
fixerthe UK-based online car care provider, is seeking additional investors to fund its growth as it plans to more than double its revenue every year over the next five years.
The digital online car service, which offers a contactless pick-up and drop-off service, saw its net revenue increase by 200% year-over-year.
According to AXA-backed company, the UK automotive service, maintenance and repair market is worth £13 billion a year. It is said that organizing your car maintenance should be as easy as ordering takeout from your favorite restaurant.
Fixter’s technology-driven approach allows car owners to book MOTs, services and repairs, as well as get an instant quote, using a laptop or smartphone. During the pandemic, it also offered contactless door-to-door service, with 30-minute time slots for delivery and collection and live text updates.
Limvirak Cheafounder and CEO of Fixter, said: “The pandemic has changed the way people rely on their car as a Covid-secured safe space. As a result, we have seen a huge increase in demand for our service.
“At Fixter, our contactless door-to-door service allows car owners to not only keep their car in good working order, but more importantly to protect themselves and those they love by avoiding unnecessary journeys. the fact that we can also save people time, money and worry in these uncertain times is what drives us forward in our mission to move Britain forward.
Fixter was launched in Manchester in 2017 and now has 500 independent garages in its UK network. It hopes other investors will fund its continued growth, including its expansion into Europe, as it seeks to double its revenue every year for the next five years.