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ServiceUp Secures $55M to Revolutionize Vehicle Repair

7/10/2025

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Summary

Story summary

ServiceUp, a vehicle repair management platform from Los Gatos, CA, has secured $55 million in Series B funding, bringing its total to nearly $70 million since launching in 2021. With backing from PeakSpan Capital, the company plans to boost automation and expand its market reach, all while aiming to cut repair cycle times for fleets and insurers by over 30%.

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Story summary

ServiceUp, a vehicle repair management platform from Los Gatos, CA, has secured $55 million in Series B funding, bringing its total to nearly $70 million since launching in 2021. With backing from PeakSpan Capital, the company plans to boost automation and expand its market reach, all while aiming to cut repair cycle times for fleets and insurers by over 30%.