About Towgrace
Towgrace is a company based in San Jose (United States) founded in 2019.. Towgrace has raised $20 thousand across 1 funding round from investors including Techstars. Towgrace offers products and services including Towgrace Platform, Towing Marketplace, and Quoting Tool. Towgrace operates in a competitive market with competitors including Guardian Fleet Services, Curbside SOS, ShiftLock, Direct Towing and RoadOne San Diego, among others.
- Headquarter San Jose, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
- Legal Name Syndafy 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
$20 K (USD)
in 1 rounds
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Latest Funding Round
$20 K (USD), Seed
Jun 01, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Towgrace
Towgrace offers a comprehensive portfolio of products and services, including Towgrace Platform, Towing Marketplace, and Quoting 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.
Software for towing businesses to handle quoting and tracking
Platform for booking and managing roadside assistance services
Tool for quick price quotes and customer engagement
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Funding Insights of Towgrace
Towgrace has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2022. 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 — $20,000
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First Round
First Round
(01 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Towgrace | Valuation | Techstars |
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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 Towgrace
Towgrace has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. 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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Startups are accelerated globally without sector restrictions through structured programs.
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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 Towgrace
| 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 - Towgrace
| 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 |
Towgrace Comparisons
Competitors of Towgrace
Towgrace 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 Guardian Fleet Services, Curbside SOS, ShiftLock, Direct Towing and RoadOne San Diego, 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 |
Towing, recovery, and transportation services are provided for vehicles.
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| domain | founded_year | HQ Location |
App-based platform that connects local law enforcement to towing companies
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| domain | founded_year | HQ Location |
Mobile app for locating vehicle shift interlock releases for towing tasks.
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| domain | founded_year | HQ Location |
Provides a mobile app for users to find and book towing services efficiently.
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| domain | founded_year | HQ Location |
Provides towing services and online vehicle auctions in San Diego County.
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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 Towgrace
When was Towgrace founded?
Towgrace was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Towgrace located?
Towgrace is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Is Towgrace a funded company?
Towgrace is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2022.
What does Towgrace do?
Towgrace is a technology and internet company that offers fast tow truck service and roadside assistance in the USA. They provide on-demand towing services in various cities, including Denver, Louisville, and Houston. Towgrace aims to simplify the process of getting a towing quote and scheduling a pickup through their user-friendly platform.
Who are the top competitors of Towgrace?
Towgrace's top competitors include Curbside SOS, Guardian Fleet Services and ShiftLock.
What products or services does Towgrace offer?
Towgrace offers Towgrace Platform, Towing Marketplace, and Quoting Tool.
Who are Towgrace's investors?
Towgrace has 1 investor. Key investors include Techstars.