Advanced Venture Partners led a $30m Series B round in AutoLeap.

Advanced Venture Partners, a venture capital and growth equity investment firm, led a $30m Series B round in AutoLeap, a provider of a cloud-based platform for auto repair shops. “Given the economic climate, we’re entering into the golden age for aftermarket auto repair where a lot of these trends are a huge net positive for our customers. The older the car gets, the more expensive that repair gets. You also have this interesting dynamic and trend where the preference for ‘do it for me’ is now overtaking do it yourself. Ultimately, we’ve seen tremendous growth from our customer base over the past year," Steve Lau, AutoLeap Co-CEO.