Tekion
First End-to-End Cloud Native Automotive Platform
Pleasanton, United States · Founded 2016 · $632.0M raised
- 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
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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.
Tech & App Stack
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Funding History
Jul 2024
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Funding: Series A through Growth Equity. Amounts, valuations, and investors where available.
Investors
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