“Now that we have proven the value of our software platform in the marketplace, we are pleased to be working with Monnsoon in order to scale our business”
Toronto, Ontario (PRWEB) July 31, 2014
AutoServe1, a tablet based inspection platform for auto service centres, announced today that the company has raised growth capital from Monnsoon. AutoServe1 will use the funds to expand on its existing software product suite and add additional sales headcount.
“Now that we have proven the value of our software platform in the marketplace, we are pleased to be working with Monnsoon in order to scale our business,” said James Cuthbert, AutoServe1 President
AutoServe1 helps auto service centres increase sales per vehicle-visit by more clearly explaining the benefits of repairs required on a customer’s vehicle and mitigating the lack of trust.
“AutoServe1 perfectly fits our investment strategy, which allows us to accelerate a software company with significant growth potential and market opportunities by leveraging a combination of capital, our network and expertise,” said Alan McMillan, Managing Director of Monnsoon.
Monnsoon invests in early stage companies developing software in Big Data, IoT, Smart Grid or unique Business to Business focused solutions. It adds additional value to its portfolio of companies with centralized management capabilities, as well as providing research and development expertise.
AutoServe1 provides a customer centric workflow to allow the aftermarket auto shop to communicate with their customers using actual photos of problem parts, educational animations, and real-time communication with remote customers.