Tap into the Growing Dash Cam Market With a Game-changing Auto Security Camera.
The AutoRing is a connected dash cam designed to counter the epidemic of car theft.
It’s being developed in the UK and its unique positioning and current market timing, makes it a valuable investment opportunity for the right investors.
The Problem with Car Theft
- Relay Theft From Keyless cars is a growing problem
- Easy for thieves to commit car theft by manipulating technology
- Insurance Premiums are rising
- Vehicle recovery rates are low
Car theft is a growing issue in the developed or developing world.
Anywhere from around 50% to 75% of vehicle owners do not manage to recover their vehicles. The recovery rate however, improves when the theft is reported quick and when additional security features like car trackers are added.
AutoRing Solution
This is where the AutoRing Connected Dashcam comes in.
It features:
- Shock and Passive Infrared Sensors (PIR) to detect unusual movements
- A global roaming SIM to alert the owner anywhere in the world through the app
- A concealed GPS tracker
- An internal facing camera to capture images of the thief
- Long lasting battery when kept on standby
Business Model: Product + Subscription
AutoRing will generate income from product sales and a subscription service.
Companies Like Wyze, Arlo and Ring utlise the SaaS business model in their home security devices, and the AutoRing will do so too.
The global dashcam market is growing every year and Financial Projections indicate the company’s revenue exceeding $24,000,000 within 5 years of launch.
The Driving Force behind the AutoRing
Gavin Wilding, the founder, is a serial entrepreneur, with a track record of releasing successful products into the market. He along with a team of executive advisors are working hard to develop and bring the AutoRing to market.
A well known car presenter Tiff Needell, who starred in AutoRing’s first promotional video has also given his endorsement for the project, and on top of that, the AutoRing has won a Global Media Award at the SEMA show in Las Vegas.
Partnering or Investing in the AutoRing in these early stages is your chance to make a difference, in a growing market with a huge potential for returns.
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Disclaimer: Investments in startups involve risk, including loss of capital. Please invest responsibly.