Innovative AI-powered platform for buying, selling and trading cars earns spot as one of four Finalists for “Company of the Year – Startup” award
VANCOUVER, British Columbia, September 16, 2022 – After leaving nothing on the table at the BC Tech Association’s first-ever Dragon’s Den Pitch Night on Sept. 15, the MintList Team is thrilled to announce that its AI-powered platform for buying, selling, and trading cars was named as a Finalist in the “Company of the Year – Startup” award category at the 2022 Technology Impact Awards (TIAs).
“Fresh from becoming the first Canadian company to win a Stevie Award for ‘Tech Startup of the Year,’ MintList’s success at the Dragon’s Den Pitch Night further validates our platform’s uniquely innovative approach to simplifying the process of buying, selling and trading vehicles,” said Mike Wood, MintList’s co-founder and CEO. “Our plans to expand outside B.C. are taking shape very quickly, with our recent launch of Canada’s first two-sided online vehicle marketplace only adding to our momentum.”
A total of 10 B.C. companies pitched their innovations to an esteemed panel of judges at the Dragon’s Den Pitch Night, with three other finalists (Carbin Minerals, Daanaa and VodaSafe) ultimately joining Mintlist as Finalists at the TIAs, which celebrate outstanding companies that have made a significant impact on the B.C. tech industry. The winner of the “Company of the Year – Startup” award will be announced at the #2022TIA Gala on Thursday, Oct. 6, and will receive an investment award of $10,000 from BC Tech to support its growth.
“Startups are the lifeblood of BC’s tech sector, and we are so proud to have such a thriving startup scene here in BC.” Shared Jill Tipping, BC Tech, “So, with the support of our sponsor – Microsoft – we were thrilled to have 10 finalists battle it out for our Company of the Year Startup award this year, truly showcasing the calibre of BC Tech companies!”
According to a MintList survey of 300 consumers, 66 percent were not aware that they are entitled to significant tax savings when they trade in a vehicle and purchase another vehicle from the same dealer. In the past, these tax savings were only allowed when using the same dealer for both a trade-in and new vehicle purchase. However, MintList now provides this benefit to consumers that sell their existing vehicle on MintList and choose to use the funds to purchase another vehicle within seven days from any dealer on the MintList platform.
“It’s an industry game-changer when sellers no longer have to visit car dealerships and invest hours or days trying to get the best price for their trade-in, only to receive a disappointing offer,” said Mehrsa Raeiszadeh, MintList’s co-founder and COO. “Plus, those looking to buy a vehicle no longer need to visit dealer lots or arrange with private sellers for viewings and test drives. They simply check dealer inventory, reserve the car they love with a refundable deposit, head to the dealership for a test drive, and can then either buy the vehicle with confidence or get their deposit back. And of course, when both transactions take place on MintList, the tax savings can be significant.”
MintList is an AI-powered platform for buying, selling, and trading cars. In addition to providing the easiest, fastest, and safest way for owners to sell their vehicle for the best possible price, MintList also enables consumers to leverage the value in their existing vehicle to trade up to another new or used vehicle while saving thousands of dollars on taxes. The MintList business model uses advanced technology, instead of expensive physical infrastructure, to deliver the best solution for both automotive dealers and consumers. For additional information, visit MintList.com.