BMW, Porsche, Jaguar Land Rover invest in roadside assistance startup Urgently

TechCrunch | 1/27/2019 | Staff
abbycraig (Posted by) Level 3
Click For Photo: https://techcrunch.com/wp-content/uploads/2019/01/tow-truck.jpg?w=600

Urgently, the roadside assistance startup that connects car owners who need help with tow truck and other services, has raised $21 million in a Series B round that includes the venture arms of BMW, Porsche and Jaguar Land Rover.

BMW has also signed Urgently as a vendor partner for its own roadside assistance platform (known as BMW Assist) to provide roadside assistance and extended mobility services to owners of all four of its brands in the U.S, including BMW, BMW Motorrad, MINI and Rolls-Royce Motor Cars.

Chris - Spanos - Surendra - Goel - Luke

Urgently, founded by Chris Spanos, Surendra Goel, and Luke Kathol, doesn’t charge annual membership fees like AAA or other auto clubs. Instead, the app works a lot like Uber of Lyft. Users can request help like getting a jump start, a tow or tire...
(Excerpt) Read more at: TechCrunch
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