Enabling OEMs, distributors, and dealers to sell more vehicles in the…
Who
Ekho (www.ekhodealer.com) is transforming the way vehicles are bought and sold. As the ‘Stripe Checkout’ for new vehicle sales, our licensed e-commerce platform enables manufacturers (of cars, motorcycles, RVs, golf carts, you name it) to sell vehicles compliantly from their own websites. Through our white-label online sales channel, buyers are able to complete a full vehicle purchase entirely online in minutes.
Why
If you tried to purchase a new vehicle online from almost any manufacturer’s site right now, odds are that the closest you’ll get is locating your nearest dealer… It’s 2024 and almost all vehicle manufacturers don’t have an online sales channel where online buyers can convert.
Selling vehicles in the U.S comes with lots of baggage. Selling through traditional channels - brick and mortar dealerships - is costly to build out (takes years to get full coverage, costs millions) and comes with significant downsides (no online sales, significant margin costs, lost control over the CX). The alternative - selling D2C - comes with significant legal, technical, and operational complexity:
Legal: Manufacturers are legally unable to sell direct to consumer in a vast majority of states
Technical: supporting end-to-end, online sales requires piecing together disparate features with state-specific requirements including financing, insurance, titling and registration, and more. Most - if not all - solutions tackling these features are built for the in-person dealership use case and have not been translated into the online domain
Operational: managing all stakeholders (end buyer, state agencies, insurance carriers, lenders, & delivery partners) on a per-sale basis requires significant effort and intention
Manufacturers need an online sales channel and traditional methods don’t cut it. Selling direct themselves means limiting the number of markets they can reach and adopting another core competency. We provide an online sales channel out-of-the-box that comes with the benefits of a D2C sales motion without the legal or technological complexity of OEMs doing it themselves.
Growth
We’re partnered with iconic manufacturers who ship thousands of vehicle each year - from massive legacy OEMs to well-capitalized new EV entrants - and we’re poised for significant growth. We are backed by world-renowned investors including Y Combinator, the Tesla alumni fund, and some of the largest dealership groups and dealer owners in the US.
Here are some examples of our software in the wild: MOKE, LAND Moto, Maeving Motorcycles, Janus Motorcycles