
Lyteflo
EV Revenue Platform enhancing dealership sales, service retention, and precise appraisals with subscription-based solutions.
Date | Investors | Amount | Round |
---|---|---|---|
* | $3.0m | Seed | |
Total Funding | 000k |
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Lyteflo operates in the electric vehicle (EV) market, providing a comprehensive platform designed to enhance dealership operations. The company focuses on accelerating EV sales by transforming sales teams into EV experts, thereby increasing trust and speeding up the sales process. Lyteflo's platform offers transparency in EV affordability, empowering dealerships with greater pricing power. The business model is subscription-based, with all products offered on a monthly fee basis. Lyteflo serves automotive dealerships, helping them sell more EVs, retain service customers, and appraise EVs accurately. A key feature is the Certified Battery Reports, which provide precise appraisals and annual battery health checks, addressing the primary concern of battery health for customers purchasing used EVs. The platform also supports hybrid vehicles, ensuring a broad market reach. By focusing on these areas, Lyteflo aims to increase gross profit on each sale and maintain customer connections post-sale.
Keywords: EV sales, dealership platform, subscription model, battery health, pricing power, service retention, appraisals, hybrid vehicles, customer trust, automotive market.