# ASAP Tire

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/asap-tire

- Industry: Retail
- Headquarters: La Habra, US
- Website: www.asaptire.com
- Total disclosed funding: $1.8M
- Latest round: Seed (Dec 6, 2017)
- Investors on record: 2

## About

ASAP Tire specializes in convenient, at-home tire installation services, catering to individuals and businesses seeking hassle-free tire maintenance solutions across urban and suburban markets in the United States.Founded in 2012, ASAP Tire operates primarily in La Habra, US, providing mobile tire installation services. The company has successfully raised USD 1.800 mn in its latest funding round, Seed, with investments from RezVen Partners and Wavemaker Partners. It has completed two deals thus far. Wavemaker recently exited its stake in the company, though financial terms were not disclosed.ASAP Tire offers Tire Rack Mobile Installation®, which allows customers to purchase new tires or have existing ones installed at their chosen location, either at home or work. Trained technicians typically complete installations within 15 minutes, supporting individual vehicle owners, fleet businesses, and electric vehicle users. The company emphasizes customer convenience with no-contact installation options, and also provides tire delivery to independent Recommended Installers, along with fast shipping to consumers' locations.ASAP Tire generates revenue by charging customers USD 40 per tire for on-site installation services. The company operates on a direct-to-consumer model, facilitating tire purchases and installation scheduling through its platform. Additional revenue is derived from the sale of tire-related products and accessories, with features like free shipping on orders over USD 50 and a two-year road hazard protection plan enhancing customer value.ASAP Tire plans to develop and launch new tire products aimed at expanding their service offerings, with specific timelines for release to be announced. The company is also considering expansion into new geographic markets, focusing on urban areas across the US by the end of the next fiscal year. The recent Seed funding of USD 1.800 mn will support these growth initiatives, particularly in product development and market entry strategies.

## Funding rounds

- Seed, Dec 6, 2017, $1.8M — Wavemaker Partners, RezVen Partners

## Investors

- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- RezVen Partners (https://capitalatlas.ai/funds/rezven-partners) — Seed