In a previous life, Andrew Ramirez was an auto mechanic ...one who saw an unmet need in the market. That led to the creation of Andrew Ramirez the entrepreneur and his start-up, My Repair Facts.
The downtown Ann Arbor-based firm is developing a comprehensive report on a vehicle's repairs and maintenance. The difference between My Repair Facts and other more well-known companies like CARFAX is all in the details.
"It doesn't have a consumer's touch to it," says Ramirez, CEO & founder of My Repair Facts
. "If they went the extra mile to take care of their car, that data just isn't available."
My Repair Facts will tell its customers not only what major work has been done and if the automobile was in an accident. It also includes whether the owner has been detailing the vehicle or using premium components for routine maintenance, like oil changes. "It lets you say your car is worth more than the Kelly Blue Book value because you put all the extra money into it," Ramirez says.
The 1-year-old company has grown from just Ramirez to a team of six employees and an intern. Ramirez hopes to keep expanding his team as his business grows. My Repair Facts recently received a loan from the Michigan Microloan Fund
, which Ramirez plans to leverage to expand his customer base. Within a year, he would like to be selling 1,500 reports a month to 10-15 car dealerships. He is also aiming to hit 150 new registered users per month.
Source: Andrew Ramirez, CEO & founder of My Repair Facts
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.