Verda Solutions
Verda Solutions provides used-car dealers with a comprehensive system to turn warranty and aftermarket services into profit centers. The company offers reinsured warranty structures, a professional customer journey with digital certificates, and automated 36-month communication campaigns via email, SMS, and a customer portal. Dealers can increase contribution margin by approximately 3,000 SEK per transaction without bearing warranty risk.
- Insurance Technology
- Automotive Technology
- Software Only
- Marketing Technology
- Sales Technology
Funding
Founders
Founder details are not available yet.
Product
Problem
Used-car dealers face shrinking margins and often treat the used-car transaction as second-class, with unclear warranties, poor customer experience, and unexpected costs eroding profitability. After the sale, the customer's value flows to other players — service goes to independent shops, warranty margins go to warranty companies, and the next car purchase goes to whoever stayed in touch.
Solution
Verda Solutions provides a comprehensive system for used-car dealers to transform warranty and aftermarket services into profit centers. The company offers reinsured warranty structures tailored to each dealer's inventory, with risk carried by an external reinsurer and independent claims handling. Verda also helps dealers build a professional customer journey from first contact through post-purchase follow-up, including digital warranty certificates and delivery experiences comparable to new-car sales. A CRM-driven approach enables automatic warranty renewal reminders, add-on service offers at delivery, and upsell opportunities over the full 36-month ownership cycle, with all communication executed automatically in the dealer's name via email, SMS, and a customer portal.
Target Audience
Primary customers are car dealers selling used vehicles who want to increase contribution margin per transaction and build long-term customer loyalty through warranty, aftermarket, and recurring service revenue.
Features
- Reinsured warranty structures adapted to the dealer's inventory, with risk carried by an external reinsurer and independent claims handling
- Digital warranty certificates, welcome emails, and delivery experiences designed to match new-car sales quality
- Automated 36-month customer journey with service reminders, damage guides, status checks at 18 months, and renewal offers sent 60 days before warranty expiration
- CRM system tracking every customer with automatic warranty extension prompts and add-on service offers at delivery
- Support for both reinsured warranties and self-funded warranty models with IT support for self-funded products
- Service program option that keeps service work in the dealer's own workshop