How much funding has Tekion raised?

Tekion has raised $632.0M in total funding, most recently a Growth Equity round.

Who are Tekion's investors?

Tekion's investors include Dragoneer, Alkeon Capital, Durable Capital Partners, Airbus Ventures, Hyundai Motor Company, General Motors.

Where is Tekion headquartered?

Tekion is headquartered in Pleasanton, California, United States.

What industry is Tekion in?

Tekion operates in Artificial Intelligence, SaaS, Software As A Service.

How many employees does Tekion have?

Tekion has 1001-5000 employees.

Tekion

First End-to-End Cloud Native Automotive Platform

Pleasanton, United States · Founded 2016 · $632.0M raised

Artificial Intelligence

SaaS

Software As A Service

Headquarters: Pleasanton, California
Employees: 1001–5000
Founded: 2016
Business Model: B2B

Website: tekion.com
Total Funding: $632.0M
Last Round: $200.0M Growth EquityJul 2024
Rounds: 5

About

Tekion is an AI-native, end-to-end cloud platform for the automotive retail industry. Founded in 2016 by former Tesla CIO Jay Vijayan and headquartered in Pleasanton, California, Tekion's Automotive Retail Cloud (ARC) unifies dealer management systems, CRM, digital retail, service experience, and advanced analytics on a single platform. The company also offers the Automotive Enterprise Cloud (AEC) for OEMs and the Automotive Partner Cloud (APC) for technology integrators. Tekion serves thousands of dealerships across the US, Canada, UK, Germany, and France, leveraging machine learning to increase profitability and improve the car-buying experience.

Summary

Tekion is an Artificial Intelligence company based in Pleasanton, United States, founded in 2016. It has raised $632.0M in total across 5 rounds, most recently a $200.0M Growth Equity round in Jul 2024. Investors include Dragoneer, Alkeon Capital and Durable Capital Partners.

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