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Published on : Jan 28, 2019

The multinational car manufacturers, BMW, Jaguar, Porsche and Land Rover has recently invested in the startup company called Urgent.ly. It’s a roadside assistance company which connects car owners, who urgently requires assistance in order to lift the car and other various services. In addition, the company has raised around $21 million in an angles round such as B series round where the aforementioned companies have bought common stock.

Recently, the company, Urgent.ly. is operating in Asia, Europe and North America for the roadside assistance service. The Uregent.ly is majorly utilizing Artificial Intelligence and The Company is also tracking geo-location in order to connect with the drivers in order to provide fasted service during the breakdown of the vehicles. In addition to this, the Urgent.ly is innovative solution provider which offers transparent and speedy service to the car owners.

Strategic Investment and Technology Advancement to Offer Better Experience for Consumers States Urgent.ly

The startup company can be expanded globally in the coming years owing to its fast pace services to the car owner for towing their vehicle. The Porsche officials also conveyed further that it’s the team effort which add convenience through establishing connection with their consumer through technology process. This is one of the major reason behind the growth and increasing interest among the companies for the strategic investment.

With the increasing participation in funding, BMW Assist. stated further that they had already signed collaboration with the Urgent.ly for the roadside assistance service. Urgent.ly will allow OEMs across the globe to offer their consumer the kind of real-time and linked digital experience they now anticipate in all from food delivery till ride-sharing.