Groundbreaking Auto Repair Shop Finder App CAKNOW Launches Equity Crowdfunding Campaign at StartEngine.com

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Investors are invited to purchase Class B common stock, with special perks pegged at $500, $1,000 and $10,000 levels. Investment funds will be used to support the company’s product development and strategic growth plans, respectively.

Car Repair, Car Maintenance, CAKNOW, Automotive Repair, Car Service, Car app, oil change, mobile app, brakes, tires, engine, muffler, LA auto shop, car mechanic, mechanic shop, auto shop, service shop

Automotive Repair Service at Your Fingertips

CAKNOW's convenience and speed is where the power of our product lies, but we also know there are additional benefits. For example, the bidding process doesn't let auto shops see, hear or trace potential customers, which eliminates any concern of pricing bias.

Groundbreaking Auto Repair Shop Finder App CAKNOW Launches StartEngine.com Equity Crowdfunding Campaign

Investors are invited to purchase Class B common stock, with special perks pegged at $500, $1,000 and $10,000 levels. Investment funds will be used to support the company’s product development and strategic growth plans, respectively.

CAKNOW, a groundbreaking app that links consumers with automotive service professionals in their area, has launched a StartEngine.com equity crowdfunding campaign to support the company’s product development and strategic growth plans, respectively.

Investors are invited to purchase shares of Class B common stock, with special perks pegged at $500, $1,000 and $10,000 levels. In 2016, CAKNOW raised $1.2 million in angel funding. Full campaign details, including market analysis data and a forum for prospective investors to Q&A with CAKNOW executives, are available at: https://www.startengine.com/caknow.
StartEngine.com helps entrepreneurs raise capital from the public per the JOBS Act (2012), which removes common barriers that growing U.S. businesses have faced for decades. To date, StartEngine.com has helped companies raise over $35 million from the public through its unique equity crowdfunding platform.

Available as a free download from http://www.caknow.com (web) or the Apple App Store (iOS), CAKNOW is a powerful, yet simple-to-use solution that lets consumers browse reputable independent auto repair shops in their local area, and request quotes for various services ranging from regular maintenance such as an oil change, tire rotation or tune up, to fixing specific issues such as a faulty transmission, engine stalling or noisy performance. To make a smart choice, consumers can also read unbiased reviews, and communicate with potential auto repair shops via email or phone.

Once consumers accept a quote, they simply make an appointment at a suitable time. When service is completed, they securely pay through the app, and are encouraged to leave a detailed review of their experience.

In addition to being a game-changer for consumers, CAKNOW connects automotive service professionals with thousands of potential local customers, but at a fraction of the cost of conventional advertising and marketing. Shops can also order parts from CAKNOW’s fully-stocked online store, and have them ready when customers arrive. Eliminating waiting improves staff and operational efficiency, revenue capacity and customer satisfaction.

All shops regardless of size have fair and equal exposure to CAKNOW’s constantly growing database of vehicle owners, which currently covers the Los Angeles and Orange County markets. Per the company’s strategic growth plan, CAKNOW intends to expand throughout California, followed by national market penetration.

“We created CAKNOW because we value our time, and so do our investors,” commented Vance Xiang, CAKNOW’s Founder and CEO. “Currently, we have 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.”

Added Xiang: “CAKNOW's convenience and speed is where the power of our product lies, but we also know there are additional benefits. For example, the bidding process doesn't let auto shops see, hear or trace potential customers, which eliminates any concern of pricing bias. At the same time, our app also provides diagnostic tools and online communities and forums, which help consumers learn more about their cars, and the real cost of items and services. By empowering drivers and supporting independent auto shops, CAKNOW is re-inventing the auto repair industry.”
For additional information, visit http://www.CAKNOW.com, and follow CAKNOW on social media: Facebook, YouTube, Twitter, Instagram, Google+ and LinkedIn.

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Vance Xiang
CAKNOW Technology Inc.
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