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Mobile Tech RX has raised $4.0M across 1 funding round.
Key people at Mobile Tech RX.
Mobile Tech RX has raised $4.0M in total across 1 funding round.
Mobile Tech RX provides a specialized business management software platform for auto reconditioning professionals. This integrated solution streamlines operations, offering tools for workflow optimization, marketing, customer relationship management, and financial oversight. Its features include VIN scanning, custom checklists, automated scheduling, and payment processing, all designed to enhance user efficiency and profitability.
Co-founded in 2014 by Eric Garves and Daimen Simmons, the company emerged from their direct experience as owners of a Paintless Dent Repair (PDR) business. This firsthand understanding of the industry's manual processes and specific challenges informed their decision to develop a dedicated technological solution for growth.
Mobile Tech RX serves auto reconditioning businesses, including detailing, PDR, glass, and wheel repair specialists. The company's vision is to equip these service providers with advanced, tailored technology, enabling them to elevate professional standards, improve customer experiences, and achieve sustained operational excellence.
Mobile Tech RX has raised $4.0M in total across 1 funding round.
Mobile Tech RX's investors include Capital Factory, Mercury Fund, Silverton Partners, Alan Taetle.
Mobile Tech RX has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Series A in June 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2019 | $4M Series A | — | Capital Factory, Mercury Fund, Silverton Partners, Alan Taetle | Announced |
Key people at Mobile Tech RX.
Mobile Tech RX is a SaaS platform providing auto reconditioning software that enables technicians and business owners to estimate, invoice, manage workflows, capture data, and handle payments on mobile devices.[1][2][5] It serves mobile and shop-based technicians, detailers, dealerships, and auto service providers in the automotive reconditioning industry, solving problems like manual tracking, inefficient workflows, and disorganized customer management by offering tools for VIN scanning, custom checklists, CRM, analytics, and branded documents.[1][2][5] The company has demonstrated strong growth, processing over $1.9 billion in transactions, securing a $4.2 million Series A led by Silverton Partners, expanding to 30 employees, launching new products like Detailing and Payment Processing, and ultimately being acquired by Repairify.[1][2][4]
Mobile Tech RX was founded in 2014 by Eric Garves and Daimen Simmons, both former paintless dent repair (PDR) professionals who identified the need for software tailored to the auto reconditioning industry.[1] Eric, who studied Economics at the University of Arizona and partnered at Five Star PDR, hatched the idea in February 2014 after recognizing gaps in existing tools; they discussed building it over lunch with Albert in July and previewed the product at Mobile Tech Expo in January 2015.[1] Early milestones included launching Mobile Tech Books on iPads in February 2015 (later rebranded to Mobile Tech RX), iPhone availability in June 2015 with first full-time employee Micah, Android support in January 2016, and initial investments from John and Robin Renstrom.[1] Growth accelerated with the $4.2 million Series A in June 2018, Austin office opening, and acquisition by Repairify in June 2021.[1]
Mobile Tech RX rides the trend of digital transformation in the fragmented $10+ billion auto reconditioning sector, where mobile technicians and small shops increasingly adopt SaaS for efficiency amid rising vehicle complexity and dealership demands.[1][2][5] Its timing capitalized on smartphone proliferation and post-2014 mobile app maturity, enabling real-time operations in a market shifting from paper-based to connected platforms.[1] Favorable forces include automotive aftermarket growth, e-commerce integration for parts/invoicing, and investor interest in vertical SaaS, as evidenced by Silverton Partners' backing and Repairify acquisition.[1][2] It influences the ecosystem by standardizing workflows, fostering data-driven decisions, and enabling business scaling for detailers and PDR pros, paving the way for consolidated platforms in auto services.[1][4]
Post-acquisition by Repairify in 2021, Mobile Tech RX is positioned to integrate deeper into enterprise repair networks, expanding features like AI-driven analytics and multi-shop management amid EV reconditioning demands.[1] Trends such as connected vehicles, subscription-based services, and labor shortages will drive adoption, potentially evolving it into a full-stack auto recon OS with global reach.[2][5] Its trajectory from technician-built app to billion-dollar transaction processor underscores resilient SaaS potential in niche trades, setting the stage for broader industry consolidation.