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AutoLeap Raises $30M in Collection B to Remodel Aftermarket Auto Restore Business, Canadian Enterprise Journal

TORONTO, April 11, 2023 (GLOBE NEWSWIRE) — TORONTO, ON —

TORONTO, April 11, 2023 – AutoLeap, an all-in-one auto storage administration software program, raises Collection B funding led by Advance Enterprise Companions (AVP), which incorporates current buyers Bain Capital Ventures and Threshold Ventures. Raised $30 million. The funding will probably be used to proceed AutoLeap’s modernization of the auto restore trade because it goals to proceed to boost its best-in-class merchandise and supply excellent customer support.

“The auto restore market has not benefited from know-how for too lengthy. Over the previous few years, we have now been working with the newest know-how to assist storage house owners save time and simplify their operations. We’ve continued our journey to modernize the trade, and finally drive retailer progress,” mentioned Rameez Ansari, co-founder and co-CEO of AutoLeap. “This new funding will allow us to offer current and new prospects with world-class customer support and lead the auto restore trade into his twenty first century by way of best-in-class know-how.”

With a mission of “Constructing Belief, Saving Time, and Driving Development”, AutoLeap achieved early success within the auto restore trade, making AutoLeap the #1 ranked auto restore software program and Stevie AutoLeap in 2022. as your favourite new software program.

AutoLeap has remodeled our prospects by way of huge productiveness positive aspects, time financial savings, and elevated income. “Since signing with AutoLeap, we have now lowered the time spent on administrative duties by greater than 40%. This permits us to service extra autos and generate extra revenue.” mentioned Steve Rodriguez of Steve & Sons Auto Restore in Melbourne, Florida, a loyal AutoLeap buyer. Like many AutoLeap prospects, Steve experiences having the ability to spend extra time with household and family members as a substitute of spending nights and weekends doing paperwork within the store.

“The influence we have now had on our prospects has been heartwarming and unbelievable to see. We’re impressed day-after-day by the extraordinarily optimistic suggestions from the market. mentioned Steve Lau, Co-Founder and Co-CEO of Bain Capital Ventures. and Threshold for his or her continued assist.”

About autoleap

AutoLeap gives all-in-one, cloud-based auto restore administration software program that helps retailer house owners higher perceive, handle, and develop their enterprise, from scheduling appointments to managing technicians to creating invoices. Provides. The perfect auto restore retailers select AutoLeap as a result of they save time and make more cash.

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To study extra about AutoLeap, contact the corporate right here.

autoleap
autoleap
855 560 0088
[email protected]
199 Bay St. #4000, Toronto, ON M5L 1A9, Canada


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AutoLeap Raises $30M in Collection B to Remodel Aftermarket Auto Restore Business, Canadian Enterprise Journal

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