Since the serial entrepreneur Joel Milan successfully sold mobile auto repair service to repair repair repair repair, and then he was suffering from a permanent problem.
There is a problem of communication in the automotive retail industry. And it’s a cost. Thousands of dealerships and mechanic shops – each has a row of software systems – a common language lack to facilitate interaction with manufacturers and other businesses.
“We face the problem,” How do you work with dealerships and shops and talk to them because you are trying to repair cars and do business or participate with them? ” “And it’s very scattered, very difficult, very expensive that all these customs integrations are to be built with different stores.”
For example, the average dealership relies on more than 40 different software systems, including dealer management system and customer relations management tools to digital retail, service, inventory, and payment processing platforms.
Milan compared it to the financial services industry 20 years ago. The Fintic Company, Pilled, which connects bank accounts with financial requests, helped stop the communication gap. Milan wants to do the same, but for automotive retail.
Millen is now a new startup founder and CEO called Auto Yunafi, who has created an API to allow dealership and service shops to interact with manufacturers and software vendors in real -time that strengthens their operations.
Autonifi has been working quietly for nine months and is based in Santa Monica, California. After piloting with several consumers in 2024, the autonomy is now opening its sales to the industry.
The latest start of a multi -year partnership between Auto -Nafi -up.com and Porsche is coming out. Startups have collected 5 million in a round -round headed partners. These funds will help start their workforce from the end of the year to the end of the year.
“The rest of the year is really the focus of this technology and is building a sales pipeline,” he said.
Up.Labs is not a venture firm, though it has emerged, and works in parallel. This is not even a corporate accelerator or incubator. The company, who launched during this up.summit 2022 In Bantonville, Arkansas, a new type of financial investment vehicle is formed as a venture lab.
UP.Labs attack partnerships with major corporations. At an extraordinary turning point, this startup doesn’t just serve the company, in this case, Porsche. To succeed, they will have to be able to serve the wider market.
UP.Labs Alaska Airlines and JB Hunt are locked in similar deals.
John Kolat, CEO of up.labs, said he had disclosed the biggest challenges of the automotive industry while working with Porsche. To date, companies have launched four startups, including bridges systems, a software service platform that provides EV suppliers, manufacturers and operators, and Senso Performance Management software, which has created an AI platform that provides the technical techniques for the technical techniques.
According to COLT, Autonifi is the fourth start of it, and it is difficult to solve the most important and most difficult.
“This is exactly the same development for which we prepare: a company that not only deals with a technical challenge, but also basically gives a new look at how the whole industry operates,” he said.