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Company: CarSaver, Franklin, TN
Nomination Submitted by: High10 Media
Company Description: CarSaver is the leading online automotive marketplace for new and used cars. CarSaver makes it easy to do everything entirely online; buy, finance, lease, insure, repair and sell, all the top brands of new and used vehicles. The CarSaver marketplace aggregates hundreds of suppliers and automates thousands of complex, time-consuming functions, to deliver a seamless online, personalized experience.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Most Innovative Tech Company of the Year - Up to 100 Employees
 Nomination Title: CarSaver
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2020, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
N/A
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 199 words used.
Launched in 2016, CarSaver is the leading online automotive marketplace for new and used cars, helping buyers and sellers save time and money by automating the entire process, from first click to home delivery. CarSaver makes it easy for consumers to do everything 100% entirely online; buy, finance, lease, sell and trade, all the top brands of new and used vehicles in a seamless experience that is personalized to each customer. CarSaver's marketplace is used by some of the most trusted brands in the world, including Walmart, Nissan, iHeartMedia and SHOP.com, to automate the entire online buying process, making it convenient for buyers and sellers to conduct contactless commerce completely online. CarSaver licenses and white-labels its enterprise platform to car companies, EV distributors, dealers, and lenders who white-label CarSaver's ecommerce platform to power their online transactions. In addition, certified dealers perform maintenance and warranty repairs for CarSaver's lifetime warranty that comes standard at no cost, with no deductible, on every car. The CarSaver leadership team has built 10 digital platforms that help dealers and manufacturers market and sell cars online. The team has implemented similar technology with 16 car companies and over 4,000 dealerships in 18 countries.
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2020 that you wish to bring to the judges' attention (up to 250 words):
Total 225 words used.
CarSaver has garnered several accolades and achievements since the beginning of 2020. Most notably, the company was one of the select few to win a PACE Award for superior innovation and technological advancement in the automotive industry in 2021, in addition to earning a spot on the 2021 Inc. 5000. CarSaver has done more than just win awards. In 2020, CarSaver launched its partnership with Nissan, dubbed Nissan@Home, offering consumers a seamless way to shop online for vehicles during the era of the pandemic. The collaboration was also recognized as the first end-to-end, 100% online car buying platform for new, used and certified pre-owned (CPO) vehicles. In 2021, CarSaver partnered with iHeartRadio for the broadcast giant to promote the car buying platform across its networks, reaching 9 out of 10 American consumers. Additionally, in April 2021, CarSaver launched its Lender Loyalty Platform, an innovative way in which customers can upgrade their vehicle entirely online. Once a vehicle is selected, customers sign all paperwork, finalize the transaction online, and choose to have the vehicle delivered to their home or schedule a pick up appointment at a local dealership. Throughout the process, an upgrade program specialist assists customers by answering any questions. Most recently, CarSaver announced a partnership with CUNA Mutual Group for an e-commerce marketplace, allowing consumers to buy, refinance, and insure new and used vehicles.
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 175 words used.
CarSaver offers a unique way in which consumers can participate in the car-buying process. Unlike other e-commerce car-buying platforms, CarSaver allows for other dealers to participate in the process by using their platform to sell new and used cars. Unique partnerships with Walmart, Nissan, SHOP.com, iHeartRadio and CUNA Mutual allow for expanded accessibility for consumers buying cars online, offering a larger inventory of vehicles than its competitors. Since 2019, CarSaver has expanded its collaboration with Walmart as its exclusive auto buying platform partner to provide a frictionless purchasing experience for their 240 million customers and 1.7 million employees nationwide. CarSaver has built a nationwide certified dealer, lender, and insurance carrier network as part of its partnership with Walmart and is the first company to offer a no-cost lifetime warranty on top brands of new and used cars. CarSaver sales were up 234% in 2019 and 361% in 2020. CarSaver also ensures trust among consumers by certifying all vehicles sold through dealers participating in its platform and offering a lifetime warranty with every purchase.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 63 words used.
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