Mobile Klinik

RetailSeries CToronto, Canadamobileklinik.ca

Latest round

Series C

Last raised

May 2019

Total raised

$34M

Investors

2

About Mobile Klinik

Mobile Klinik, founded in Toronto, Canada in 2015, operates as a dedicated mobile device repair and resale company.000 mn in July 2020, when TELUS Communications Company acquired the company.Mobile Klinik operates in the mobile device repair and resale sector, specializing in fast and efficient repair services for smartphones, tablets, and other electronic devices from leading brands such as Apple, Samsung, and Google. Their core offerings include screen repairs, battery replacements, and diagnostic services, all performed by certified technicians. The company focuses on addressing common user pain points, such as cracked screens and battery issues, aiming to restore devices to optimal functionality. Additionally, Mobile Klinik provides a range of certified pre-owned devices that undergo a rigorous 64-point inspection to ensure quality and performance, catering primarily to budget-conscious consumers seeking reliable technology solutions.Mobile Klinik generates revenue through direct consumer transactions for repair services and the sale of certified pre-owned devices. The transaction structure typically involves customers visiting physical locations for immediate service or purchasing devices outright. Pricing models for services vary based on the type of repair or device sold, with promotions such as CAD 0 battery replacements or discounted certified pre-owned smartphones offered under specific activation plans. For instance, when a customer activates a phone plan with a carrier partner, they may receive significant discounts on both repairs and device purchases, enhancing customer value.Following its acquisition by TELUS Communications Company in July 2020, Mobile Klinik is expected to leverage newfound resources for future expansion. Although specific new products being designed or launched have not been disclosed, the company is likely to focus on enhancing its service offerings and improving customer experience. Plans include expanding into additional markets across Canada, with targeted expansion locations yet to be specified.

Who invested in Mobile Klinik

2 investors across 2 rounds

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Funding rounds

  1. Series C

    May 15, 2019

    Amount

    $28M

    Investors

    Locked

  2. Series B

    Sep 4, 2017

    Amount

    $6.8M

    Investors

    Locked

Questions about Mobile Klinik

Who invested in Mobile Klinik?

Mobile Klinik has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Mobile Klinik raised?

Mobile Klinik has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Mobile Klinik last raise money?

Mobile Klinik's most recent round on record is a Series C, in May 2019.

What does Mobile Klinik do?

Mobile Klinik, founded in Toronto, Canada in 2015, operates as a dedicated mobile device repair and resale company.

Where is Mobile Klinik headquartered?

Mobile Klinik is headquartered in Toronto, Canada.

Which VCs invest in companies like Mobile Klinik?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back retail companies at Mobile Klinik's stage. Their profiles are linked below.

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