Caknow

About the offering

At CAKNOW, we want to make car repairs as quick and easy as shopping online. No need to waste time searching for the right local mechanic, no need to fear getting overcharged, and no need to wait around for your car parts to come in--CAKNOW is an app built to ease the stress of fixing cars by reimagining the business of getting them fixed. CAKNOW is a free, real-time, auto service bidding app designed for all car owners. With just a tap on your mobile device, CAKNOW instantly connects you with a list of local auto specialists who bid for your business. You then select the service, availability, and price that's best for you! CAKNOW also provides participating auto shops access to an online stock of same-day delivery auto parts to cut down on repair times. Once your car has been fixed, payment is then finalized through the app in the same way you would when using Lyft or Uber. We created CAKNOW because we value our time, and so do our investors. In 2016, we raised $1.02 million in angel funding to develop the app, and to conduct market research. As of now, CAKNOW has over 2,500 pre-registered mechanics in the cities of Burbank, Glendale and Pasadena. In September of last year, we launched our Beta version, and are now ready to take the next steps to complete the app, enhance our marketing, and expand our reach. CAKNOW's convenience and speed is where the power of our product lies, but we also know there are additional benefits to our app. The bidding process doesn't let auto shops see, hear or trace potential customers, making any fear of pricing biases disappear. Our app also provides diagnostic tools and online communities/forums to help car owners learn more about their cars and the real cost of items and services. By empowering drivers and supporting independent auto shops, together we can revolutionize(renew or advance) the auto industry itself.

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