The startups that took part in the accelerator were:
Divido – offers customers a 0% finance option for financing their car servicing to make it easier to split the cost of purchase over a longer period of time.
Customers can apply for flexible payment plans via their smartphone if they are hit with the cost of unexpected part replacements when their car is serviced.
Wrisk – an application that enables customers to apply for bespoke insurance policies that can be managed online.
The Wrisk application allows customers to enter their details, including job and lifestyle, which enables them to create a tailored insurance package for car, home or travel.
Cazana – previously known as UK Vehicle, Cazana has labelled itself the "Zoopla" for buying and selling cars.
The service uses big data to help customers and insurers better understand the value of secondhand cars, as well as the buying patterns in the used car market.
Warwick Analytics – a predictive analytics algorithm designed to assess customer behaviour and help businesses offer more accurate and tailored services for customers.
By targeting specific customers based on behavioural data, firms can understand customer preferences and needs, and retain more customers by providing a better service.
Drover – an application that allows customers to rent their vehicles out to other drivers when they are not using them.
Drover is already used by ride-sharing platform Uber to enable its drivers to rent cars flexibly for short periods when the cars are not being used by their owners.
