Get Spiffy — an on-demand car care, technology and services company — has announced the closing of a $9-million fund raise led by Bull City Venture Partners. All existing Spiffy investors, including IDEA Fund Partners, participated in the funding. And, new investors were added, including strategic investor Mann+Hummel. Other investors included the Visionary Private Equity Group, North Carolina Venture Capital Multiplier Fund, Wolfpack Investor Network and VentureSouth.
The capital infusion allows Spiffy to broaden its car care services, expand geographies and develop additional channels.
“Since our first investment, Spiffy has grown from three to five markets; added several new services, like mobile oil change; and dramatically expanded their fleet business,” said Jason Caplain, general partner of Bull City Venture Partners. “With this financing, we are excited to continue to support Spiffy on their very impressive growth trajectory.”
Spiffy washes, details and changes oil in Raleigh, Charlotte, Atlanta, Los Angeles and Dallas. The company’s technology allows clients to schedule, track, and pay for services at the time and location of their choosing.