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Autoly Inc.

Autoly is a platform that connects clients (using autoly app) with vehicles (with attached BLE beacons) and showrooms (using the dashboard)

Photo of Mohamad Sibai
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Android and iOS mobile app that connects to proximity sensors plugged inside vehicles collecting proximity information, cloud backend is storing and analyzing this information to provide better insights to showrooms and anonymous communication channel enabling salespersons to reach out to clients who showed high interest in vehicles. The app passed in three stages so far:

  1. MVP used to present the idea and test the market,
  2. Version 1 is in the final stage and
  3. secured Early adopters


How will your solution benefit residents, workers, or visitors in the Michigan Central Station impact area? (1,000 characters)

A simple subscription model for dealerships, an easy to use mobile app; UI/UX is tested in showrooms with real clients and it is the first auto sales app that provides: 1) Proximity features 2) Client Engagement analytics 3) Anonymous communication channels with prospects and 4) Enable clients to evaluate salespersons based on interactions.

Describe your solution's stage of development

  • Prototype - you have built a prototype and tested it with potential users

Tell us about your team or organization (500 characters)

Mohamad Sibai, founder and (CEO), has 18+ yrs of IT experience & currently works as the IT Strategic Planning Advisor with the Government of Ontario. He holds a BSc in Computer Engineering & MMIE from Smith School of Business. Nabil Espita, COO has 16+ years of experience in managing enterprise projects & programs. He holds a BSc & MSc in Electronics and Telecom Engineering and doing a PhD at York University in Electrical Engineering, Specialized in BLE Sensors and Blockchains.

Size of your team or organization

  • 2-10

Team or Organization URL

https://autoly.io/

Are you submitting as a student team?

  • No

Are you submitting as a team from the Impact Area?

  • No

Funding Request

  • $250,000

Rough Budget (500 characters)

Pilot and scale in production.

Describe how you would pilot your idea (1000 characters)

According to the “Canadian Industry Statistics” from the “Innovation, Science and Economic Development Canada”, we are targeting a $3+ Billions net revenue industry, and that is only in Canada. We are targeting the New, used and other motor vehicles dealerships, which all sums up to 17,200 dealerships, one third of them (5,800) of them are based on Ontario, that’s about $1 billion net revenue. The US market can be roughly measured as a 10x the size of Canada market. We have seen a high demand in the used cars industry even with the new cars dealerships, which shows a high turn-over of the used cars being sold. We are planning to charge per vehicle sold.

Describe how you would measure the success of your pilot (1000 characters)

Success is measured by the number of new subscriptions and the retention rate.

Sustainability Plan (500 characters)

Autoly free mobile app connected to a cloud-based solution with a subscription model for dealerships (Annual subscription or pay as you go). This is a self-funded venture. Main source of revenue will be from subscriptions. Other source of revenue is from data analytics and insight reports and by certifying affiliates in different geographical region to provide services, support and sales. We are confident that we can break even by 2021 and anticipate up to 3x annual growth.

Social Media

https://www.linkedin.com/in/msibai/ https://twitter.com/mjsibai

1 comment

Join the conversation:

Comment
Photo of Mackenzie Fankell
Team

Hi Mohamad Sibai Thank you for sharing this proposal! I am a Michigan Central Station Challenge facilitator. It sounds like your solutions is a great way to connect customers and dealers and collect information about the customer. Can you tell me a little bit more about how your proposal will address our challenge question and areas of opportunity within the impact area? I look forward to hearing more!

The Challenge Question
How might we improve mobility for residents, workers, and visitors of the Michigan Central Station Impact Area today while also preparing for the future of the area?

Opportunity Areas
Improve Access to Mobility Information
Make Mobility More Affordable
Build an Inviting Environment
Connect People, Places, and Opportunities
Other