Nebula Systems announces investment deal with the RAC

Nebula Systems announces investment deal with the RAC

Nebula Systems, the innovative start‐up behind the multi‐award winning cloud based vehicle data and diagnostic platform MECH5, is proud to announce an exciting new venture with one of the UK’s leading breakdown and roadside rescue providers, the RAC.

This investment will enable the rapid expansion of coverage and functionality of the MECH5 platform which will in turn greatly enhance the RAC’s offering to their telematics fleet customers and members.

Andrew Steer, CEO at Nebula Systems, said: “We are very pleased that the RAC has chosen to invest in Nebula as a new strategic partner. They were first to recognise that our award winning cloud-based MECH5 data and diagnostic platform will help to revolutionise the B2B telematics market and put RAC Telematics in a commanding position in the industry.”

“For Nebula, the investment and brand recognition that the RAC brings will give us the massive boost we have been looking for so that we can accelerate the development of our own exciting and disruptive aftermarket and car enthusiast projects.”

RAC Telematics Managing Director Nick Walker said: “The announcement is really the first step in a series of developments that will lead to the RAC moving from a reactive to a proactive and ultimately predictive breakdown service. This is a deal that will give our telematics systems much greater capability and will really position the RAC as leaders in vehicle status data.”

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