Making Car Care Easier – State Farm® Teams Up with Openbay

Offering a one-stop source to connect with mechanical car repair
and maintenance services.

BLOOMINGTON, Ill.–(BUSINESS WIRE)–#autosState
Farm
, the largest auto-insurer in the U.S., today announced a
strategic relationship with Openbay,
an online marketplace for auto repair. Openbay provides a new way for
vehicle owners to compare quotes for mechanical* auto-repair and
maintenance services and book an appointment online.

Through this collaboration, State Farm is making it easier for busy car
owners to keep their vehicles in good running order. Open to State Farm
customers and non-customers alike, Openbay will provide special offers
and incentives for people to book vehicle service through its nationwide
network of auto-repair centers.

“At State Farm, we recognize the value of the innovative technologies
companies like Openbay offer. Openbay will be helping us achieve our
goal of being a resource for people throughout the time they own their
car, and not only when they need insurance,” said Pat Culligan,
Assistant Vice President – Marketing at State Farm. “We work to exceed
customer expectations, by providing more than insurance; we want to help
life go right. We hope through this alliance with Openbay more drivers
will have an opportunity to experience a seamless and hassle-free
approach to auto-repair and maintenance.”

How Openbay Works

  • Vehicle owners may go online via Openbay.com/StateFarm
    and choose or describe the service their vehicles need.
  • Local repair shops in the Openbay Network will review the service
    request and respond with quotes to complete the work.
  • Users will compare quotes, and select a service provider based on
    proximity, customer reviews, and price. Quotes include parts, labor
    and taxes.
  • Users then schedule an appointment via Openbay.
  • Once the service is complete, users pay for the service via Openbay,
    which maintains vehicle-service history online, and issues rewards
    toward future service. Openbay backs all transactions completed on its
    platform with a Peace-of-Mind Guarantee.

“This alliance provides car owners an efficient, modern way to get their
vehicles serviced, leveraging the latest technologies found nowhere else
in the auto-care industry,” said Rob Infantino, CEO and Founder of
Openbay. “Receiving a stamp of approval from the nation’s largest
auto-insurance company is a badge of honor for the Openbay team; it
affirms our proven track record and commitment to customer satisfaction.”

About State Farm
The mission of State Farm is to help people
manage the risks of everyday life, recover from the unexpected, and
realize their dreams. State Farm and its affiliates are the largest
providers of auto,
home
and individual life
insurance in the United States. Its 18,000 agents and more than 65,000
employees serve more than 83 million policies and accounts – nearly 81
million auto, home, life, health and commercial policies, and nearly 2
million bank
accounts. Commercial
auto insurance
, along with coverage for renters,
business
owners
, boats
and motorcycles,
is available. State Farm Mutual Automobile Insurance Company is the
parent of the State Farm family of companies. State Farm is ranked No.
35 on the 2016 Fortune 500 list of largest companies. For more
information, please visit http://www.statefarm.com.

About Openbay
Openbay is an online marketplace transforming
the auto-repair experience for consumers, and the way that service
providers acquire and service customers. In 2015, Openbay announced
OpenbayConnect, allowing connected cars to communicate with Openbay for
repair and maintenance service. Openbay is headquartered in Cambridge,
MA, is privately held, and its investors include Stage 1 Ventures,
Boston Seed Capital, GV (formerly Google Ventures), a16z seed, and
several individual investors.

Connecting with Openbay:

Corporate Website: http://www.openbay.com
Download
Openbay’s Android App: https://play.google.com/store/apps/details?id=com.openbay.vo
Download
Openbay’s iOS App: https://itunes.apple.com/app/id724979552
Download
OpenbayASP: https://itunes.apple.com/us/app/openbayasp-openbay-for-automotive/id1021671009?mt=8

Social:

Blog: http://www.openbay.com/blog
Facebook:
http://www.facebook.com/openbay
Twitter
http://www.twitter.com/openbay

Openbay, OpenbayConnect, OpenbayASP, and Openbay logos are either
trademarks or registered trademarks of Openbay, Inc. Other company and
product names may be trademarks of their respective owners.

* Note: The Openbay marketplace supports mechanical repair and
maintenance services. Openbay does not offer collision or auto-body
services.

Contacts

State Farm
Missy Dundov, 309-766-7087 (office)
312-914-0857
(mobile)
Media Specialist (IL, IN)
Missy.Dundov.sg5r@statefarm.com
or
Openbay
Valentine
Oldham,
888-601-0399
PR@Openbay.com