Fresh Mobile Car Valeting launches £1m investment round
Edinburgh-based startup Fresh Mobile Car Valeting has embarked on a £1 million investment round and launched a new app as the car care start-up rapidly expands across the UK.
The move comes as award-winning CEO Sam Brennan focuses on customers continuing to receive “the best possible service” and putting Fresh in a position to capture a major part of the £1.2 billion UK market.
Sam Brennan said: “We want to revolutionise the way people manage their car care and customer satisfaction is absolutely central to that. The market of 31 million users across the UK is worth more than £1.2 billion so making it as simple as possible to deal with us is vital. Launching a new app does exactly that.
“Fresh is expanding rapidly because we provide a fantastic customer service across all our franchises and people are sick and tired of sub-standard care.”
Mr Brennan and his team plan to add features to the app over the next twelve months, and in the longer term are aiming to add car services like tyre and oil changing, and scratch removal to the overall Fresh offering.
Fresh now has 28 operators and 21,000 customers across the UK, adding new locations in Liverpool, Warrington, Bolton, Wigan, Stockport, Swansea and Kent during 2021. Having strengthened coverage in the Central Belt of Scotland and the North of England over the last eighteen months, Fresh plans to increasingly target the Midlands and South of England in 2022.
Sam Brennan added: “It’s great to get the app launched and out there, and we’re in the process of adding online payment and a subscription service, just two of a number of features we’ll be adding in the months ahead.”
Mr Brennan sees opportunities around building partnerships with a series of car and car care-related industry partners and the company is in active discussions with a number of groups which Fresh’s CEO believes will be transformational to the company’s future growth.
He continued: “We see a lot of value-creation opportunities around partnering with other industry players in ways that improve our breadth of offering to customers, so that’s going to be integral to our strategy over the next couple of years.”
Fresh is backed and advised by a number of leading tech entrepreneurs and figures from Scotland’s business scene including Ambergreen founder Tino Nombro, NatWest Group’s Director of Public Policy Michael Crow, Alex Watts, founder of Lettingweb.com and Kingsford Estates, and Paywizard Group founder Jonathan Guthrie.
Crow, Watts and Guthrie are all non-executive directors on Fresh’s board while Nombro, who sold digital marketing firm Ambergreen to Canada’s DAC Group in 2016, was appointed as Fresh’s chairman last year.
Commenting on its next external investment round, a pre-series A round, to support its next phase of growth. Sam Brennan said: “We are in an exciting place at the moment, doubling revenue on the platform at the beginning of the year, bringing three new people into the team and launching some significant tech updates. Bookings are now completely automated across all our UK locations, and we’re achieving high customer satisfaction levels. We feel like we’ve proved the business model and now its time to go for some external investment and take things to the next level.”
Tino Nombro, chairman, Fresh Mobile Car Valeting, commented: “Sam and the team have made incredible progress over the last year, with a product that stands up to anything else currently available in the UK market. Accordingly, we are seeing a lot of investor interest in the Fresh proposition.”