BMW, Porsche and Jaguar have invested in Urgent.ly
Roadside assistance platform Urgent.ly Inc. has raised $21 million in fresh funding from a slate of new automotive-related investors. The new investors include BMW i Ventures, Porsche Ventures and InMotion Ventures, the venture capital fund Jaguar and Land Rover while current investors also participated in the “oversubscribed” round, according to the Vienna-based startup. The round would more than double the company’s total funding, which had been $18.7 million to date, according to Crunchbase. That total includes funding from Select Venture Partners, Verizon Ventures, Forte Ventures and Blu Venture Investors.
