Mobile Tech RX Reaches Major Milestones, Launches New Products

Mobile Tech RX Reaches Major Milestones, Launches New Products

The company’s goal is to help auto recon businesses consistently make up to 30% more revenue per job by using their variable-based estimating and invoicing technology.

Mobile Tech RX, a leading all-in-one business management software solution for modern auto reconditioning businesses, recently announces a new wave of growth in the auto reconditioning industry and in Mobile Tech RX’s recognition and adoption:

  • In June 2019, the company secured a $4.2 million Series A funding round led by Silverton Partners.
  • Today the company announces that a total of $1.7B has been invoiced through their app by Mobile Tech RX users, reflecting a healthy auto reconditioning industry supported by new technology partners.
  • In Q1 of 2020, the company plans to launch the industry’s first Detailing solution to help small business owners make more money with revolutionary estimating technology.

Mobile Tech RX’s $1.7B in transactions processed through their platform represents a momentous shift in the auto reconditioning industry — a shift towards digital estimating, invoicing, and payment processing.

The most pressing issue faced by auto reconditioning technicians today is not being able to charge customers for what their skills and services are worth. Most dent, detail, interior, paint and wheel repair businesses still operate predominantly on pen and paper, which has resulted in stagnant prices and non-standardized service rates. To the detriment of the entire industry, many consumers walk into an auto reconditioning business ready to barter and drive down prices.

Mobile Tech RX is on a mission to change that with their mobile app and business software. The company’s goal is to help auto recon businesses consistently make up to 30% more revenue per job by using their variable-based estimating and invoicing technology.

That goal is already coming to fruition for many Mobile Tech RX customers. “When I started using Mobile Tech RX, in one year, I raised our income $93,000. That’s what it’s done for us,” said Mobile Tech RX customer Daniel Gromm, CEO of Dent Dynamics in Santa Rosa, CA.

Eric Garves, CEO and co-founder of Mobile Tech RX, is the driver behind the company’s momentum. Formerly a PDR professional himself, Garves and business partner Daimen Simmons spent years looking for a solution that would help them professionally estimate and invoice and make the business more money. When they couldn’t find one, they decided to create their own, and in 2015, the first version of Mobile Tech RX was launched.

“Mobile Tech RX was built by auto reconditioning business owners who know how the industry works and what technicians need. We provide the entire industry with the tools to help them make more money and grow their businesses. The sheer number and amount of transactions that have been processed through our platform – $1.7 Billion – speaks not only to the health of the auto reconditioning industry but also to the need for a solution like Mobile Tech RX,” Eric Garves said.

Earlier this year, Garves and team secured a $4.2 million Series A funding round led by Silverton Partners to catalyze the company’s goals of expanding their head count, growing their customer base and usage, and launching products into new markets. Since the funding announcement in June, Mobile Tech RX’s headcount has increased by almost 50% and customer expansion has increased by almost 15%. The company has opened a wait list for their new Detailing product that is launching in the Spring of 2020.

Links:
Mobile Tech RX

You May Also Like

Rita and Rick Case Changemaker Award  2024 Winner

Jonathan DeLuca and the Frederick A. DeLuca Foundation were honored as changemakers at the 2024 South Florida Heart Ball.

Rita Case, president and CEO of Rick Case Automotive Group, presented the second annual Rita and Rick Case Changemaker Award to the Frederick A. DeLuca Foundation and Jonathan DeLuca, board director of the Foundation, during the 2024 South Florida Heart Ball, hosted by the American Heart Association (AHA).

In a rare move by a national organization to establish a perpetual recognition award, the Rita and Rick Case Changemaker Award was established last year. The award is now presented annually in perpetuity to an individual or organization that has made an impact, sets the tone, leads by example and inspires others to join the mission of the AHA. This is the first award of its kind in the AHA’s South Florida market.

Healey Brothers Opens State-of-the-Art Healey Hyundai Dealership

The new dealership in Fishkill, New York, is a model for the next generation of automotive dealerships with comprehensive services.

inride Consumer to Dealer Auto Auction Platform Now Live

inride’s groundbreaking consumer-to-dealer app, powered by technology and AI, is reshaping the automotive landscape.

700Credit Survey Shows How Dealers Are Susceptible to Fraud

Less than 1% of survey respondents say they collect a digital copy, validate and compare a driver’s license against DMV records.

Lotlinx Unveils Vincensus

Vincensus offers real-time visibility for OEM-specific and dealership inventory, plus key data on pricing and markdowns.

Other Posts

Mazda Opens 300th Open-Concept Dealership

Retail Evolution dealers now account for more than 85% of Mazda sales consistently outperform non-upgraded facilities in monthly throughput.

Cox Automotive Ecommerce Partners with Canopy Connect

The collaboration will embed insurance verification and servicing into Cox Automotive’s Ecommerce solution.

CarSaver Wins Tech Company Award

The company’s continued excellence in automotive eCommerce and FinTech innovation recognized on global stage.

New Benchmark Data Suite Using KPIs for Dealer Decision Making

Simplify data management and with a platform that analyzes metrics across digital marketing, inventory, lead handling, sales, and finance.