Yoshi Mobility Raises $26 Million in Funding to Expand Car Care Services and EV Charging

Yoshi Mobility Raises $26M in Series C Funding

Yoshi Mobility's Series C Funding

Key Highlights:

  • Series C Funding: Yoshi Mobility, a tech-enabled mobile car care company, closed a $26 million Series C funding round.
  • Investors: Backed by General Motors Ventures, Bridgestone Americas, Universal Motors Agencies, and Shikra Limited.
  • Business Expansion: Funds will be used to scale the core business and expand into preventative maintenance, virtual vehicle inspections, and electric vehicle (EV) charging.

Yoshi Mobility's Target Market

  • Target Market: Car owners and fleet operators in need of convenient and on-demand car care services.
  • Connected Car Platforms: Integration with connected car platforms, such as General Motors' OnStar program, to provide seamless car care services.
  • Electric Vehicle (EV) Market: Addressing the growing demand for EV charging solutions and support for EV fleets.

What Yoshi Mobility Needs to Buy

  • Expansion of Service Offerings: Acquiring or partnering with companies specializing in preventative maintenance, tire care, multipoint inspections, and eco-friendly washes.
  • EV Charging Infrastructure: Investing in EV charging equipment and technologies to support on-the-go charging for EV fleets.
  • Marketing and Customer Acquisition: Engaging with marketing agencies and implementing strategies to attract new customers and expand market reach.