When was MicroMech founded?

MicroMech was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is MicroMech located?

MicroMech is headquartered in Calgary, Canada.

Is MicroMech a funded company?

MicroMech is a funded company, having raised a total of $1.2M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 24, 2017.

When was the latest funding round of MicroMech?

MicroMech's latest funding was a $***** Seed round on 2018, with participation from 1 investor.

Where does MicroMech rank among its competitors?

MicroMech ranks 11th amongst 60 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was CrashBay, which secured $1.25M in Apr, 2024.

Who are the top competitors of MicroMech?

MicroMech's top competitors include Fiix, CrashBay and GlassMasters autoglass. Among them, CrashBay secured the most recent funding round in April, 2024.

MicroMech - 2026 Company Profile, Funding & Competitors

MicroMech is a deadpooled company based in Calgary (Canada), founded in 2015. It operates as an On-demand auto repair services. MicroMech has raised $1.2M in funding from Praxis. The company has 60 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like Fiix, CrashBay and GlassMasters autoglass.

Company Details

MicroMech offers on-demand auto repair and maintenance services at home or office. The online platform provides a free fixed-price quote up front and offers a 'come to you' service based on the user's preferred choice of time and location. It claims to offer more than 300 services for various makes & models including oil & filter change, alternator replacement, engine light diagnostics, scheduled maintenance, and others. All its services are backed by a 12 month or 20,000 km service guarantee and claims that its services save users up to 30% over the local shops.

Website: micromech.net
Social
Email ID: *****@micromech.net
Phone Number: +1 **********

Key Metrics

Founded Year

2015

Location

Calgary, Canada

Stage

Deadpooled

Total Funding

$1.2M in 2 rounds

Latest Funding Round

Seed, 2018, $*****

Investors

Praxis & 1 more

Ranked

11^th among 60 active competitors

Similar Companies

ServiceUp & 430 more

View MicroMech's full profile

MicroMech has raised a total funding of $1.2M over 2 rounds. Its first funding round was on Apr 24, 2017. Its latest funding round was a Seed round on 2018 for $*****. 1 investor participated in its latest round. MicroMech has 2 institutional investors.

Here is the list of recent funding rounds of MicroMech:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2018	6754	Seed	3953	4979	1118	6573
Apr 24, 2017	8863872	Seed	6142240	5376253	3881185	4244006

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Top competitors of MicroMech include Fiix, CrashBay and GlassMasters autoglass. Here is the list of Top 10 competitors of MicroMech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fiix 2016, Toronto (Canada), Acquired	Online on-demand automotive repair service	$1.85M	Javelin Venture Partners, Ramen Ventures & 7 others	38/100
2nd	CrashBay 2019, Milton (Canada), Seed	Online platform that aggregates automotive workshops	$1.25M	Markd	37/100
3rd	GlassMasters autoglass 2001, Airdrie (Canada), Acquired	Offers repair services	-	Fort McKay, First West Credit Union	31/100
4th	Master Mechanic 1982, Toronto (Canada), Acquired	Provider of vehicle maintenance services	-	-	30/100
5th	GoWrench Auto 2013, Hamilton (Canada), Seed	Online marketplace for on-demand car diagnosis & maintenance services	$408K	The Forge, Ontario Centre of Innovation & 3 others	27/100
6th	Go Oil 2017, Winnipeg (Canada), Funding Raised	Provider of mobile vehicle maintenance services, including oil and tire changes	-	LOI Venture & 1 others	26/100
7th	WeeL 2015, Toronto (Canada), Seed	Provider of an online booking platform for automotive repair services	$556K	Canada Tire	25/100
8th	WrenchPatrol 2012, Vancouver (Canada), Acquired	Automobile maintenance provider	-	-	25/100
9th	MyShop 2016, Oakville (Canada), Unfunded	Online platform to aggregate garages for automotive maintenance/repair services	-	-	24/100
10th	AutoRepairio 2016, Toronto (Canada), Unfunded	On-demand marketplace for auto repairs	-	-	24/100
11th	MicroMech 2015, Calgary (Canada), Deadpooled	On-demand auto repair services	$1.2M	Praxis, PIC Investment Group	24/100