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Submitted URL: https://tr-5.tlink.re/t/ibanIxPQbE25JX16YtKJdA/l/GDDxGcWx-kiVgalbCPOjog/m/c6siWqA25USrXZpFNAXT5w
Effective URL: https://wefunder.com/vehiko/
Submission: On June 16 via api from CA — Scanned from NL
Effective URL: https://wefunder.com/vehiko/
Submission: On June 16 via api from CA — Scanned from NL
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* Explore * Raise Funding * FAQ * * Login * Signup INVEST IN VEHIKO đ„ DISRUPTING AND REINVENTING THE BUSINESS MODEL FOR SELLING NEW CARS! đ Share SPREAD THE WORD Help Vehiko get the funding they need EARLY BIRD TERMS: $47,540 LEFT $102,460 of a $150,000 goal INVEST min $100 $ Invest Watch for updates INVESTMENT TERMS $8M$5Mvaluation cap Future Equity Early Bird Bonus: First $150K will invest in a SAFE with a $5M valuation cap and 30% discount. A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $5M eventually. Learn more about SAFEs LEAD INVESTOR Gennady Greizman Vehiko's vision is the next logical step in the car buying experience. More choice, more flexibility, more competition will keep buyers happy. Dealers will enjoy a simplified way of getting clients, reducing marketing costs. Edward is a great entrepreneur, his experience and passion make me a strong believer in the success of Vehiko. His technical and financial background and management skills will ensure reaching the short and long term goals of the company. Invested $1,000 this round Learn about Lead Investors 3:58 demo.vehiko.com Darien CT Technology Software SaaS B2B Robotics Overview Details Updates What People Say 10 Ask a Question 8 HIGHLIGHTS 1 đ Market Size: $13.29 billion of automotive digital ad spending in the US in 2021 2 đč Market Size: The automotive software market is anticipated to reach $13.6 billion by 2024. 3 đ SaaS solution and marketplace shaping the future way people will buy new cars! 4 đž A sales automation software to increase new car dealerships' sales pipeline! 5 ⥠Vehiko is a marketplace and web integration tool with âAI functionalitiesâ 6 đ„ Vehiko uses artificial intelligence and machine learning to improve user experiences. 7 đ Vehiko's founder is an entrepreneur with decades of experience. -------------------------------------------------------------------------------- OUR FOUNDER Edward Agabs CEO & Founder Founder of BoatQuest.com, a marketplace for yacht sales. Landed 50% of all U.S. yacht brokers as clients. Acquired by Active Interest Media. CFO/COO of ClickPay, a fintech. Instrumental in fueling 450% sales volume growth. Acquired by RealPage. Like everyone else, I dread the actual new car buying process. So, I thought it must be a way to do this online without ever stepping afoot at the dealership. Why Tesla does it and why can't dealers do it? -------------------------------------------------------------------------------- WEâRE REIMAGINING AND ELEVATING THE CAR-BUYING EXPERIENCE SOME FACTS We all know that 2020 created huge shifts in consumer habits and behaviors â from the way we shop, work, eat and even how our kids learn. Our world has become much more digital, and companies have embraced contactless business models almost overnight. Of course, this shift to digital has had a profound impact on the automotive industry. WHAT DOES THIS MEAN FOR DEALERS? Consumers are making it clear that digital retailing is here to stay. In fact, 64% of shoppers want to do more of the purchase process online the next time they buy a vehicle. And dealers agree that digital retailing is key to a long-term winning strategy â with 75% of dealers acknowledging that they wonât be able to survive without it. Other key findings from dealers: * 61% say digital retail efforts allow them to spend less time on a sale. * 53% believe it helps improve the customer experience. * 75% agree that digital retailing provides shoppers with a more customized experience. HOW IS VEHIKO LEADING THE WAY? We know digital is the future. We are launching a full suite of solutions that we offer through enhanced integrations delivering a complete new car buying experience. A sales automation SaaS/RaaS Solution with âAI functionalitiesâ that will bring car buyers and franchised car dealerships into a unified digital Marketplace to ensure for more buyer-friendly new car buying experiences in an increasingly digital world. Weâll help dealerships automate customer conversions and internal processes through Robo-bidding AI, (Robots as a Service). Think JARVIS for business. We are eliminating the need for salespeople. ï»żï»ż HOW IT WORKS? Vehiko is working to create a competitive auction-type marketplace through a regional and national network of new car dealers. A prospective car buyer would log into the Vehiko website/app and virtually build the car they want and identify the price. Then we match specs with the dealersâ inventory within the geographic radius, who then âsubmitâ competitive pricing (bid) which is actually done by our Robo-bidding AI. If the buyer receives a quote/bid that is agreeable, the entire purchase can be conducted through Vehikoâs platform. If the quotes/bids do not meet the buyerâs requirements, there is no commitment to buy. The buyer has 24 hrs to swipe right or left (Tinder) offers he/she gets from the dealers. The buyer remains anonymous while dealers bid down the selling price. ADDRESSABLE MARKET WHY VEHIKO? SOME STATS * In 2021, automotive will account for 8.1% of all US digital ad spend. The automotive industry represents a significant portion of overall marketing spend in the US. (source: eMarketer) * 95% of vehicle buyers use digital as a source of information. Since auto purchases are highly considered, the vast majority of vehicle shoppers use online resources to find answers to their questions. (source: Google) * 2x as many automotive consumers start their research online versus at a dealer. Todayâs automotive consumers are informed and knowledgeable since they self-educate online before they ever make contact with a dealer. (source: Google) * 76% of new and used vehicle shoppers run a search before buying. Automotive consumers overwhelmingly turn to search engines to find dealerships and get answers to their questions. (source: LSA) * Automotive consumers visit an average of 4.2 websites in their purchasing process. Oftentimes, they will use multiple devices throughout this process. (Source: Cox) * The average automotive shopper spends 33% of their research time on a mobile device. This uptick in mobile usage during the research process drives millions of calls to US dealerships through digital ads and click-to-call buttons. (Source: J.D. Power) * Car buyers spend an average of nearly 14 hours online during their search. To appeal to the âalways connectedâ shopper, you must optimize the car-shopping experience across all devices. (Source: Cox) PITCH DECK Forward-looking projections cannot be guaranteed. SUMMARY Vehiko is embarking on a novel path that can reinvent the business model for selling new cars. We donât let the dealership be defined by the walls that hold up the roof. Potential customers are everywhere. The flexibility to engage with customers on their own terms in an office, home, or coffee house with video chat or AR/VR, or intelligent chatbot and our reverse auction model to deliver the best pricing can be integral to auto retailing going forward. To bring this concept to life, Vehiko is seeking $2 million in funding to develop the platform and establish our dealer network. DOWNLOADS Vehiko_Pitch_Deck.pdf Overview Overview Details Updates What People Say Ask a Question Invest Welcome to Wefunder -------------------------------------------------------------------------------- Wefunder is a Public Benefit Corporation. Weâre here to fix capitalism. 2012-2021 IMPACT REPORT * Our Story * Jobs * Blog * Press * Get $2500 * Investor FAQ * Founder FAQ * Guides * Support * App Store * Google Play -------------------------------------------------------------------------------- Wefunder means Wefunder Inc and its wholly owned subsidiaries: Wefunder Advisors LLC and Wefunder Portal LLC. This page is hosted by Wefunder Portal LLC. Wefunder Portal LLC is a member of the Financial Industry Regulatory Authority (FINRA). Investing on Wefunder is risky. Donât invest more than you can afford to lose. IMPORTANT DISCLOSURES TERMS PRIVACY English Spanish