Frugal Mechanic Backed by Founder’s Co-op

Gregory T. Huang2/11/09

Seattle-based Frugal Mechanic, an auto-parts search engine, has received seed funding from Founder’s Co-op, a peer-to-peer investment firm also based in Seattle, according to TechCrunch. The exact amount was not disclosed, but is between $250,000 and $500,000. Frugal Mechanic was founded in July 2008.

Gregory T. Huang is Xconomy's National IT Editor and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com, call him at 617-252-7323, or follow him on Twitter at @gthuang.