Yoshi Mobility (YC S16) is a last-mile delivery platform that specialises in car care services. It offers customers EV charging, maintenance, gas delivery, car washes and other services to wherever they are parked.
Daniel Hunter, Nick Alexander, and Bryan Frist came up with the notion to introduce technology into the car sector. They launched the Yoshi Mobility app to transport gas to customers in the San Francisco area on their preferred day for $20 per month, using the initial entry point of gas.
In the summer of 2016, the trio took Yoshi through Y Combinator and started to grow, going up against venture-backed businesses like Filld, Wrench, and Booster at the time.
By 2017, the business had expanded to Atlanta and Nashville, Tennessee, and was providing other services including car washes, oil changes, and supply orders for things like brand-new wiper blades.
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Additionally, $2.1 million was secured by Yoshi from investors, which included ZhenFund, Joe Montana’s Liquid 2 Ventures, and Ali Rowghani, the founder managing director of YC’s Continuity Fund as well as the former CFO and COO of Twitter.
Yoshi Mobility, a Nashville-based company, is divided into three business segments: virtual vehicle inspections, electric car charging, and preventative maintenance. Although it can provide automobile services to clients in all 50 states, it currently has presence in 15 states. To date, it has finished servicing millions of cars.
According to Frist, the company is valued at over $200 million, and the $26 million in fresh Series C capital supports the entry of all those business lines. This investment is led by General Motors Ventures and includes Bridgestone Americas, a well-known tyre company, as a new strategic investor. Shikra Limited and Universal Motors Agencies are examples of foreign investors. Yoshi Mobility has now invested more than $60 million in total.
Bridgestone liked the mobility aspect of what Yoshi is doing, Frist said. “They’re investing in mobility companies,” he said. “They launched Firestone Direct, where they have vans that go out and can change tires. We’re doing exactly that now, and that’s how they got involved.”
About Yoshi
Yoshi started off as a gas delivery service in 2015, employing small pickup trucks with DOT-approved gas tanks full to the brim to supply gas to your car wherever you were.
The idea was straightforward: you downloaded the app, entered your payment information and vehicle details, chose your Yoshi day—the day you needed petrol—dropped a pin, opened your gas flap, and carried on with your day.
