Autocorp.ai

Autocorp.ai provides a fintech platform designed to streamline the automotive retail process for dealerships. The company was founded in 2019 by Andrew Lemoine, who has an extensive background in the automotive industry, having worked his way up from washing cars to general manager roles. Frustrated with the industry's "archaic" approach to financing, he co-founded the company with Jason Groulx, Kole Hicks, and Collin Glass to digitize and improve the car buying and financing experience.

The company's core offering is its AVA™ platform, a suite of software tools for car dealerships. Key features include "soft pull" credit checks in partnership with Equifax, which allow dealers to pre-qualify buyers without impacting their credit scores, real-time identity verification to combat fraud, and trade-in valuation tools powered by Canadian Black Book. The platform consolidates lead generation, credit approvals, ID verification, trade-in valuations, and finance and insurance (F&I) processes to accelerate sales cycles. Other tools include a predictive credit score feature, automated test drive scheduling, and AVA™ MatchBook, which automatically matches lender approvals with a dealer's available inventory.

Autocorp.ai operates on a subscription-based business model, serving over 650 auto, RV, powersport, and marine dealerships across Canada. The company has demonstrated significant growth, being named Ottawa's fourth fastest-growing company in 2024. Initially funded by its founders and angel investors, the company has since secured venture capital funding and is planning to expand into the U.S. market.

Keywords: automotive fintech, dealership software, auto loan financing, lead qualification, credit verification, identity verification, trade-in valuation, automotive retail, digital retailing, fraud prevention, automotive SaaS, F&I solutions, AVA platform, soft pull credit check, Canadian Black Book, Equifax partnership, inventory matching, dealer management