Investor Presentation
Move Aging Inventory.Acquire Better Opportunities.
HighBid’s built, functional dealer-to-dealer marketplace connects franchise and independent dealerships. Move aged retail inventory, source trade-ins, and prepare for a planned consumer-acquisition channel. Commercial expansion is paused pending funding.
Original mobile
screenshot pending
Original HighBid video · 00:12
Historical demo, not current inventory
Aged inventory rotation
Frontline-ready retail units
Franchise trade-ins
Opportunities for independents
Consumer acquisition
Planned · not live
Zero selling fees
Free seller listing
Faster inventory turns
A goal, not a guarantee
~40 dealers
Historical soft launch
Built
Functional dealer marketplace
Tested
~40 historical soft-launch dealers
Paused
Commercial expansion · funding pending
Next
Reactivate, grow volume, develop planned channels
Franchise & Independent Dealerships
One Marketplace. Three Inventory Channels
Two dealer-to-dealer opportunities on the functional platform. A third, consumer-acquisition channel is planned.
Aged frontline-ready retail
Aged retail unit
Fresh retail opportunity
Already reconditioned retail vehicles accumulate floorplan and holding costs as they age. Sell with zero seller fees, then source a peer’s frontline-ready vehicle for a fresh retail opportunity.
Additional recon may be reduced, not eliminated. Condition and economics vary.
Franchise trade-ins to independents
Franchise trade-in
Independent dealer
Franchise stores receive trades they elect not to retail. Those vehicles may fit independent dealers’ customers—a key reason independents participate. HighBid connects seller and buyer directly.
Seller listing is free; the buyer purchase fee applies. Trade-ins are not necessarily frontline-ready.
Consumer vehicle acquisition
Consumer vehicle
Dealer acquisition
A planned appraisal and competitive-offer process would source consumer vehicles for participating dealerships, to retail or redistribute through HighBid.
Not live. Offers may be competitive with digital buyers or CarMax, but a better offer is not guaranteed.
The Marketplace Platform
A Smarter Way for Dealers to Buy and Sell Inventory
Demonstrated browse, list, edit, buy, sell and group-inventory workflows from HighBid’s real product video library. The marketplace is functional; commercial expansion is paused pending funding.
Browsing the HighBid Marketplace
Genuine historical HighBid inventory frame · 00:12
Platform Features
Built for How Dealers Actually Work
Existing marketplace workflows are distinct from planned capabilities and inactive DealerVoucher.
Dealer-to-dealer trading
Demonstrated buying and selling workflows connect dealerships directly.
Browse, list & edit
Existing workflows for finding vehicles and managing listings.
Dealer group inventory
Demonstrated browsing of dealership-group inventory.
Appraisal intelligence
Planned valuation guidance and aging insights; not live and no valuation integration is confirmed.
Consumer acquisition
Planned consumer offers and sourcing for participating dealerships.
DealerVoucher
Built previously, but currently inactive. Not an active dealer service.
The Problem & Solution
Aged on One Lot. An Opportunity on Another.
Aged retail units have already been reconditioned and made frontline-ready. Moving them can release capital and make room for a better-matched vehicle from a peer.
Floorplan and holding costs accumulate as inventory ages
Capital stays tied up after reconditioning investment is already sunk
A frontline-ready vehicle can be the wrong fit for one store’s customers
Another dealer may see a fresh retail opportunity in the same vehicle
A direct, technology-enabled dealer network
- List and sell aged retail inventory with zero seller fees
- Acquire another already frontline-ready retail opportunity
- Potentially avoid large additional reconditioning costs
- Condition, transport needs and transaction economics vary
Another sourcing channel. Not an auction replacement.
Traditional auctions
An established source of inventory and price discovery. Fees, transport, timing and paperwork depend on the auction and transaction; some vehicles may need reconditioning.
HighBid’s direct dealer channel
Source from peers, including aged frontline-ready retail units and franchise trade-ins. Sellers list free; buyers pay $295 per completed purchase or a proposed $1,295 monthly subscription. Condition, due diligence and other costs still matter.
No guaranteed savings or recon-free promise. Dealers can choose the channel that fits each vehicle.
