Welcome back to the latest episode of “The Future of Automotive” on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry.
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us this week.
I’m thrilled to announce that Assurant Ventures, the venture capital investment arm of publicly-traded Assurant, Inc., has made an investment in Automotive Ventures’ Mobility Fund II.
Assurant is a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world’s leading brands.
Assurant Ventures is dedicated to investing in transformative businesses that align with Assurant’s business.
Assurant’s investment aligns both of our companies, providing a powerful opportunity to co-invest in tools and technologies that support our automotive dealer partners in the evolving mobility space.
The Automotive Ventures Mobility Fund II is our third fund.
Automotive Ventures has made 40 investments out of three funds; has $35 million under management and typically invests $250,000 USD into seed-stage mobility startups around the globe.
We’re thrilled to have a chance to work with Assurant Ventures in the new fund. We look forward to sharing deal flow, working collaboratively with their team, and co-investing in early-stage startups across the mobility spectrum.
So, with that, let’s transition to Our Companies to Watch.
Every week we highlight interesting companies in the automotive technology space to keep an eye on. If you read my weekly Intel Report, we showcase a company to watch, and we take the opportunity here on this segment each week to share that company with you.
Today, our new company to watch is MyDealerKPI.
Dealers are using MyDealerKPI to access real-time and accurate analytics to guide informed decision-making.
The MyDealerKPI Dashboard simplifies this process with just one click, offering a comprehensive overview of Sales, F&I, Service, Parts, Schedules, and Financial Statement analytics.
Gain deeper insights into your dealership’s performance, identify opportunities for growth, and make data-driven decisions effortlessly. With MyDealerKPI, analytics becomes your strategic ally, providing you with the information you need to drive the business.
If you’d like to learn more about MyDealerKPI you can check them out at www.mydealerkpi.com
So that’s it for this week’s Future of Automotive segment.
If you’re an AutoTech entrepreneur working on a solution that helps car dealerships, we want to hear from you. We are actively investing out of our DealerFund.
Don’t forget to check out my first book, “The Future of Automotive Retail,” and my brand-new book, “The Future of Mobility”, both of which are now available on Amazon.com.
Thanks (as always) for your ongoing support and for tuning into CBT News for this week’s Future of Automotive segment. We’ll see you next week!
