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Tekion
company
About
Tekion is a software development company that develops business applications on the cloud.
- 1001 - 5000
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- $150M
- Industries
- Artificial Intelligence,Automotive,Big Data,Machine Learning,Management Information Systems,Software
- Founded date
- Jan 1, 2016
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
Disrupting a 50-year reliance on aging Dealer Management System platforms, Tekion has challenged the paradigm with cloud-native automotive retail platform, Automotive Retail Cloud (ARC). This transformative dealership software platform uses cutting-edge technology, big data, machine learning, and AI to seamlessly bring together OEMs, retailers/dealers and consumers. With its highly configurable integration and greater customer engagement capabilities, ARC is simplifying the dealer/consumer relationship and journey. Founded in the Silicon Valley, Tekion employs over 2,000 innovators globally.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$400M
Tekion has raised a total of
$400M
in funding over 2 rounds. Their latest funding was raised on
Oct 5, 2021 from a Series D round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Oct 5, 2021 | Series D | $250M | 1 | — | — | Detail |
| Oct 21, 2020 | Series C | $150M | 2 |
Advent International
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Tekion is funded by 2 investors.
Advent International
and FM Capital Group
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Advent International
|
— | Series D |
FM Capital Group
|
— | Series C |
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