Planned · Appraisal & Inventory Intelligence
Better Vehicle Decisions Start With Better Information
Not live: planned vehicle valuation, inventory-aging insights and consumer-acquisition decisions. No third-party data integrations are confirmed.
Vehicle valuation
Pricing guidance at the point of decision.
Inventory aging insights
Spot units that need to move before they cost more.
Acquisition intelligence
Know which vehicles to source, and where.
No third-party valuation data source (such as MMR) is shown as connected.
Appraisal · planned concept
Planned featureReview pricing
Illustration only. Not a real valuation.
Planned · Not Live
A New Source of Inventory. Direct From Consumers.
A planned appraisal and offer process would connect consumer vehicles with franchise and independent dealerships.
Appraisal & offer
Consumer vehicle details, planned valuation guidance and a competitive-offer process.
Dealership acquisition
A participating dealership evaluates the vehicle and acquisition opportunity.
Retail or redistribute
Retail a suitable vehicle or offer it to the HighBid dealer network.
The goal is competitive offers, potentially better than digital buyers or CarMax—not a guaranteed better offer. All steps are planned; no launch or integrations are confirmed.
Planned process illustrationBusiness Model
Free to Sell. Simple to Buy.
Seller listing is free. Buyers pay $295 per completed purchase; a $1,295 monthly subscription is proposed.
Seller
Free
Free participation for listing dealers.
Buyer · Pay per purchase
$295
Per completed purchase.
Buyer · Proposed subscription
$1,295/mo
Proposed plan; fee comparison crosses over at ~4.4 purchases a month.
Revenue scenario calculator
Annualized scenario
$1,450,500
Illustrative scenario only. Not actual financial results, a forecast or a guarantee.
Leadership
Experienced. Proven. Committed.
The original four-person leadership team remains involved, combining automotive experience with technology expertise.
CDO
Jose Fregoso
Chief Design Officer
Software and creative automotive technology.
CTO
Arash Nabili
Chief Technology Officer
Software and technology.
Co-Founder
Mike Shahrestani
Co-Founder & Business Architect
Automotive entrepreneur and strategist with 30+ years of experience building dealership technology, business models, and marketplace solutions.
CEO
Ray Ashrafi
Chief Executive Officer
30+ years of automotive wholesale and auction experience.
Our Vision
Growth Roadmap
Core platform & soft launch
Functional marketplace and demonstrated core workflows. Approximately 40 dealers participated in the historical soft launch—not a current active count.
Restart commercial onboarding
Following funding, restart dealer onboarding and sales, and finish priority capabilities. Commercial expansion is currently paused.
Consumer acquisition & scale
Planned appraisal intelligence, consumer sourcing and broader dealer-network scale. Timing and integrations remain unconfirmed.
Investment opportunity
Fund the Next Chapter of HighBid
A functional marketplace. A historical dealer network. Three clear next-stage priorities.
Confirmed funding target
$1.5M
Reactivate dealer network
Restart onboarding, dealer partnerships and sales after funding.
Drive transaction volume
Grow buying and selling activity across franchise and independent dealers.
Launch consumer acquisition
Develop the planned appraisal and consumer-sourcing channel. Timing remains unconfirmed.
Approved capital allocation
Use of Funds
Capital primarily commercializes and expands HighBid’s built marketplace, while funding next-generation appraisal and consumer-acquisition technology.
Total allocation · 100%
$1,500,000
- Technology & Product Development
- $450,00030%
Advance the built marketplace and develop next-generation appraisal and consumer-acquisition technology.
- Dealer Acquisition & Sales
- $450,00030%
Reactivate dealer relationships, expand onboarding and build sales coverage for franchise and independent stores.
- Marketing & Market Expansion
- $375,00025%
Build dealer awareness and support market expansion to encourage buying and selling activity.
- Operations & Customer Success
- $225,00015%
Support dealer onboarding, marketplace operations and ongoing customer success as participation grows.
Dealers are both supply and demand. HighBid’s working technology supports listing, buying, selling and group inventory. Seller listing is free; buyers pay $295 per completed purchase or a proposed $1,295 monthly subscription. Market sizing remains to be confirmed.
Every Dealer Has Inventory. Every Dealer Needs Inventory. HighBid Connects the Two.
Building a more connected, intelligent, and efficient vehicle marketplace.