Berlin \u2014 Fixico, Euro\u00adpe\u2019s leading digi\u00adtal car repair plat\u00adform, announ\u00adces a \u20ac5 million expan\u00adsion of its Series A funding round, closing it with a total of \u20ac12 million. The round is led by Auto\u00adtech Venture. All exis\u00adting inves\u00adtors, inclu\u00adding Fin Capi\u00adtal, conti\u00adnue to actively parti\u00adci\u00adpate. In addi\u00adtion, Fixico welco\u00admes Madrid-based Mundi Ventures to its inves\u00adtor base. To date, Fixico has raised a total of \u20ac19.3 million. The new funds will acce\u00adle\u00adrate Fixi\u00adco\u2019s product deve\u00adlo\u00adp\u00adment, streng\u00adthen its presence in Germany and drive its expan\u00adsion in Europe.<\/p>\n
Digi\u00adta\u00adliza\u00adtion boost for the proces\u00adsing of car repairs<\/strong> Fixico provi\u00addes a digi\u00adtal plat\u00adform that makes vehicle damage repair seam\u00adless for drivers, insu\u00adr\u00aders and fleet owners, and enables intel\u00adli\u00adgent match\u00adma\u00adking for diffe\u00adrent types of vehicle damage and suita\u00adble repair shops. The plat\u00adform provi\u00addes a seam\u00adless and much more effi\u00adci\u00adent repair assign\u00adment process. Custo\u00admers can thus quickly and easily iden\u00adtify the best repair shop for their claim, taking into account criti\u00adcal factors such as avai\u00adla\u00adbi\u00adlity, exper\u00adtise and price.<\/p>\n Fixico curr\u00adently works with over 150 leading compa\u00adnies in the fleet, rental, insu\u00adrance and leasing indus\u00adtries. Through a cross-border and unique market\u00adplace network, the plat\u00adform provi\u00addes access to more than 2,500 work\u00adshops. Fixico is curr\u00adently repre\u00adsen\u00adted in six count\u00adries: Germany, the Nether\u00adlands, Belgium, Luxem\u00adbourg, France and South Africa.<\/p>\n \u201cLast year was tough for the auto repair indus\u00adtry. But even in the midst of a global pande\u00admic, Fixico was able to grow by 300%. This Series A round expan\u00adsion gives us enough momen\u00adtum to conti\u00adnue our growth trajec\u00adtory and become the digi\u00adtal leader of the auto repair indus\u00adtry in Europe. In the next quar\u00adter, we will launch in three more Euro\u00adpean count\u00adries: Italy, Austria and Denmark. In all likeli\u00adhood, we will add three to five more count\u00adries to our expan\u00adsion plans after that, with the UK and Spain at the top of our wish list. We are very exci\u00adted to now have Mundi Ventures on board, as they have tremen\u00addous know\u00adledge and access to a vast and cross-border insu\u00adrance and mobi\u00adlity network,\u201d says Derk Rood\u00adhuy\u00adzen de Vries, CEO and co-foun\u00adder of Fixico.<\/p>\n Simon Roth\u00adman beco\u00admes new member of the Execu\u00adtive Board<\/strong> During his time at eBay, Roth\u00adman foun\u00added eBay Motors. Within six years, he built eBay Motors into a global company with annual sales of 14 billion U.S. dollars and made it the worl\u00add\u2019s number one auto\u00admo\u00adtive marketplace.<\/p>\n Simon Roth\u00adman is a long-time angel inves\u00adtor and venture capi\u00adta\u00adlist with a passion for market\u00adplaces and mobi\u00adlity. Roth\u00adman served as an early stage board member at Tesla, Cargu\u00adrus, Convoy and Nuro. He is also an advi\u00adsor and\/or angel inves\u00adtor in successful tech\u00adno\u00adlogy compa\u00adnies such as Lyft, Lime, Getaround, Aurora, Fiverr and Poshmark.<\/p>\n \u201cDuring my time at eBay Motors as well as at Tesla, I perso\u00adnally deve\u00adlo\u00adped a great passion for market\u00adplaces and mobi\u00adlity. It is now a unique oppor\u00adtu\u00adnity to find a company as promi\u00adsing as Fixico, which sits at the inter\u00adsec\u00adtion of the market\u00adplace and the mobi\u00adlity sector. From my perspec\u00adtive, Fixi\u00adco\u2019s use of network dyna\u00admics to connect repair shops with vehicle owners has the poten\u00adtial to funda\u00admen\u00adtally change the auto repair indus\u00adtry,\u201d explains Simon Roth\u00adman as a newly appoin\u00adted member of Fixi\u00adco\u2019s super\u00advi\u00adsory board.