BMW Group Financial Services announced last week that CarLabs will join their first-ever Collaboration Lab – a 10-week program that provides entrepreneurs, start-ups, and small businesses with the opportunity to partner with BMW Group Financial Services to develop, and then realize, innovative solutions and game-changing new technologies that can ultimately benefit consumers, dealers, and partners.
From BMW’s press release:
From a total 212 applications, selected domestic and international start-ups were invited to pitch their ideas live to a panel of judges from BMW Financial Services, BMW of North America, and L Marks. The panel selected these six startups to join the 10-week Collaboration Lab program:
Category: Digitizing the Customer Journey
Startup: carLABS – carLABS has created a cognitive, conversational AI-powered platform for automating and enhancing sales and marketing in the automotive vertical. Its solution offers car buyers a dramatically simplified shopping experience that significantly increases conversions and return on marketing spend for car sellers.
To learn more about the Collaboration Lab program, read BMW’s full press release. Stay tuned for more updates in the coming months.