Urgent.ly
 | This article contains content that is written like an advertisement. (February 2019) |
| Company type | Public |
|---|---|
| Industry | Auto, Automotive services, mobility services |
| Founded | 1 January 2013  |
| Founders | Ric Fleisher, Surendra Goel, Luke Kathol, Lokesh Kumar, Rick Robinson, and Chris Spanos |
| Headquarters | , United States |
Areas served | North America, Europe, Asia, Australia |
Key people | Matt Booth (CEO and President), Gabe Huerta (Chief Product Officer), Annie Flippo (Chief Data Officer), Tim Huffmyer (Chief Financial Officer) [1] |
| Services | Roadside-as-a-Service, Roadside Assistance, Mobility Assistance, Automotive Technology |
Number of employees | 300+ |
| Website | www |
Urgent.ly is a roadside assistance and mobility assistance technology company that was founded in May 2013 and is based in Vienna, Virginia. It operates in North America, Europe, Asia, and Australia.
Mobile app[edit]
The app connects users with roadside assistance providers. Users pay the service providers directly through the app.[2] The app was added to the AT&T Drive platform in 2015.[2][3]
History[edit]
Urgent.ly was founded in May 2013 and launched its service in April 2014, initially servicing Washington, DC and the surrounding areas.[4] Later that year, the service expanded nationwide across the United States and Puerto Rico.
In March 2015, the app was chosen to be added to the AT&T Drive platform for connected cars.[5] In February 2017, Washington, DC-based media company DC Inno reported Urgent.ly's partnership with carmaker Mercedes-Benz.[6]
On December 6, 2017, CCC Information Services, Inc. announced Urgent.ly as an addition to the CCC Network.[7]
On January 23, 2018, Urgent.ly announced integration with Towbook, a provider of cloud-based towing software for roadside assistance companies.[8]
On April 3, 2018, Uber announced Urgent.ly as a partner on the Uber-branded Visa Debit Card for Uber drivers. Urgent.ly roadside assistance is available to all Uber drivers for a monthly fee, and cardholders receive a discount. [9] [10]
On October 19, 2023, Urgent.ly announces successful closing of merger with Otonomo Technologies and effectiveness of S-1 registration statement and starts the public trading under the ticker symbol ULY under NASDAQ. [11]
Funding[edit]
In April 2014, CIT Gap Funds and Blu Venture invested $525,000 in seed funding into Urgent.ly.[12][13][14]
In October 2014, Select Venture Partners invested $1.2 million in pre-Series A funding with contributions from CIT Gap Funds and Blu Venture.[15][16][17]
In September 2015, Allianz Digital Corporate Ventures, Verizon Ventures, and Forte Ventures invested in a $7 million Series A round.[18]
In October 2017, American Tire Distributors, Verizon Ventures, and Forté Ventures invested $10 million in the Series B round.[19]
In January 2019, Urgent.ly announced it had raised $21 million in new Series B funding with participation from BMW i Ventures; InMotion Ventures, Jaguar Land Rover's venture capital fund; and Porsche Ventures, with support from current investors.[20]
References[edit]
- ^ https://investors.geturgently.com/corporate-governance/executive-team
- ^ a b "Urgent.ly is like Uber for roadside assistance". Retrieved 30 January 2016.
- ^ "WJLA - Washington Business Report". 7 March 2015. Retrieved 30 January 2016.
- ^ Goodwin, Antuan. "Urgent.ly is like Uber for roadside assistance". Roadshow.
- ^ "Urgent.ly banking on lots more to come after transformative AT&T deal". www.bizjournals.com. Retrieved 2021-04-03.
- ^ "Urgent.ly Scores Mercedes Deal | Trump Broke Twitter | Inside Fundrise's iPO". us2.campaign-archive.com.
- ^ "CCC Launches CCC™ X Connected Data Exchange - CCC".
- ^ "Tow Times Magazine".
- ^ "More opportunities to earn with the Uber Visa Debit Card from GoBank". Uber Newsroom. April 3, 2018.
- ^ "Virginia Startup Urgent.ly Teams Up with Uber For Roadside Assistance". www.americaninno.com. Retrieved 2021-04-03.
- ^ "Urgently goes public and completes merger with Otonom". www.nasdaq.com. Retrieved 2023-10-19.
- ^ "The Download: Arlington-based LiveSafe partners with Blackboard to sell campus safety software". Washington Post. 2014-04-18. Retrieved 2021-04-03.
- ^ Hirschman, David (April 18, 2014). "Street Fight Daily: Facebook's 'Nearby Friends,' Twitter Debuts App Promo Suite | Street Fight". streetfightmag.com.
- ^ "Talk with doctors online though Google search | DC Inno". Archived from the original on 2016-03-04. Retrieved 2016-02-23.
- ^ "In The Capital Beat 10/15: Google Doctors, Urgent.ly raise, HBO standing alone". www.americaninno.com. Retrieved 2021-04-03.
- ^ "DC Startup Speek Raises $5.1 Million in Series A Funding". March 3, 2014.
- ^ District-based roadside assistance start-up Urgent.ly raises $1.2M from investors - The Washington Post
- ^ "Urgent.ly Raises $7 Million for On-Demand Roadside Assistance - Venture Capital Dispatch - WSJ".
- ^ "Urgent.ly, The Leading Global Digital Roadside Assistance Platform, Picks Up Series B Round: American Tire Distributors Joins as Strategic Investor and Partner". PRWeb.
- ^ "Leading Global Automotive Brands Invest $21M in Urgent.ly's Fast Growing Mobility and Roadside Assistance Services". www.prnewswire.com.
External links[edit]
