Urgent.ly Raises $7M in Series A Funding

urgentlyUrgent.ly, a Mclean, VA-based on-demand roadside assistance service, raised $7m in Series A funding.

Backers included Allianz Digital Corporate Ventures, Verizon Ventures, and Forté Ventures.

The company intends to use the funds to scale the growth and expansion of its current nationwide operations.

Led by CEO Chris Spanos, Urgent.ly provides an on-demand roadside assistance service with flat-rate pricing and cashless payment (without a subscription or membership fee). Motorists in need of a tow, tire change, fuel delivery, jump start or lock-out service can use Urgent.ly, which also features accident alert detection technology and FamilyView, a tool that allows families and caregivers to track the roadside service of their people from start to finish.
Drivers will also have direct access to the service through its current and future integrations with a broad range of mapping and connected car platforms – including AT&T Drive, Cost2Drive, Dash, DriversEd.com, MapQuest, Mojio, ParkWhiz, TollSmart, Zendrive, Zubie, and others.



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