Shop-Ware Announces $15 Million in Series A Funding
San Francisco: Shop-Ware, the automotive aftermarket’s premier cloud-based shop management software for independent repair shops, announced today that it has secured $15M in series A funding, led by Insight Partners, a leading global venture capital and private equity firm. The investment will support Shop-Ware’s continued growth, accelerate its innovation, and allow for a more aggressive go-to-market.
Carolyn Coquillette founded Shop-Ware out of her own repair shop in San Francisco to provide the transparency and sophistication that customers needed and other systems.
Shop-Ware handles everything for the next generation of auto repair, from digital customer communication to paperless shop operations, with an expansive product offering designed to reduce or remove the human effort needed to run the business. Repair shops experience 20% efficiency gains, higher gross profit, and a 12% increase in sales than over the phone. Their customers consistently boast increased satisfaction, mentioning the software in online reviews.
The investment will be used to expand Shop-Ware’s engineering, support, and sales teams, to ramp the number of repair shops adopting the platform, and speeding their onboarding period.
