Tag Archives: funding

LiveNinja secures $2 million in funding

Commentary
In the last couple of years, messaging apps have started to surpass social networks when it comes to where people spend most of their time. Today, messaging apps are a potent channel not just for daily communication, but for commerce as well. Customer chat is now a hot space, with chatbots slowly taking over humans in areas like customer service, marketing and secretarial work. However, most businesses still require that extra level of human support, and this is where LiveNinja comes in. LiveNinja aims to humanise the way individuals interact online. It offers companies a live customer platform, which allows brands to give their customers a personalised, enjoyable, face-to-face experience directly on their website or via the in-store experience with its video kiosk. Yesterday, LiveNinja announced it has secured another $2 million. The capital will be used to combine live web chat and messaging on its platform.

You can read about the funding here.

YourMechanic raises $24M in funding

Commentary

The 2012 winner of TechCrunch Disrupt and Palo Alto’s top peer-to-peer car repair marketplace raised $24 million in funding from a consortium of investors. This brings the company’s total financing to $32 million. YourMechanic plans to use its new capital to expand its service to the rest of the United States and Canada. The company launched in 2012 and it allows car owners to review profiles of reputable mechanics and get instant quotes for their services. The site offers hundreds of services, including oil changes, brakes, belts, heating and A/C, manufacturer-scheduled maintenance and diagnostics, and all services are done at the car owner’s home or office. Compared to traditional repair shops, YourMechanic’s system allows its mechanics to earn more, enjoy a flexible schedule and build a direct relationship with car owners. In turn, car owners will not only have access to car experts but they can also compare quotes and get the best possible rates.

You can read about the funding here.