The Car Savior

The Car Savior is an online car repair marketplace designed to make car repairs faster, easier, and more convenient for drivers and the mechanics. Drivers can go to the Car Savior website or app and describe their car problems through an online questionnaire, and the Car Savior’s proprietary diagnostic algorithm determines the most likely problem(s). Using the diagnostic information, the Car Savior provides drivers with quotes for nearby vetted and independent mechanics with scheduling availability. The platform aims to help mechanics by providing them with the benefit of knowing how long each repair should take and thus helping schedule their time more efficiently. The Car Savior founder, Christiaan Best, has previously founded and scaled a startup. Prior to Car Savior, he founded and led Green Revolution Cooling, later transitioning to CTO, where he received approval for multiple patents.

Investors who purchase the first 50,000 Crowd Notes, and thereby fund the first $50,000, will receive Crowd Notes with a conversion provision based on a $3 million valuation cap instead of a $3.8 million valuation cap. That means, in connection with equity financing of at least $1 million, the company has the option to convert the Crowd Note into non-voting preferred shares (Conversion Shares) at a price based on the lower of (A) a 20% discount to the price per share paid for Preferred Shares by investors in the Qualified Equity Financing or (B) the price per share based on a $3 million valuation cap (instead of $3.8 million).

Designed to diagnose a car online and provide multiple quotes from local, vetted mechanics
The company is a 2018 Capital Factory accelerator graduate
More than 6,500 diagnosed cars to date with 82% accuracy
$270,000 previously raised from angel investors with a further $108,000 committed in August 2020

• Marketing
• R&D
• Working Capital
• Future Wages

Christiaan Best - Co-Founder and CEO
An engineer by trade and a former mechanic, Christiaan is a passionate car enthusiast with six cars and a floor lift at home. As CEO of Car Savior, he oversees all operations, leads in technical developments, and serves as the general business head with company relations. Prior to Car Savior, Christiaan was the CTO at Green Revolution Cooling, where he was responsible for leading technical efforts and assisting with transition efforts after company’s acquisition. Christiaan was the original founder and CEO of Green Revolution Cooling and holds multiple patents related to the company’s services.xxv Christiaan has undergraduate and postgraduate degrees in mechanical engineering from the University of Texas, Austin.

Hayden Luckadoo - Data Analyst and Co-Founder
A mathematician at heart and analyst by trade, Hayden recently became part of the Car Savior co-founding team after taking a leave from the University of Texas, Austin College of Engineering. He now acts as a developer, analyst, and business strategist. He is an addict for the excitement and challenge of startups. In his current role at Car Savior, Hayden has a heavy focus on development and analytic programming, using various resources to ensure the effective success of the company moving forward as it expands.

Discount: 20%

In connection with equity financing of at least $1 million, the Company has the option to convert the Crowd Note into non-voting preferred stock (Conversion Shares) at a price based on the lower of (A) a 20% discount to the price per share for Preferred Stock by investors in the Qualified Equity Financing or (B) the price per share paid on a $3 million or $3.8 valuation cap. Please refer to the Crowd Note for a complete description of the terms of the Crowd Note, including the conversion provisions.