Goodhood, an Ann Arbor, MI-based subscription-based tech company for the auto maintenance and repair industry, raised $2.6M in Seed funding.
The round was led by Bullish with participation from existing investors Okapi Capital and Mucker Capital. New investors included New Age Ventures, Kubera Venture Capital, and Impact Ventures, as well as other executives as angels.
The company intends to use the funds to develop its technology and operations, including launching a new Auto Club subscription service and expanding into new geographies nationally.
Led by Prashant Salla, Founder and CEO, Goodhood connects car owners to mechanics for at-home maintenance and repairs. A monthly subscription allows users to browse, book, and manage service appointments through the platform. Its Auto Club’s mobile app is designed to make car ownership more convenient and affordable. Future plans for the Auto Club include the addition of roadside assistance and insurance services.
Goodhood serves customers across Michigan, Texas, and Arizona.
FinSMEs
12/10/2023