Morgan Hill, United States
Shopmonkey is a cloud-based, all-in-one auto repair shop management platform that allows shop owners to streamline their workflows and better understand their business. It is designed to modernize the entire auto repair shop process from customer service, to parts inventory, to workflow management, and more. Used across the full spectrum of auto repair service specialties, including general auto, tire and wrap, and detail, Shopmonkey is headquartered in Silicon Valley and trusted by more than 3,500 auto shops across the U.S. and Canada. With a team of 200+ members worldwide, the company is on a mission to modernize the auto repair industry.
Since its founding in 2016, Shopmonkey has received significant attention from investors. In its Series C investment round on 15 July 2021, the company secured an impressive $75.00M investment. The funding came from a consortium of leading venture capitalists including Bessemer Venture Partners, Headline, I2BF Global Ventures, Index Ventures, Iconiq Growth, K5 Global, and Aurum Partners.
Shopmonkey's dedication to transforming the auto repair industry, along with its substantial backing, positions it as a noteworthy player in the Cloud Infrastructure, Information Technology, SaaS, and Automotive industries. As the company continues to grow and expand its reach, it presents an intriguing opportunity for Venture Capitalists seeking investment prospects within these sectors.
