Island entrepreneur Andrew Jervis, has told of his delight after securing financing of £320,000 for his start-up business called Click Mechanic.
The money is coming from angel investors led by former
Just Eat CEO Klaus Nyengaard.
The investment will be used to fuel ClickMechanic’s growth, make new hires and accelerate product innovation.
Since launching in 2012, ClickMechanic has had users generate more than 150,000 car service and repair quotes through the site and since early 2014 the company’s growth has been between 20-40 per cent month-on-month,says Andrew.
The investment is more than three times the £90,000 secured through previous investment.
It is another step on the road to success for enterprising Andrew, 30, who is from Ballasalla. The young entrepreneur attended Buchan school, followed by King William’s College. His parents David and Jo live in the island and Andrew loves his occasional breaks here from his base in London.
ClickMechanic is an online marketplace for car repair, making it quick and easy for drivers to get online quotes and book a vetted mechanic. Andrew said it is currently unavailable in the island and is busiest in urban areas of the UK. But it could come here in the future, he said.
Andrew, co-founder of ClickMechanic, with Felix Kenton said: ‘It’s well documented that the automotive repair industry suffers from a lack of transparency which has created a large amount of consumer mistrust.