ServiceUp Raises $55 Million in Series B Funding to Transform Vehicle Repair Management with PeakSpan Capital leading the round.
Amount Raised
$55 Million
Round Type
Series B
CampbellManufacturingAutomotiveInvestors
Description
ServiceUp, the all-in-one tech platform transforming how fleets and insurers manage vehicle repairs, has raised $55 million in Series B funding. The round was led by PeakSpan Capital, with participation from Hearst Ventures and others. This raise will help ServiceUp accelerate its innovative solutions in the auto repair industry. The company's focus shifted to the B2B market as they tackle outdated processes and lack of visibility in repairs.
Quick answer
ServiceUp raised $55 Million in a Series B round, dated July 9, 2025. Investors: PeakSpan Capital, Hearst Ventures, Trestle Partners, Capital Midwest Fund and Litquidity Ventures. ServiceUp is based in Campbell, California, United States.
- How much did ServiceUp raise?
- ServiceUp raised $55 Million in a Series B round on July 9, 2025.
- Who invested in ServiceUp?
- PeakSpan Capital, Hearst Ventures, Trestle Partners, Capital Midwest Fund and Litquidity Ventures are named as investors in this round.
- What does ServiceUp do?
- ServiceUp is revolutionizing the entire car repair experience by saving businesses, insurance customers, and shops from an outdated repair ecosystem.
- Where is ServiceUp based and how big is it?
- ServiceUp is based in Campbell, California, United States. Fundz records about 87 employees.
- Who are the decision-makers at ServiceUp?
- Fundz holds 1 contact at ServiceUp. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Manufacturing around the same time
Companies in the same sectors as ServiceUp that raised within 45 days of this round, from Fundz verified event records.
- BorgWarner raised $398K (Seed) on August 23, 2025.
- Ultraviolette raised $21M (Funding Round) on August 12, 2025.
- ADIENT PLC raised an undisclosed amount on July 21, 2025.
- Empery Digital Inc. raised $500M (Post-IPO Equity) on July 21, 2025.
- Empery Digital Inc. raised $501M on July 17, 2025.
- Hadrian raised $260M (Series C) on July 17, 2025.
Who to call at ServiceUp, and when
A new round usually means ServiceUp is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day ServiceUp raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ServiceUp, from your own LinkedIn network
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What this usually meansServiceUp raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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