Seattle-based auto startup Wrench is a Seattle-based startup that is looking to compete with the traditional auto-care industry with its fleet of on-demand mobile mechanics. Now it’s looking like the traditional auto industry wants to join in.
Mobile Auto Repair Mechanics
mobile mechanic Washington DC On Wednesday, Wrench announced that Bridgestone Americas has made a 10 percent minority stake in the business. The companies did not reveal the value of the 10 percent stake is worth. Wrench previously raised funding in a $20 million Series C round in the month of November 2022.
The 90-year old Japanese firm Bridgestone is the biggest tire maker in the world, having established an expanded U.S. presence after it bought American rival Firestone in 1988. Bridgestone is best known for its tires but it also manufactures other parts and also sells bicycles. It also sponsors sports occasions. Bridgestone has over 2,200 company-owned service shops.
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Bridgestone mobile mechanic Tucson Arizona Bridgestone plans to make use of these services in conjunction to increase its presence in the auto-service sector. The announcement specifically highlights Wrench’s automotive maintenance on-site roadside and towing services, vehicle detailing and used-vehicle inspection services..
Both companies will announce partnership offers to customers in the second half of this year. Additionally, you can earn an Wrench referral reward from Bridgestone retail stores, and you can use Wrench to schedule appointments with Firestone Complete Auto Care shops.
Brian Goldstine of Bridgestone Americas‘ mobility solutions, stated in an announcement that “consumer preference for car maintenance are changing due to the rise of the Internet and the availability of on-demand services.” “Wrench, combined with our corporate-owned retail stores as well as affiliated dealer partners, will result in a truly world-class service platform that offers consumers trusted automotive service with added convenience and flexibility.” mobile mechanic Wilmington North Carolina for consumers
Bridgestone Tire Company invests in Mobile Mechanic Startup
“Wrench is a cutting-edge solution that offers convenience and an array of comprehensive vehicle maintenance, repair, and inspection services.” Wrench CEO Ed Petersen stated in a statement. Our partnership with Bridgestone will enable us to accelerate the digital transformation of the industry. Both firms will be able enhance their customer offerings and grow our knowledge of technology and car care in tandem.