Invest in Automatic: The Fintech platform that connects independent auto dealers and lenders | Wefunder

min $100

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 $24M eventually

Automatic is an disruptive finTech platform connecting independent used auto dealers with lenders and finance & insurance vendors. Essentially, we’re modernizing the archaic and fragmented independent dealer financing market

In building our software, we looked at existing solutions and closed the gaps. The result? Our platform saves independent dealers time and manual labor, while helping them close deals quickly through time-efficient approvals

The used car market has exploded during COVID, leading to an increased need for digital innovation in an industry that has famously failed to modernize. Already, we’ve partnered with 600+ dealerships, and we’re growing at 10-20% every week

Dealers need our solution more than ever, and we’re confident we can embed our platform into their workflow during this key time to secure lasting, lucrative partnerships.By investing now, you’ll get in on the ground floor as we capitalize on a window of opportunity never before seen in this market

Right now, this trend is rising side-by-side with increased demand for remote solutions. Our platform serves both of these needs simultaneously, positioning us at the center of two fast-growing markets. In hard times, used car sales significantly outperform new vehicle sales

(extremely rare!)—and we expect to continue this trend with robust growth across the years to come.In year one alone, we’ve achieved positive net income

Think of us as the “better mortgage of the auto industry.” We're not offering a new solution, we’re improving upon an existing solution with superior UX and integrated vendors, while focusing on the underserved independent dealer market

Between our one-of-a-kind platform and a liquidity crunch in the market (caused by other lenders pulling out of the space) , we’re growing fast...and we expect to continue to do so. With this in mind, Invest now for a chance to capitalize on this key window of opportunity alongside our experienced team.we’re actively improving our product, making key hires, and refining our loan program to position ourselves as the #1 lending solution provider for independent dealers

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