AYOOLA AKINKUNMI
AUTOMOTIVE ENGINEER
BIRMINGHAM
Summary
A versatile entrepreneur with a proven track record of success and achievements in building a startup from ideation to commercial success. A high-performance startup leader with excellent skills in business development, operations, hardware deployment, leading high-performing teams, and implementing go-to-market strategies for digital products. Successfully built a product-led digital technology startup, Mecho Autotech, and disrupted the auto insurance market within a year of launch.
I have had an impactful career as a founder addressing the massive problem of Auto maintenance in Nigeria.
I Co-founded Mecho Autotech, a startup that offers on-demand vehicle repair and maintenance services. Before launching Mech Autotech, I bootstrapped my first startup, AOAR, “Uber for mechanics'', an On-demand mobile auto diagnostics and repairs startup that matches expert mechanics with vehicle owners that need simple troubleshooting. I successfully pivoted my startup, AOAR, into a platform model and launched Mecho Autotech. Mecho Autotech is a robust and fully interactive technology platform that delivers seamless vehicle maintenance, inspection, and repair services via a network of certified mechanics and automobile technicians.
As the Chief Operation Officer of Mecho Auto, I managed the development of a robust digital platform with a network of 7,000 vetted technicians across 35 states in Nigeria. Since we launched our product in 2020, we have gained market acceptance with a monthly revenue of $500,000 generated through B2C, B2B car maintenance offering and online car spare part sales. Given our high volume and record success within a short period of launch, our fundraising round was oversubscribed with over $2.1 million in seed funding.
In 2021, I got accepted into the Y Combinator (YC), an American technology startup accelerator that has launched more than 3,000 companies with a combined valuation of $300 billion for the top YC companies including Stripe, Airbnb, Cruise, Coinbase, Dropbox, and Reddit.
Overview
8
8
years of professional experience
10
10
years of post-secondary education
2
2
Languages
Work History
Chief Operating Officer/Co-Founder
MECHO AUTOTECH
LAGOS, NIGERIA
04.2019 - Current
- Conceptualisation and development of on-demand vehicle maintenance and repair platforms. On-boarded over 7,000 mechanics and auto technicians on the platform.
- Lead the day-to-day operations of the company, including talent recruitment, product management, account management, and partnership development.
- Oversaw the engineering team and recruited top talent to build a high-performance startup team that grew from an idea to $500K in monthly revenue within a year.
- Increased usage and adoption for individual customers, and created revenue- generating opportunities through our platform model (B2C, B2B, and online spare part sales).
- Oversee strategic partnership for our B2B product offering. Finalised large fleet partnerships, including uber partners, and other corporate clients.
- Successfully increased the usage and adoption for individual customers, and created revenue-generating opportunities through our platform model (B2C, B2B and online spare part sales).
- Built and developed business relationships with investors and partners. Successfully raised $2.1 million in seed funding from top venture funds including, Signal Hill Private Limited, Y-Combinator,and Ingressive Capital.
- Developed product strategy for our Auto insurance product which bundles insurance and vehicle insurance and achieved over 12,000 paid subscriptions within a short period of launch. This product is the first of its kind in the the Nigerian Insurtech sector.
- Lead weekly Operations, maintenance, sales, and parts department meetings to enhance efficiency, profitability and customer satisfaction.
Chief Executive Officer/Founder
Ayo-ola Autodiagnostics and Repairs
Lagos, Nigeria
02.2015 - 01.2019
- Founded mobile auto diagnostics and repairs that match expert mechanics with vehicle owners that need simple troubleshooting.
- Provided strategic direction for the startup by setting up a lean team to run the company’s operations while ensuring we had a pool of expert mechanics to provide on-demand service within a short notice
- Worked with over 3,000 auto technicians to provide mobile repair services in southwest Nigeria.
- Successfully trained over 1,000 auto technicians in the use of various Automotive diagnostic software. Partnered with the Nigeria Automobile Technicians Association (NATA) to upskill technicians across states in Nigeria.
- Successfully pivoted my startup, AOAR, into a platform model and launched Mecho Autotech, Mecho Autotech, a robust and fully interactive technology platform that delivers seamless vehicle maintenance, inspection, and repair services via a network of certified mechanics and automobile technicians.
- Kept up to date on major and minor changes in the automotive industry such as recalls, common issues, and new technologies such as AI diagnostic systems.
- Mentored trainee technicians to become certified Technicians.
Automotive Service Technician
Swiss pharmaceutical company(Swipha)
Lagos, Nigeria
03.2014 - 01.2015
- Diagnosed operating difficulties on various car models and performed operational checks on engines.
- Performed various computerised and electronic diagnostic tests using specialised equipment.
- Troubleshoot fuel, ignition, and emissions control systems, using electronic testing equipment.
- Interpreted trouble codes and other information from electronic scanners and test analyzers.
- Tested electronic computer components in automobiles to ensure proper operation.
- Repaired, replaced, and adjusted defective fuel injectors, carburetor parts, and
gasoline filters.
- Repaired, overhauled, and adjusted automobile brake systems.
Education
Bachelor of Engineering - Mechanical Engineering
Federal University of Technology Akure(FUTA)
Lagos, Nigeria 04.2016 - 09.2019
"A level" NABTEB, "O level" NABTEB - Motor Vehicle Mechanics
Government Technical college ikotun
Lagos, Nigeria 03.2013 - 06.2016
Trade Test 1,2,3, Federal Craft Diploma - Motor Vehicle Mechanics
Government Technical college ikotun
Lagos, Nigeria. 03.2013 - 06.2016
Skills
Operating Procedures
undefinedAccomplishments
Programme for Startup Founder
- Ycombinator Accelerator Programme and startup School 2021
- Tech Circle Founders Mentorship Programme 2020
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Chief Operating Officer/Co-Founder
MECHO AUTOTECH
04.2019 - Current
Bachelor of Engineering - Mechanical Engineering
Federal University of Technology Akure(FUTA)
04.2016 - 09.2019
Chief Executive Officer/Founder
Ayo-ola Autodiagnostics and Repairs
02.2015 - 01.2019
Automotive Service Technician
Swiss pharmaceutical company(Swipha)
03.2014 - 01.2015
"A level" NABTEB, "O level" NABTEB - Motor Vehicle Mechanics
Government Technical college ikotun
03.2013 - 06.2016
Trade Test 1,2,3, Federal Craft Diploma - Motor Vehicle Mechanics
Government Technical college ikotun
03.2013 - 06.2016
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