The Connected Car Smart OS

The connected car smart OS with value-added service recognized by Audi, Daimler & BMW.

  • Preinstalled car OS with deep customization and rich internet service Ecology for global leading OEMs like Audi.

  • New OS users can enjoy real connected car life with all new user experience & lower their car usage cost.

  • The OS can promote car sales & generate sustainable service revenue & empower OEM evolving from car maker into mobility service provider.

Founder : See Below
Location : China
Target : $7,240,000
Share Type : Preferred Stock

Business Overview

1. Clients:
- Car Makers / OEM: Supplier for Audi, VW, ChangAn, Luxgen;
- Potential Clients: BMW, Jaguar, Land Rover, Daimler Benz, Toyota, Nissan, etc.
- Mobility Service Provider: SAIC EVCARD

2. User Forecast (5 Years):
- 5 Million in current OEM projects
- 15 Million in new potential OEM projects

3. Revenue & Profit:
- NRE (Gross Profit 35%):
a. 2018 $1.605 Million;
b. 2019 $3.77 Million;
- License Fee (Gross Profit 50%):
a. 2019 $6.35 Million;
b. 2020 $23.3 Million;
- Value-Added Service Revenue (Gross Profit 80%):
a. 2019 $0.6 Million;
b. 2020 $17 Million;
c. 2021 $75.1 Million;
d. 2022 $170.5 Million;

Transaction Overview

1. Angel Round (2014): 10 Million RMB ($1.45 million)
2. Round A (2016): 30 million RMB ($4.35 million)

Investment Highlight

1. Car user entry controller (Target 15 million high-end car users)
2. Qualified Tier 1 Supplier in 5 OEM within one year & expanding more;
3. Internet Business Model Revenue (>60% profit rate)
4. More competitive than “BAT” (Baidu, Alibaba, Tencent)
5. 8 years’ experience in Android development (incl. 4 yrs in Android Connected Car OS)
6. 14 years’ experience in internet user operation

About Management Team

1. Founder & CEO:
- Former PPTV Co-Founder & Multi-Terminal Department GM (2004 – 2014)
- PPTV was No.1 in mobile video market (2011-2013)
- 450Million User, DAU 20Million+
2. Partner & COO:
- Former China Telematics Senior VP
- Former Amap (Autonavi) core team member
3. Partner & CMO:
- Former Geek Academy Co-Founder

About Our Product

1. Connected Car Smart OS: V1.0 launched in 2015, V3.0 launched in 2017;
2. Good Looking & Easy Using HMI with Over 100 innovative features;
3. Voice Assistant deep integration (work with iFlytech, AISpeech, Unisound, Alexa, etc.)
4. Super ID (Account Linkage between car user ID & 3rd party App ID)
5. Apps & App Market (Open Ecology)
6. Big data & AI driven value-added service (car services, life services & entertainment)
7. Adaptable on multiple hardware platforms (Qualcomm 820A, Freescale iMX6/iMX8, Intel x86 Atom, etc.)
8. Deep customization for OEM scope: Connected Car OS, service cloud, Mobile App & WeChat MiniApp;
9. Honors:
• 2018 Daimler ConneXt Hackathon Greatest Business Value Award
• 2017 Audi Innovation Lab Final Champion
• 2017 BMW Innovation Day Innovation POC Cooperation

About Industry

1. Opportunity:
- Connected car smart OS is the next channel for user approaching after PC, smart phone, OTT TV. Car connection rate will grow from 15% to over 75% by 2021 with the new car volume at 30 million units according to market forecast.
- CP/SP (Content/Service Provider) are providing their apps or services for car OS based on Android. Especially Tencent just launched WeChat car version only for Android in Nov 2018 showing the bright future.
- Android based car OS and apps is getting popular in users and OEMs because of its ecology advantage. Starting from Audi, other OEMs will definitely follow suit soon.
2. Pain Points in Auto industry:
- Traditional car OS provided by hardware suppliers cannot meet the user demand because hardware suppliers do not have the knowhow of internet services and user operation. Users complain and have to use mobile phones instead of car infotainment.
- Car OEMs profit is getting less & less and no revenue from online services. On the other hand, users’ car usage and mobility spending is very high every year within 8 -10 years life time usage.
3. Connected Car OS is the Solution
- Connected Car OS with various online services & OTA update give user excellent experience in driving scenario.
- New business model of online services can bring Car OEM sustainable revenue every year meanwhile users also benefit from convenience & discount.

Financials

1. This Round (Round A+):
- Financing Amount: 50million RMB ($ 7.24 million)
- Pre-money Valuation: 350million RMB ($ 50.72 million)
2. Last Round (Round A)
- Financing Amount: 30million RMB ($ 4.35 million)
- Post-money Valuation: 150million RMB ($ 21.74 million)

About Competitor

1. Main competitors are BAT (giant internet companies in China)
- Banma (Alibaba), DuerOS (Baidu), AI in Car (Tencent), together called “BAT” who are eager to get car users by from car OEMs. Car OEMs want to use BAT services but do not want to give the connected car OS project to BAT, OEMs are very cautious not to become hardware factory for internet companies like BAT.
- We can provide the best CP/SP service from BAT and meet user/OEM demand, also have the internet business model and revenue share with OEM;Already beat BAT in several projects.
2. Traditional infotainment system suppliers are not really competitors.
- They are selling hardware & software together or focusing on OEM software outsourcing business with no advantage in internet services and business model. Meanwhile, due to selling hardware & software together, the business with OEM is very difficult facing other hardware suppliers’ competition. So, they can only get few car models.
- We have no competition with existing hardware suppliers since we do not supply hardware. So, our OEM projects are moving forward smoothly, and our OS can cover full range.

Exit Strategy

Available for discussion with registered investors.
Risk Warnings
Disclosure: Investing in startups carries a high degree of risk. In general, financial and operating risks confronting both early and developmental-stage companies, as well as more mature expansion-stage companies are significant. Many emerging growth companies go out of businesses every year. It is difficult to know how companies will grow, if at all, or what changes may occur in the market. A loss of an investors entire investment is possible and no profit may be realized. Investors are responsible for conducting their own due diligence. * It should not be assumed that recommendations made in the future will be profitable or will equal the performance of securities in this list
1. Connected Car Smart OS: V1.0 launched in 2015, V3.0 launched in 2017;
2. Good Looking & Easy Using HMI with Over 100 innovative features;
3. Voice Assistant deep integration (work with iFlytech, AISpeech, Unisound, Alexa, etc.)
4. Super ID (Account Linkage between car user ID & 3rd party App ID)
5. Apps & App Market (Open Ecology)
6. Big data & AI driven value-added service (car services, life services & entertainment)
7. Adaptable on multiple hardware platforms (Qualcomm 820A, Freescale iMX6/iMX8, Intel x86 Atom, etc.)
8. Deep customization for OEM scope: Connected Car OS, service cloud, Mobile App & WeChat MiniApp;
9. Honors:
• 2018 Daimler ConneXt Hackathon Greatest Business Value Award
• 2017 Audi Innovation Lab Final Champion
• 2017 BMW Innovation Day Innovation POC Cooperation

This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.




This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.




This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.




This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.