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West, USA

Short Summary

Otmo; Faster, better, transparent alternative to auto warranties; 1 year in business, 200+ members, 1k followers on Facebook, $100k in membership fees collected; Revolutionary approach to automotive coverage in a national market of $259bn (2017)

Highlights

  • Huge growth potential. Large market.
  • Already in business with proof of concept
  • Membership growth on average of 25 Percent MoM
  • Feedback from members is extremely positive.
  • Feedback from repair facilities is very positive.
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Angel Investment Network (“AIN”) is not a Stock Exchange nor does it intend to get recognized as a stock exchange under Securities Contracts Regulation Act, 1956. AIN does not facilitate any online or offline buying, selling or dealing of securities, clearing or settlement of trades of securities. AIN is not a network or a platform for the secondary market trading.

Overview

Target
Rs.3,50,00,000
Minimum
Rs.70,000
Investment Raised
N/A
Previous Rounds N/A
Stage Achieving Sales
Investor Role Any

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