Berlin-based Caroobi, a car repairs booking platform, has raised a financing round from BMW i Ventures with participation from existing investors DN Capital and Cherry Ventures. The terms of the investment were not disclosed.
Caroobi describes itself as a digital garage where users can book repairs for their cars as well as remote inspections. It has 400 certified mechanics on its platform and 30 car experts that, it said, can diagnose car malfunctions through the platform remotely.
The startup will invest the funds in its product and plans to expand its employee base from 60 to 100. It currently has no plans for internationalising, it said.
“For now, we will continue focusing on the German market and will work towards our goal of making the experience for our customers as effortless as possible”, said Mark Michl, managing director of Caroobi.
“Caroobi has both the product and the team to drastically change the independent aftersales market in Germany,” said Christian Noske, partner at BMW i Ventures. This marks the car maker’s first investment in a German automotive startup. The partnership between the two companies will help Caroobi to improve the automotive aftermarket repairs business, it added.
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