HERZLIYA, Israel, SAN FRANCISCO, Calif. and VIENNA, Va. – Feb. 9, 2023 – Otonomo Technologies Ltd. (Nasdaq: OTMO) (“Otonomo”), the platform powering the mobility economy, and Urgent.ly, Inc. (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced that they have entered into a definitive agreement to merge in an all-stock transaction. As a result of the transaction, Urgently expects that its shares of common stock will be listed under the ticker symbol “ULY”.
LOS ANGELES, CA and VIENNA, VA (March 8, 2022) –VinFast US and Urgently will partner to bring a world-class, white glove mobility assistance platform to VinFast’s North American lineup of smart electric vehicles. The partnership will bring a world-class, white glove mobility assistance platform to VinFast’s lineup of smart electric vehicles coming to North America in late 2022.The roadside assistance program jointly developed and supplied by VinFast and Urgently will come via a mobile solution to provide communications between customers and VinFast’s customer experience center 24-hours a day, via text, in-car updates and through the VinFastApp. The program offers traditional towing services as well as flat tire support, lockout assistance, ride-hail services, winching and remote charging for vehicles.
VIENNA, VA (Dec. 22, 2021) – Urgently, a leading provider of digital roadside and mobility assistance services, announced today it has secured up to $75 million in debt financing from certain funds managed by Highbridge Capital Management, LLC (“Highbridge”), Onex Credit and Whitebox Advisors, that will help the company advance its mission to transform the legacy roadside assistance market and to develop and define the new market for connected mobility assistance services for automotive, insurance, fleet, logistics, new mobility and technology transportation companies. In addition, Structural Capital refinanced and increased its existing debt facility with Urgently to $17.5 million.
VIENNA, VA (June 30, 2021) Urgently today announced it is partnering with SparkCharge to bring on-demand electric vehicle charging to the roadside and mobility assistance programs it powers for global brands in automotive, insurance, telematics and new technology transportation industries. The partnership combines the Roadie by SparkCharge® portable, modular, ultra-fast, EV charging system with Urgently’s Smart Mobility Assistance™ platform, marking an important step toward increasing the accessibility and reach of electrification infrastructure.
Industry experts predict that by the end of this decade, nearly all new vehicles sold globally will be connected. Urgently examines the potential for vehicle connectivity to provide safe, transparent and exceptional mobility assistance experiences in a new future mobility focus report titled, “The Upshift to Smart Mobility Assistance: Connected Vehicles & the Road to Proactive Assistance.” The report includes new data from Urgently’s Connectivity & Mobility Assistance Consumer Survey 2021, which reveals two-thirds (66%) of consumers view vehicle connectivity as roadside assistance, priming the market opportunity for connected services that expand the concept of roadside assistance.
In a new survey by global mobility and roadside assistance platform Urgently, nearly half of respondents say they have changed their 2020 holiday travel plans due to the pandemic. According to Urgently’s Holiday Travel Intentions 2020 Survey, 47% have changed Thanksgiving travel plans, while 43.7% have changed travel plans for the December holidays. Some respondents are still assessing their holiday travel plans: 8.6% have yet to decide on Thanksgiving and 12.1% are undecided about the December holidays.
VIENNA, VA (June 24, 2020) – Urgently, the leading Global Mobility and Roadside Assistance Platform, anticipates higher than normal automobile usage as the US economy reopens in the wake of COVID-19 shutdowns. The company has been closely tracking traffic volumes and mobility data by state throughout the pandemic and is forecasting miles driven to increase as pandemic restrictions lift and consumers take to the road for leisure travel.
VIENNA, VA, Nov. 8, 2019 — Urgently, the leading global mobility and roadside assistance platform, today announced it ranked 6 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 25th year. Urgently grew 11,624% during this period.
NEW YORK, Aug. 14, 2019 – Inc. magazine today revealed that Urgently is No. 12 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
EY today announced that Chris Spanos, CEO and cofounder of Urgently, the leading global mobility and roadside assistance platform, received the Entrepreneur Of The Year® 2019 Award in the Technology category in the Mid-Atlantic region. The award recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities, while also transforming our world. Spanos was selected by an independent panel of judges, and the award was presented at a special gala event at The Ritz-Carlton, Washington, DC on June 13, 2019.