CrashBay Raises $1.25M in Funding

CrashBay

CrashBay, a Toronto, Canada-based digital marketplace providing collision repair solutions, raised $1.25M in funding.

The round was led by Markd, with participation from other collision and insurance industry investors.

The company intends to use the funds to accelerate product development efforts, ramp up customer acquisition strategies, and expand essential services, solidifying its position as the go-to solution for collision repair needs.

Led by Founder and CEO John Harvey, CrashBay is a digital marketplace specializing in end-to-end collision repair solutions for fleets and carriers. Car owners and carriers can book appointments with shops across North America. Repair shops can list their businesses and access a-la-carte direct repair programs. It also offers customized SaaS solutions, digital payments, and claims services for carrier partners.

FinSMEs

06/04/2024