<\/p>\n About Fixico<\/strong> About Mundi Ventures<\/strong> Berlin \u2014 Fixico, Euro\u00adpe\u2019s leading digi\u00adtal car repair plat\u00adform, announ\u00adces a \u20ac5 million expan\u00adsion of its Series A funding round, closing it with a total of \u20ac12 million. The round is led by Auto\u00adtech Venture. All exis\u00adting inves\u00adtors, inclu\u00adding Fin Capi\u00adtal, conti\u00adnue to actively parti\u00adci\u00adpate. In addi\u00adtion, Fixico welco\u00admes Madrid-based Mundi Ventures to its investor [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":37020,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1371,1373],"tags":[],"class_list":["post-43436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-deals-en","category-venture-capital-en","news-category-venture-capital-news"],"yoast_head":"\n
\nFixico is a fast-growing and award-winning Dutch tech company that aims to rede\u00adfine the auto repair indus\u00adtry. In this field, which reflects a 120 billion euro market in Europe alone, time seems to have stood still and disrup\u00adtion is long over\u00addue. The repair process is time-consum\u00ading, inef\u00adfi\u00adci\u00adent, and invol\u00adves nume\u00adrous phone calls, emails, and physi\u00adcal inspec\u00adtions that are always the same \u2014 no matter what type of damage or vehicle is invol\u00adved. Howe\u00adver, modern vehic\u00adles are beco\u00adming more and more tech\u00adni\u00adcally sophisti\u00adca\u00adted, making repairs more complex. Not every work\u00adshop can do that. It ther\u00ade\u00adfore takes a tail\u00ado\u00adred approach to find the right workshop.<\/p>\n
\nUpon comple\u00adtion of the finan\u00adcing round, Simon Roth\u00adman will be appoin\u00adted to Fixi\u00adco\u2019s Super\u00advi\u00adsory Board. Roth\u00adman is known as an early pioneer of online market\u00adplaces and network effect compa\u00adnies. He joined eBay when it was still a small U.S. auction house for coll\u00adec\u00adti\u00adbles and helped scale the company to nearly 200 million users and gene\u00adrate more than $40 billion in annual revenue.<\/p>\n
\nFixico (https:\/\/fixico-business.com\/de) is Euro\u00adpe\u2019s leading repair manage\u00adment plat\u00adform for car damage. Since its foun\u00adding in 2014 by Derk Rood\u00adhuy\u00adzen de Vries, the portal has helped car owners and busi\u00adness part\u00adners quickly and conve\u00adni\u00adently find the ideal repair shop for their car and save on repair costs. Fixico thus digi\u00adti\u00adzes and simpli\u00adfies the entire repair manage\u00adment process for fleet, car rental, insu\u00adrance and leasing compa\u00adnies. Working with over 150 leading compa\u00adnies and a network of more than 2,500 master craft\u00adsmen, the Dutch company offers stress-free, fast repairs and compe\u00adti\u00adtive prices. More than 200,000 claims have alre\u00adady been sett\u00adled via the compa\u00adri\u00adson plat\u00adform throug\u00adhout Europe. The 60-strong team alre\u00adady enables hundreds of compa\u00adnies \u2014 inclu\u00adding part\u00adners such as Lease\u00adPlan, AXA, Avis, Sixt and Aon \u2014 to handle car repairs more effi\u00adci\u00adently and cost-effec\u00adtively in 6 count\u00adries (Germany, the Nether\u00adlands, Belgium, Luxem\u00adbourg, France and South Africa) and conti\u00adnues to expand across Europe. Fixico is supported by a group of leading investors.<\/p>\n
\nMundi Ventures is a venture capi\u00adtal firm that invests prima\u00adrily in tech\u00adno\u00adlogy-based compa\u00adnies with B2B busi\u00adness models during the A or B round. The VC\u2019s head\u00adquar\u00adters are loca\u00adted in Madrid. There are bran\u00adches in Barce\u00adlona, London and Seattle.<\/p>\n","protected":false},"excerpt":{"rendered":"