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Home Funding

SA Auto-tech Startup ServiceMyCar Opens With $311k Seed Funding

by Tobias Pius
6 years ago
in Funding
Reading Time: 2 mins read
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ServiceMyCar - techbuild
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ServiceMyCar has developed an online market place for vehicle maintenance and repairs in South Africa with a takeoff grant of ZAR 5 million ($311,000) in seed funding

The brand came to the fore through the ingenuity of a father and his son Athol and Aidan Quin in January 2019 and opened its doors to the public in August 2020.

ServiceMyCar offers its customers numerous quotations for vehicle repairs and other services from various workshops located in the customer’s area and allows them to book the vehicle in on a selected date at a selected workshop.

It also affords customers the privilege to make informed decisions on which workshop they would opt for to have their vehicle serviced at, providing structure to a previously unstructured marketplace.

Aidan Quin said: “Through many years of motor industry experience we have identified that this is a huge problem for both workshops and customers.

Customers face the challenge of finding a trustworthy, transparent and cost-effective workshop whilst workshops – both franchise and non-franchise – face the challenge of increasing volume, securing bookings and having reliable customer support”

ServiceMyCar’s workshop partner network consists of 70 independent and OEM workshops situated within the Western Cape, with the startup nursing plans to expand to Gauteng and KwaZulu-Natal before the end of 2020.

The ZAR5 million ($311,000) seed funding secured by ServiceMyCar will help Aidan in its expansion and according to him, the family brand plans to raise a Series A round in January 2021 for it to further expand its tentacles nationwide and even beyond.

He said: “We also plan on expanding into the rest of Africa, particularly Nigeria, Botswana, and Namibia. Our focus is then to target other developing economies outside of Africa,”


Featured Image: ventureburn


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