CONNECT THE QUOTATIONS Heart of Darkness. CONNECT THE DOTS. CONNECT THE IDEAS.
Finova Connect
12
July 2015
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Transcript of Finova Connect
July 2015
Problem defined
2
Car dealers and independent mechanics spend a lot of money on retaining their customers.
https://angel.co/finova
Solution presented
3
Spend less on retaining your customers with help of remote diagnostics of their vehicles and via direct communication.
We present technology that allows you to collect, compute and transmit data from the car.
It consists of the telematic device that is plugged into the standard diagnostic port under the dash, mobile applications (b2c) and web office for the service station (b2b).
https://angel.co/finova
● the device connects via vehicle’s diagnostic port (OBD-II)
● scans and computes basic data about the car
● data is transmitted via secure HTTPS protocol w/ 128-bit AES encryption and is stored in the Google inc. cloud
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● vehicle monitoring● direct chat with the dealer● emergency calls● accounting of rides and
supporting expenses
● full list of clients’ cars● each car condition monitoring● direct communication channel
with customers
Introducing Finova Connect
https://angel.co/finova
Result expected
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Service companies have the ability to monitor customers’ cars condition remotely. Expenses on clients retaining become lower.
The client receives live updates and timely notices on any malfunctions in his car and has an opportunity to solve the problem and to set up an appointment for further garage services at his convenience. This, in turn, results in more loyalty.
https://angel.co/finova
https://angel.co/finova
https://angel.co/finova
https://angel.co/finova
Market alternatives (b2c solutions only)
10
● TechStars alumni● $99,99(or bring your own
device ©)● founded in June 2012● $1m raised
● 500 Startups alumni● $185 (annually)● founded in October 2012● $10,3m raised
● YCombinator alumni● $99,95 (annually)● founded in 2011
● $99,95 (annually)● founded 2012● $18m raised
https://dash.by/ https://www.moj.io/ https://www.automatic.com/ http://zubie.com/
«The number of cars connected to the Internet worldwide will grow more than sixfold to 152 million in 2020 from 23 million now», according to IHS Automotive researcher.
https://angel.co/finova
Business Model (planned)
Major customers:Official car dealers and car repair stations
Subscription model:$ 250 per 1 connection / yearly (includes hardware, installation and CRM system)
Customer mobile applicationfree
https://angel.co/finova
12
Your feedback is essential
We developed a form with a few crucial questions.
It will take you no more than 5 mins to fill it in – http://bit.ly/1fn1P6C Please help us become better.
Thank you in advance!
https://angel.co/finova
