ForeverCar

When your car breaks down, your life is disrupted. We are building a platform and an awesome team so people never worry about car repairs again.

Founded 2011
16-50 employees
  • Banking, Corporate Finance, & Investing
  • Headquarters address
    444 N Orleans, Chicago IL 60654

    ForeverCar was born out of an experience – jumping online to attempt to buy a vehicle service plan. We thought it would be simple. Instead, we found a network of vaguely worded plans, confusing price points, and tons of exclusions — a confusing, unscrupulous industry in desperate need of disruption. So we set out to create something new, something trustworthy that actually made people’s lives better. That something turned into ForeverCar. We’ve been on a mission to make the car repair experience better ever since.

    2013
    August – Sketched out idea and business plan over coffee in Starbucks
    October – First friends and family capital raise to seed the company and create the proof of concept

    2014
    January – Pivoted to expand business to a comparison shopping marketplace
    May – FC 1.0 released in the wild

    2015
    May – FC 2.0 released
    August – Opened first office at 1871
    October – Chicago Innovation Award finalist

    2016
    April – Opened Chicago office
    May – Opened Chicago call center
    September – Secured $10M in series A funding
    September – Announced strategic partnership with CUNA Mutual Group
    October – Released first co-branded website and marketing platform with a CUNA Mutual Group credit union.
    October – Chicago Innovation Award winner

    Tech stack

    Python, Django, Angular2

    Benefits

    Health and wellness

    Health insurance
    Dental insurance
    Vision insurance
    Life insurance
    Disability insurance
    ForeverCar - Ringing NASDAQ Bell
    ForeverCar - Company Outing
    ForeverCar - Innovation awards