Kinetic, an automotive infrastructure company that delivers digital maintenance and servicing for EVs and AVs through its network of service centers, announced it has secured $21 million in Series B funding, led by Menlo Ventures. Other participants in the round include returning investors Lux Capital, Construct Capital and Haystack Ventures along with new investors Allstate Strategic Ventures and Liberty Mutual Strategic Ventures. Kinetic will use the new funding to accelerate its business growth and continue to add top technology and engineering talent to its team.
Kinetic currently operates four service hubs across the nation—in Las Vegas and in Orange County,
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