ObDeleven’s decade: a spectacular birthday celebration at Nemunas Ring and ambitious plans for the future | Business

OBDeleven, a smart car maintenance tool officially licensed by the Volkswagen, BMW and Toyota groups, has more than 1.6 million users in 60 countries, the main ones being the US, the UK and Germany, and 3 million is used. means of transportation. Founded a decade ago, the company is today at the forefront of global technology.

They celebrated their 10th anniversary like true car enthusiasts

On Friday, the “OBDeleven” team organized the 10th anniversary celebration like real car enthusiasts – they tested impressive sports cars at the “Nemunas Ring” race track in Kaunas.

OBDeleven photo/OBDeleven decade: spectacular birthday party in Nemunas Ring and ambitious plans for the future

The team had the opportunity to test the BMW M2 (one of the most common cars in the world’s mecca of car enthusiasts – the Nurburgring track) and the Porsche Cayman GT4, which develops as much as 414 horsepower and accelerates to 100 km/h in just 4.2 seconds.

OBDeleven photo/OBDeleven decade: spectacular birthday party in Nemunas Ring and ambitious plans for the future

Also, Aras Gibieža – a Lithuanian motorcyclist, classified as one of the world’s moto acrobatic sports elite, winner of many international tournaments and world Guinness record holder – also performed at the festival. A. Gibieža became it following riding a motorcycle for 580 meters on one wheel without hands.

The employees themselves demonstrated their engineering thinking and creativity on the track – they also raced with self-made vehicles, handmade “soap boxes”.

OBDeleven photo/OBDeleven decade: spectacular birthday party in Nemunas Ring and ambitious plans for the future

From the garage to international business and partnerships with the biggest car manufacturers

„OBDeleven“ the developers started where car enthusiasts start – in the garage. A simple phone-controlled car diagnostic device was developed by brothers Edvardas and Aivaras Astrauskai together with their cousin Martyn Šileika in a village in Switzerland in the Jonava district and in 2014. registered the company. The company gradually expanded the diagnostic functions, which allowed to activate “hidden” or disable functions of car manufacturers with one push of a button.

The biggest impetus for the company was provided by the official partnership and the Volkswagen license obtained in 2017, followed by the confirmations of other giants – BMW and Toyota groups, that it is an official manufacturer’s recommended and safe tool for cars Audi, Škoda, For inspections of Seat, Lamborghini, Bentley, Lexus, Mini and other vehicles manufactured by those concerns.

OBDeleven photo/OBDeleven decade: spectacular birthday party in Nemunas Ring and ambitious plans for the future

“We are the only ones with official manufacturer licenses for the car diagnostic device. Other devices are mainly Chinese solutions that do not have the manufacturer’s permission, so they cannot guarantee security or offer the possibility of installing additional functions. The OBDeleven device, on the other hand, is approved by the manufacturers and has been developed and refined by some of the best technicians in the field for 10 years. We are proud that we have such a thing in Lithuania.” – says the current manager of the company, Dainius Sapežinskas.

The fastest growing business in the Central European region

in 2019 “OBDeleven” became the first Lithuanian company to take first place in the Deloitte Technology Fast 50 list of the fastest growing companies in Central Europe.

After this assessment, the Lithuanians received many offers from investors, however, according to D. Sapežinskas, “we are still independent from external investors, venture capital funds and banks. Instead of being focused solely on profit, we can afford to make bold and quick decisions, and focus on innovations that benefit our team and society.”

Advanced company culture: employees as partners, profit sharing, and a modern work environment

“Some employees at OBDeleven are real car fanatics, but what they all have in common is their expertise and desire to work with a world-leading product.” And we create such a product ourselves: the founders of the company have already withdrawn from the daily processes and handed over the helm of the company to the employees. OBDeleven specialists together decide what features should be in our product, what we can offer to encourage users to use it. The team members propose ideas, vote for what they think is the most relevant,” says D. Sapežinskas regarding the company’s culture.

According to him, “this is a team that creates the highest quality product, so we value them accordingly. Employees receive not only a salary, but also a share of profits and other modern additional benefits. We do not plan to return to the office fully, but we can work from anywhere in the world, even under a palm tree in warm countries. In the company, we are all partners, we trust each other, so we can constantly experiment and look for the best work models for ourselves.”

“OBDeleven” photo/”OBDeleven” decade: an impressive birthday celebration in the “Nemunas Ring” and ambitious plans for the future

In 2023, the company announced an increase in revenue to 11.3 million. euros and the growth of net profit to 693 thousand. euros. Due to the profit sharing program operating in the company, according to the data provided by “Sodros”, the median salaries in the “OBDeleven” company in 2023 in December was the leader in the whole country.

The plans include further development: new markets, car longevity and artificial intelligence

The company, which has grown rapidly so far, plans to continue its multifaceted development. The aim will be to expand partner channels, reach new markets in the regions of South America, Africa and Asia, and present the product to an even wider audience – users who do not have knowledge regarding auto electronics.

“Every year, cars become smarter, get hundreds of new functions, which can also break down. Car manufacturers are adding sensors to identify faults, but diagnostics still require registering at a service center, wasting time and money. Our goal is to provide help here and now, which is evidenced by thousands of thank you messages,” says Juozapas M. Preikša, sales and marketing manager of OBDeleven.

Today’s technology trends shape further growth directions: using artificial intelligence to increase the durability of the car and at the same time save the environment and simplify vehicle maintenance.

OBDeleven photo/OBDeleven decade: spectacular birthday party in Nemunas Ring and ambitious plans for the future

“We want to become a full-fledged car driver’s assistant. We will be able to follow its maintenance cycles, automatically register for a service visit and thus ensure the longevity of the car. We will be able to diagnose problems before they occur and thus avoid accidents or more serious breakdowns. We’ve already released an AI-powered feature that shows your car-specific faults. We aim to work with other manufacturers to help as many drivers as possible around the world and contribute to a more sustainable future of the automotive industry,” JMPreikša mentioned regarding the plans.

“We are very proud that thanks to our talented team, our operations continue to be successful and we are able to be at the forefront of global technology. There are still many plans, and we will continue to look for more car enthusiasts and new talents to implement them,” said the company’s managers.

Are you ready for new opportunities and want to test yourself in the field of automotive technology? Career “OBDeleven”