Press Release (ePRNews.com) - EASTON, Pa. - Jan 18, 2017 - Boks Kar, a local startup focused on providing consumers with an easy payment system for their car payments and car related costs, has announced today that the startup has been accepted to Founders Space Accelerator + Incubator Program. Located in San Francisco, Founders Space is one of the nation’s top ten startup accelerator programs. Boks Kar looks to accelerate its business and focus on bringing its core automotive financial payment technology to the Lehigh Valley and PA market in the next 3 months.
Founders Space Accelerator Winter Program 2017 starts January 30 and runs through February 10. Boks Kar will participate in two weeks of intensive programs, including workshops, lectures, and mentoring the startup to meet investors on Pitch Day on February 10 th . In Silicon Valley jargon, “Pitch day” is when investors mint founders with cash to help boost their companies into billion-dollar “Unicorn” status.
“We’re very excited to be accepted to one of the top 10 startup accelerator programs in the nation. Our startup is on a mission to help all consumers save money on their vehicles,” said Rudy Ferraz, Boks Kar founder and CEO, “The technology we’ve developed will forever change how we all pay for our cars and the cost associated with it.”
Boks Kar’s technology will help all consumers save money on the long-term costs on owning their vehicle, consumers now and even in the last few years are finding the increasing costs of fuel, maintaining, insurance, and even parking the car has effected every consumer’s paycheck. Now, Boks Kar joining the ranks of other startups at Founders Space will accelerate Boks Kar’s ability to offer its program to much needed consumer market. “The automotive financial system is 100+ years old. It’s the same old tech and it hasn’t changed since Henry Ford developed the Model T,” says Ferraz.
About Founders Space
Top Ten Ranked Incubator by both Forbes and Inc. Magazine, Founders Space [www.foundersspace.com] is run by entrepreneurs who have learned the ins and outs of starting businesses. Their two-week intensive training program covers everything from building business plans to attracting investors and effective marketing strategies. At the end of the course, dozens of the top 100 investors, venture capitalists, and angels are invited to Pitch Day to hear founders pitch their business proposals. Contact Naomi Kokubo – email@example.com
Founded in 2014, Boks Kar [http://www.bokskar.com] is a leading automotive financial company that addresses the entire cost of car ownership, from car payments and insurance to regular maintenance. Instead of juggling multiple monthly car payments and being surprised by “hidden” costs, Boks Kar’s patented Intelligent Algorithm calculates these cost and combines them into a single manageable payment. Additionally, as consumer circumstances change, Boks Kar’s program offers flexible payment options that encompass the total cost of car ownership and simplify the way that consumers access financial, insurance, maintenance tools that helps consumers save money.