Having car troubles?
Whether you’ve got worn-down brake pads or just need a standard oil change, even simple car maintenance can turn into a major headache when you don’t know which automotive service provider to turn to.
Lucky for you, there’s Openbay, an online marketplace for automotive repair and services, which just raised an $8 million Series A round to make your next trip to the mechanic smoother than ever.
“Consumers expect their interactions across websites, social platforms, mobile and messaging apps to be engaging and interactive,” said Rob Infantino, founder and CEO of Openbay, in a statement. “This requires natural-language processing, machine learning and predictive analytics. With fresh capital and depth of the resources our strategic and global investors bring to Openbay, the company is now well positioned to grow and expand its offering globally.”
Founded in 2012, Cambridge-based Openbay provides an online marketplace that helps consumers find car service providers, compare price quotes for services and make transactions for services.
The financing, which was led by Shell Ventures LLC with participation from existing investor Stage 1 Ventures, will be used to bring to market artificial intelligence-enabled solutions for businesses that provide car repair services, as well as to grow Openbay’s presence in new and existing markets.
“Openbay’s vision has not changed since its inception; fundamentally improve the experience for automotive repair and services for consumers, and the way that automotive care businesses acquire and service customers,” said Infantino in the statement.
