Last Drop Wrench is a company that specializes in providing a patent-pending tool for simplifying and improving the traditional oil change process. Their innovative Last Drop Wrench incorporates a puncture and drainage system to drain oil from and above the filter in a controlled manner before removing the filter, reducing burns and spills during oil changes. Founded by Steven Owens, an engineer turned entrepreneur, the company aims to streamline the vehicle oil changing process for DIY enthusiasts and automotive service departments, offering efficiency, faster production, and less mess. The Last Drop Wrench has gained recognition in competitive fields, including being a top 10 finalist in the 2018 SEMA Launchpad Entrepreneurial Competition, positioning it as a potential game changer in the specialty tools marketplace.