INSUBCONTINENT EXCLUSIVE:
Honk Technologies, a marketplace for towing services for consumers and insurance companies, has raised $18 million in a new round of funding
a little over a year after inking a massive contract with the insurance company, Farmers.The investment was led by Altpoint Ventures, with
participation from existing investors Structure Capital and Venture 51.The company said it would use the funds to build on its network of
applies to the towing business the same technology ride-hailing uses, making trucks more responsive and slashing the time that a customer
According to the market research firm, IBISWorld, customers spend roughly $6 billion on roadside assistance services.Customers call for a
arrival of their tow truck in real time
satisfaction, harness their roadside assistance data and receive industry leading net promoter scores, according to a statement.
