BMW i Ventures announces strategic investment in Caroobi

 

BMW i Ventures has announced a strategic investment in Caroobi, the leading European online repair shop for cars. Caroobi’s mission is to simplify and improve the automotive aftersales customer experience.

Caroobi works with over 400 certified auto repair shops across Germany, Switzerland and Austria. With just a few clicks, car owners can book car repairs at a transparent, fixed price. Caroobi’s customers enjoy the comfort of not having to take their car to a auto repair shop for a first inspection. Instead Caroobi offers a remote diagnosis for the car repair via their online platform. The customers then choose if they want to deliver their car to the repair shop themselves or enjoy the convenience of having the car picked up and delivered via a Caroobi partner shop.

The series A financing round was led by BMW i Ventures with participation of DN Capital and Cherry Ventures who both have been existing investors of Caroobi. The funds will be used to improve the service offered to car owners and to further develop the software for Caroobi’s partner garages.

Source: BMW Group

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