Wrench - About the company
Wrench is a series C company based in Seattle (United States), founded in 2016 by Edward Petersen, Michelle Parsons Virta, Casey Willis, Doug Stevens and William Beaver. It operates as an App-based platform to book on-demand auto maintenance & repair services. Wrench has raised $77.2M in funding from investors like Madrona, Tenaya Capital and Vulcan Capital. The company has 222 active competitors, including 18 funded and 25 that have exited. Its top competitors include companies like ServiceUp, Openbay and RepairPal.
Company Details
App-based platform to book on-demand auto maintenance & repair services. It offers solutions via a fleet of mobile mechanics. Offers a range of services such as oil change, engine inspection, product installation, and brake repairs, among others. The mobile application is available for Android & iOS devices.
- Website
- wrench.com
- Email ID
- *****@wrench.com
- Phone Number
- +1 **********
- Registered Address
- Seattle, Washington
Key Metrics
Founded Year
2016
Location
Seattle, United States
Stage
Series C
Total Funding
$77.2M in 6 rounds
Latest Funding Round
Ranked
2nd among 222 active competitors
Employee Count
107 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Wrench
Wrench is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WRENCH INDIA TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2020FTC131802 , India, Active | Jan 22, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | 1 (As on Jun 30, 2024) | |
WRENCH, INC. CIN: 810926250 , United States, Active | Dec 26, 999 | - | 68 (As on Dec 31, 2024) | - |
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Wrench's funding and investors
Wrench has raised a total funding of $77.2M over 6 rounds. Its first funding round was on Jun 21, 2016. Wrench has 8 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Wrench:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 07, 2023 | 9818581 | Series C | 1810490 | 2446610 | 6340182 | 8881076 |
Sep 15, 2021 | 6340964 | Series C | 3752951 | 6403803 | 1333880 | |
Nov 07, 2019 | 1862051 | Series C | 8518326 | 8503621 |
View details of Wrench's funding rounds and investors
Wrench's founders and board of directors
Founder? Claim ProfileThe founders of Wrench are Edward Petersen, Michelle Parsons Virta, Casey Willis, Doug Stevens and William Beaver. Edward Petersen is the CEO of Wrench.
Here are the details of Wrench's key team members:
- Edward Petersen: Co-Founder & CEO of Wrench. They serve on the board of 1 company.Contact Info: 1 email address
- Michelle Parsons Virta: Co-Founder of Wrench and founder of 1 other company. Contact Info: 2 email addresses
- Casey Willis: Co-Founder of Wrench. Contact Info: 2 email addresses
- Doug Stevens: Co-Founder & CTO of Wrench. Contact Info: 2 email addresses
- William Beaver: Co-Founder & COO of Wrench and founder of 1 other company. Contact Info: 2 email addresses
Wrench's Board of Directors
Wrench's board has 10 active members. Ben Boyer, Edward Petersen, Len Jordan, Douglas Stevens, Samir Mehta, Michelle Virta, William Beaver, Ryan McGavran, Daniel Casey Willis and Scott Nagel are independent board members.Here is the list of Wrench's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 4y 2m | |
oqouysb | Independent board member | - | Current | 8y 9m |
gtymnyg | Independent board member | - | Current | 4y 9m |
ncnqnvw | Independent board member | - | Current | 9y 3m |
nqmzkfa | Independent board member | - | Current | 1y 5m |
tcf{rak | Independent board member | - | Current | 3y 7m |
fcovjzo | Independent board member | - | Current | 4y 5m |
xobyqjs | Independent board member | - | Current | 3y 1m |
gqoihaa | Independent board member | - | Current | 6y 9m |
azripdm | Independent board member | - | Current | 1y 3m |
View details of Wrench's Founder profiles and Board Members
Wrench's employee count trend
Wrench has 107 employees as of Aug 26. Here is Wrench's employee count trend over the years:
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Wrench's Competitors and alternates
Top competitors of Wrench include ServiceUp, Openbay and RepairPal. Here is the list of Top 10 competitors of Wrench, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ServiceUp 2020, Los Gatos (United States), Series B | Provider of car engine repairing and maintenance and replacement services | $70M | 65/100 | |
2nd | Wrench 2016, Seattle (United States), Series C | App-based platform to book on-demand auto maintenance & repair services | $77.2M | 60/100 | |
3rd | Openbay 2012, Cambridge (United States), Series A | Online platform connecting vehicle owners with multiple local auto service professionals | $8M | 60/100 | |
4th | RepairPal 2007, Emeryville (United States), Acquired | Online estimates for auto repair | $38.2M | 60/100 | |
5th | WhoCanFixMyCar 2011, Newcastle Upon Tyne (United Kingdom), Acquired | Online auto repair marketplace | $7.25M | 56/100 | |
6th | YourMechanic 2011, Mountain View (United States), Acquired | Mobile car repair platform that provides on-demand vehicle maintenance and repair services | $50.8M | 56/100 | |
7th | Caliber 1997, Lewisville (United States), Acquired | Provider of auto & glass repair and fleet services | - | 51/100 | |
8th | Zippity 2015, Boston (United States), Series A | An online platform that provides on-site car repair and maintenance services | $12.3M | 48/100 | |
9th | CarAdvise 2016, Chicago (United States), Seed | Online automotive garage aggregator | $200K | 46/100 | |
10th | RepairSmith 2018, Los Angeles (United States), Acquired | Online platform offering on-demand car repair & maintenance services | $42M | 46/100 |
Looking for more details on Wrench's competitors? Click here to see the top ones
Wrench's Investments and acquisitions
Wrench has not made any investments yet. Wrench has made 4 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 02, 2022 | Acquisition | 2011 | Mountain View (United States) | |
Sep 15, 2020 | Acquisition | 2010 | Pequot Lakes (United States) | |
Oct 01, 2019 | Acquisition | 2016 | Toronto (Canada) |
See all acquisitions by Wrench
Reports related to Wrench
Here is the latest report on Wrench's sector:
News related to Wrench
Media has covered Wrench for 1 event in last 1 year, It was about partnerships.
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GWC Warranty Selects Wrench as a Preferred Facility Repair PartnerGlobeNewswire•Nov 29, 2021•GWC Warranty, Wrench
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Bridgestone invests in US mobile service & tech firmTyrepress•Sep 20, 2021•Bridgestone Americas, Wrench, Bridgestone
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Kandi America Partners with Wrench to Offer Luxury Mobile Repair Service for Electric VehiclesBusiness Wire•Aug 13, 2020•Kandi America, Wrench
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