AutoLeap Raises $30M in Series B Funding

AutoLeap, a Toronto, Canada-based provider of auto repair shop management software, raised $30M in Series B funding.

The round was led by Advance Venture Partners with participation from existing investors Bain Capital Ventures and Threshold Ventures.

The company intends to use the funds to accelerate growth, and enhance its product and customer service.

Co-founded by CEOs Steve Lau and Rameez Ansari, AutoLeap provides a cloud-based auto repair management software platform that allows shop owners understand, manage and grow their business, from scheduling appointments to managing technicians and generating invoices.

Customers include Steve & Sons Auto Repair in Melbourne, Florida, among others.

FinSMEs

11/04/2023