As further proof of its diversification, CARPROOF has opened its new Product Lab in Kitchener’s Communitech Hub.
Calling itself Canada’s “definitive source of automotive information,” CARPROOF said its quest for innovation makes Communitech the perfect environment to house its continued evolution.
The Communitech Hub currently supports a community of over 1,400 tech companies ranging from startups to large global corporations. It was founded in 1997 by a group of entrepreneurs committed to making Ontario’s Waterloo Region a global innovation leader.
“Setting up the Product Lab gives us access to the world-class tech eco-system within Communitech,” says Greg Beckman, vice-president of product management at CARPROOF.
“Being a part of this family brings invaluable opportunities to connect with new partners, networks and talent.”
Beckman went on to say that CARPROOF’s continual growth provides increasing opportunities to build new experiences and solutions for the industry.
The London, Ont.,-based company is a unit of IHS Markit. It draws on millions of data records from thousands of sources in Canada to drive not only its vehicle history report business but also a number of other solutions for dealers, OEMs, auctions, consumers, governments, insurance providers and police agencies.