For investors
We ingest vehicle service history from every source and transform it into structured, AI-native data. Then we build the products that every stakeholder needs on top of it. The database is the moat. The products are how we monetize it.
vehicles on U.S. roads, each generating service records no one structures or owns.
independent repair shops. 30–40% customer retention. No tools for the relationship between visits.
annual independent repair revenue. We process the payments, manage the shops, and connect the customers.
Market opportunity
Payment processing
70% of repair transactions are card-based. At 2.5–3% on $60B in independent shop revenue, processing alone is a $1.3B opportunity.
Shop management SaaS
Shops pay $200–400/mo for management tools today. CRM, booking, and operations for 280K shops is a $1B+ SaaS market.
Aggregate diagnostics data
Shops pay $200/mo for diagnostic lookup tools like Identifix. Our repair data builds this passively as the platform scales. 280K shops at $200/mo is $670M.
Fleet telematics
The U.S. fleet telematics market is $5B and growing to $16B by 2032. 85% of commercial operators run fewer than 50 vehicles and are underserved by enterprise solutions.
Consumer devices and marketplace
OBD-II hardware at consumer price points. Drivers get real-time vehicle health. Shops get a marketplace of prepared, qualified customers.
TAM
Payments, shop SaaS, diagnostics, telematics, and marketplace across the U.S. independent repair ecosystem.
SAM
Digitally-ready independent shops, SMB fleets under 50 vehicles, and drivers willing to pay for connected vehicle health.
SOM
Near-term capture: 2–5K shops on the platform with payments, CRM, and connected drivers booking through myodo.
The platform
Receipts, repair orders, diagnostic codes, OBD-II telemetry. We transform raw vehicle data into a structured, AI-native record and build the products that every stakeholder needs on top of it.
Drivers
Free Glovebox brings vehicles onto the platform. Paid device upgrades add real-time data. The consumer wedge that feeds the network.
Shops
CRM, booking, payments, and a marketplace of connected customers. Recurring SaaS plus transaction revenue from every repair order.
Fleets
Centralized records, connected devices, and telematics for SMB fleets too small for enterprise solutions but too large to manage in spreadsheets.
Why now
AI makes ingestion possible
Multimodal LLMs reliably extract line items, parts, labor, and mileage from any receipt or repair order. The data entry problem that killed earlier attempts is solved.
OBD-II hardware got cheap
Connected devices that used to cost hundreds now ship at consumer price points. Real-time vehicle data is accessible to drivers and SMB fleets for the first time.
Shops digitized repair orders, not relationships
Most shops write digital ROs but have no tools for what happens after the customer leaves. Retention is 30–40%. The relationship layer doesn’t exist.
No one owns the living record
Static history reports exist. A structured, real-time vehicle record that drivers, shops, and fleets all interact with does not. 300M vehicles generate service data that sits in shop management systems, glove compartments, and email inboxes. The first platform to unify it wins.
We’re raising to expand the shop network, ship the next generation of the device to acquire more drivers and fleets, and build the payment and shop management layers. If you back platform companies in fragmented physical markets, we’d like to hear from you.
team@myodo.coWe use essential cookies to make our site work. We'd also like to set analytics cookies to help us improve. See our Privacy Policy for details.