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CrashBay completes $1.25 million funding round led by Markd.

PRIVATEApr 03, 2024•about 2 years ago

Amount Raised

$1.25 Million

Round Type

seed

Toronto

Investors

Markd

Description

CrashBay has announced the completion of a $1.25 million funding round led by market venture capital firm Markd, with participation from other collision and insurance industry veterans. This partnership with Markd signifies a major milestone for CrashBay, giving them the fuel they need to achieve their mission of empowering car owners and carriers to connect with trusted repair shops anywhere in the world.

Company Information

Company

CrashBay

Location

Toronto, Ontario, Canada

About

CrashBay is a digital marketplace specializing in end-to-end collision repair solutions for fleets and carriers. It offers customized SaaS solutions, digital payments and claims services for carrier partners.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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