training & Playbooks. 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.
Software for managing mobile service operations and scheduling.
Customized vans delivered for mobile service operations.
Proprietary devices enhancing mobile service efficiency and sales.
Guides and training for mobile service operation success.
Funding Insights of Spiffy
Spiffy has successfully raised a total of $90.76M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in February 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 8
- Last Round Series C — $30.0M
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First Round
First Round
(20 May 2016)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series C - Spiffy | Valuation | Edison Partners | |
| Mar, 2022 | Amount | Series B - Spiffy | Valuation | Edison Partners |
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| Oct, 2021 | Amount | Series B - Spiffy | Valuation | Tribeca Venture Partners |
| 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 Spiffy
Spiffy has secured backing from 21 investors, including venture fund and institutional investors. Prominent investors backing the company include Shell, MANN + HUMMEL and NC State University. 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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Provider of a growth equity firm for adaptive and personalized plans
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Founded Year | Domain | Location | |
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Early-stage venture capital is provided for B2B software founders.
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Founded Year | Domain | Location | |
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Tech & Life Sciences focused VC firm investing in early & seed stage startups in the US
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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 Spiffy
Spiffy has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Mobile Detail Doctor, NuVinAir and Pit Crew. 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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Car washing services are provided to vehicle owners in Cary.
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2020 | ||||
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Automotive aftermarket accessories are manufactured by Pit Crew.
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2018 | ||||
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Automobile detailing and paint protection services are provided.
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2017 |
| 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
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Spiffy
| 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 |
Spiffy Comparisons
Competitors of Spiffy
Spiffy 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 EverWash, Way, Tommy's Express, Zips Car Wash and Splash Carwash, 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 |
Car washing services are booked via an online platform.
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| domain | founded_year | HQ Location |
App-based platform to find car parking, auto insurance & car wash services
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| domain | founded_year | HQ Location |
App-based booking of car washing and detailing services is facilitated.
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| domain | founded_year | HQ Location |
Car washing services are booked via an online subscription platform.
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| domain | founded_year | HQ Location |
Provider of car washing services
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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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Latest news on Spiffy
Frequently Asked Questions about Spiffy
When was Spiffy founded?
Spiffy was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Spiffy located?
Spiffy is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of Spiffy?
Karl Murphy is the current CEO of Spiffy. They have also founded this company.
Is Spiffy a funded company?
Spiffy is a funded company, having raised a total of $90.76M across 8 funding rounds to date. The company's 1st funding round was a Series B of $22.63M, raised on May 20, 2016.
What does Spiffy do?
Spiffy is established as a comprehensive mobile service platform targeting the automotive sector. Services are provided to auto shops, dealers, and businesses with fleets, including Class 3-8 trucks. Solutions encompass digital servicing software, van upfit devices, and integrated tools like Easy Tread. Training and playbooks are offered to ensure operational success. The platform is designed to address challenges such as limited bay space and operational complexity, enabling rapid launch and scalability of mobile services for dealers and OEMs.
Who are the top competitors of Spiffy?
Spiffy's top competitors include Way, EverWash and Tommy's Express.
What products or services does Spiffy offer?
Spiffy offers Mobile 360™ Software, Mobile Van Upfit, Integrated Tools, and Training & Playbooks.
How many acquisitions has Spiffy made?
Spiffy has made 6 acquisitions, including Mobile Detail Doctor, NuVinAir, and Pit Crew.
Who are Spiffy's investors?
Spiffy has 21 investors. Key investors include Shell, MANN + HUMMEL, NC State University, Trinity Cap, and Edison Partners.
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