Seattle-based auto startup Wrench is looking to compete with the traditional auto industry by offering a mobile mechanics on-demand. It’s clear that the traditional auto industry is interested in joining.
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mobile mechanic Washington DC Wrench published a report on Wednesday that Bridgestone Americas made a 10 percentage minority stake in the company. The two companies didn’t disclose how much that 10 percent stake is worth. Wrench raised money in an the previous $20 million Series C round, in November 2022.
The 90-year-old Japanese firm Bridgestone is the largest tire maker in the world. It established a greater U.S. presence after it purchased American competitor Firestone in 1988. Bridgestone is best known for its tires, however it also makes other parts and also sells bicycles. It also sponsors sports occasions. Bridgestone has over 2,200 company-owned service shops.
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Bridgestone mobile mechanic Tucson Arizona Bridgestone plans to leverage these complementary services to expand its capabilities in the auto-service industry. Wrench provides on-site auto maintenance service, roadside assistance and detailing of the vehicle, towing and used vehicle inspection.
The two companies are planning to launch partnership offerings for their customers later in the year. Customers can also earn a Wrench referral reward from Bridgestone retail locations as well as use Wrench to schedule appointments at Firestone Complete Auto Care shops.
“With the growing popularity of ecommerce and on-demand services, consumer expectations for car maintenance and car care are changing,” Brian Goldstine, vice president of mobility solutions at Bridgestone Americas, said in an announcement. “Wrench and Bridgestone Americas’ company-owned retail stores and affiliated dealer partners, will result in an unparalleled service platform that gives consumers confidence in their automotive service, with convenience and the ability to adapt.” mobile mechanic Wilmington North Carolina for consumers
Tire Company Bridgestone Invests in Mobile Mechanic Startup
“Wrench offers a technologically-advanced solution pairing convenience with a comprehensive suite of vehicle maintenance, repair and inspections services.” Wrench CEO Ed Petersen announced in a press release. “Our partnership with Bridgestone will aid in the digital transformation of the industry. Both companies will be able improve their customer service offerings and expand our technology and vehicle care expertise in tandem.
