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Vehlo Acquires Rapid Recon And Velocity Automotive

Vehlo Acquires Rapid Recon And Velocity Automotive

01/23/23, 1:28 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgknoxville
Industry
transportation
financial services
Vehlo, a leading provider of software and financial solutions for the automotive repair industry, today announced the acquisition of Rapid Recon and Velocity Automotive — software providers comprising a category of fixed ops solutions focused on shortening that critical "time-to-line" for dealer pre-owned inventory by eliminating waste in reconditioning processes. They now extend Vehlo's Dealership Fixed Ops customer experience suite beyond the customer-pay side of dealer service operations.

Company Info

Company
Vehlo
Location
Knoxville, Tennessee, United States
Company info
Vehlo is a leading provider of software and financial solutions for the automotive repair industry. Its product suite consists of everything the modern auto service provider needs to deliver an excellent customer experience and run a profitable business. Vehlo offers shop management and digital vehicle inspection tools for aftermarket auto repair shops, as well as dealer service lane solutions designed to improve efficiency. The company’s fintech solutions power payments, small business loans, and repair financing, allowing Vehlo to support repair operations at every touchpoint of the customer journey. To learn more, visit Vehlo.com.
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Trends

RaisedGrowth

The data in the raised column shows reported funding for this location/industry over last 90 days.

The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days.

Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage.

https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgknoxville
$430 K-90.4%
transportation
$1.1 B-8.4%