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ForeverCar logo — Experience hassle-free car repair management with A+ rated s...

ForeverCar

Experience hassle-free car repair management with A+ rated service plans and full customer concierge treatment.

Founded 2011 Venture round Total: $25.49M E-Commerce, Internet +2

General Information

Company Name ForeverCar
Founded Year 2011
Industries E-Commerce, Internet, Platforms +1
Funding Stage Venture round
Social

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About ForeverCar

ForeverCar is a platform offering comprehensive solutions to simplify the car repair experience for consumers. From vehicle service plans to a full concierge approach throughout the customer journey, ForeverCar alleviates the stress associated with auto repairs. Our services are available directly to consumers via www.forevercar.com, and we employ a B2B2C strategy through partnerships with companies like Liberty Mutual and CUNA Mutual Group. As a vertically integrated solution, we handle every aspect of customer interaction, from shopping and purchasing to paying and utilizing services, including submitting and tracking claims for vehicle service plans. With an A+ rating from the Better Business Bureau, over 600 positive reviews, and recognition with the 2016 Chicago Innovation Award, our commitment to customer satisfaction is clearly demonstrated. The startup was founded in 2011 and operates within the industries of E-Commerce, Internet, Platforms, and Automotive. The last investment was a substantial $3.49M Venture Round investment on 23 May 2018, with the details of the investing entity currently undisclosed.

Taxonomy: auto repair management, customer concierge, A+ rated service plans, vehicle service plans, B2B2C strategy, convenience, Better Business Bureau A+ rating, Chicago Innovation Award, consumer-focused, partnerships, seamless car repair experience

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $3.49M -
23 May 2018
Debt Financing $12.00M 4
Method Capital
Method Capital, Jai Shekhawat +2
05 Sep 2017
Series A $10.00M 3
Method Capital
Method Capital, TruStage Ventures +1
25 Oct 2016

ForeverCar Alternatives & Competitors

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ForeverCar vs
Auto Genie
Auto Genie

On-demand car repairs. Mechanics at doorstep.

Seed
4 employees
Internet, Platforms
ForeverCar vs
Openbay
Openbay United States

Openbay: award-winning online marketplace for auto repair & maintenance services, and provider of su...

Series A
19 employees
Internet, Marketplaces
ForeverCar vs
AutoPair, Inc.
AutoPair, Inc. United States

Connect, Save, Drive Smarter

Seed
1 employees
E-Commerce, IoT
View all alternatives

FAQ About ForeverCar

Experience hassle-free car repair management with A+ rated service plans and full customer concierge treatment.
ForeverCar was founded in 2011.
ForeverCar operates in E-Commerce, Internet, Platforms and Automotive. Its work centres on auto repair management, customer concierge, A+ rated service plans and vehicle service plans.
ForeverCar has completed 3 funding rounds, raising a total of $25.49M. The latest funding stage is Venture round.
Top alternatives and competitors to ForeverCar include Auto Genie , Openbay, AutoPair, Inc., Gordon Chevrolet. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ForeverCar and Auto Genie are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ForeverCar, https://bouncewatch.com/company/forevercar, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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