# Autolab S.A.S

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/autolab-s-a-s

- Industry: Retail
- Headquarters: Bogota, Colombia
- Website: www.autolab.com.co
- Total disclosed funding: $1M
- Latest round: Series A (Sep 30, 2017)
- Investors on record: 2

## About

Based in Colombia, Autolab S.A.S is an automotive service provider specializing in mechanical repairs, maintenance, and diagnostics. The company operates a broad network of workshops to meet diverse vehicle needs.Autolab S.A.S, founded in 2014 in Bogotá, Colombia, operates as an automotive mechanical service provider. The company has undergone no significant pivots since its establishment. It has completed 3 deals, with the most recent deal occurring on August 22, 2023 when it raised USD 4.1 million from investors including Haven Ventures and Vertical Venture Partners. The total amount raised by Autolab to date is USD 4.1 million. The company's co-founders include Goran Grozic and Salvador Zepeda, though no additional founding history has been provided.Autolab is a prominent automotive mechanical service provider operating a vast network of workshops across Colombia. The company's core offerings include a comprehensive range of automotive services such as general mechanical repairs, preventive maintenance, and specialized diagnostics. These services address various vehicle needs, including oil changes, brake servicing, electronic repairs, and aesthetic restorations. Autolab caters to a diverse customer base comprising individual vehicle owners and businesses with fleets, ensuring that over 45,000 vehicles have been serviced through their network. Their operations are primarily focused in urban areas like Bogotá, Medellín, Cali, and Barranquilla, targeting a clientele that values quality service and prompt attention to vehicle issues.Autolab's revenue model hinges on direct transactions with customers, where clients can schedule services either online or through direct communication channels such as phone and WhatsApp. The company operates a straightforward pricing structure for its services, which includes guarantees on both labor and parts, enhancing customer trust and satisfaction. Clients receive instant quotes for various services, which include diagnostics, routine maintenance, and emergency repairs. By offering a seamless experience, from service booking to completion, Autolab solidifies its position in the automotive repair market. The company's revenue generation is supported by a combination of one-time service fees and potential repeat business from satisfied customers.In August 2023, Autolab S.A.S raised USD 4.1 million in venture funding, co-led by new investors Haven Ventures and Vertical Venture Partners, with participation from Bullpen Capital, Interplay, Proeza Ventures, and returning investor Polymath Ventures. The company plans to utilize this funding for business growth and expansion across Colombia and Mexico. Future initiatives include the design and launch of new automotive service products, with specific release dates yet to be announced. Autolab aims to penetrate new markets, particularly in Mexico, as part of its strategic growth plans.

## Funding rounds

- Series A, Sep 30, 2017, $0.5M — Mesoamerica
- Seed, Apr 16, 2015, $0.5M — Polymath Ventures

## Investors

- Polymath Ventures (https://capitalatlas.ai/funds/polymath-ventures) — Seed
- Mesoamerica (https://capitalatlas.ai/funds/mesoamerica) — Series A