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Tekion

company

About

Tekion is a software development company that develops business applications on the cloud.

  • 1001 - 5000

Highlights

Total Funding Amount
$400M
Funding Rounds
2
Investors
2

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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