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Numa acquires SocketTime for AI enhancement

PRIVATEAug 26, 2026about 5 hours ago

Acquiring Company

Numa

Acquired Company

SocketTime

OaklandUnited StatesSoftwareArtificial IntelligenceSaasMachine LearningInformation TechnologySoftwareIt Management

Description

Numa has acquired SocketTime to enhance its AI operating system for dealership operations. This acquisition will integrate real-time scheduling and service management capabilities into Numa's platform. The partnership aims to transform fixed operations by embedding AI into the operational workflow of dealerships.

Company Information

Company

Numa

Location

Oakland, California, United States

About

Numa is an artificial intelligence (AI) platform that focuses on transforming auto dealerships. The platform streamlines operations by automating repetitive tasks and enhancing customer interactions. Numa's mission is to power AI-native dealerships, making their operations smarter and more customer-centric. Their AI agents significantly reduce customer response times and improve service adviser productivity.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired SocketTime?

SocketTime was acquired by Numa, based in Oakland. The deal was reported on August 26, 2026. Numa is an artificial intelligence (AI) platform that focuses on transforming auto dealerships. The platform streamlines operations by automating repetitive tasks and enhancing customer interactions. Numa is privately held and operates in Software.

When did Numa acquire SocketTime?

Numa's acquisition of SocketTime was reported on August 26, 2026. Numa has acquired SocketTime to enhance its AI operating system for dealership operations. This acquisition will integrate real-time scheduling and service management capabilities into Numa's platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does SocketTime do?

SocketTime is a fixed-ops software company that provides tools for service scheduling, technician utilization, and customer communication in dealerships. It is privately held, operating in Information Technology, and is based in United States.

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