Following a frustrating experience with trying to lease a car two years ago, technology entrepreneur Nathan Hecht decided his next venture would provide a solution.
“It was a less-than-pleasant experience,” he said of visiting Long Island dealerships to research car-leasing options. “It was really hard to squeeze a payment out of the salesman, and I was asking, ‘Why can’t I do this online?’ ”
Despite being in the middle of working on another startup called Dstrux Inc. at the time, Hecht immediately called his tech team based in Israel and said they were going to build a car-leasing app.
“It sounds cliche, but I went home and called them and said, ‘Drop everything,’ ” Hecht said in a recent interview.
In less than a year, the resulting app named Honcker has grown to include inventories from more than 300 dealerships, which includes some located in southern Connecticut including in Greenwich, Stamford, Norwalk, Westport, Danbury and several in the Bridgeport area. The company is undergoing a large expansion in the state, Hecht said.
A few weeks ago, the Brooklyn-based company announced raising $3.6 million in a seed-funding round led by Evolution Corporate Advisors. By the end of the year, Hecht anticipates there will be at least 500 dealerships listing their inventories on Honcker.
Read more here