Tekion Corp Raises $250 Million, Valuation Trebles In Just One Year
PRIVATEOct 05, 2021
Amount Raised
$250 Million
Round Type
Funding Round
PleasantonSoftware
Description
Bengaluru: Tekion Corp, a cloud-native platform for automotive retail industry, has raised $250 million in a Series D funding round led by Alkeon Capital and Durable Capital.
Who to call at Tekion, and when
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Who you already know at Tekion, from your own LinkedIn network
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Company Information
Company
Tekion
Location
Pleasanton, California, United States
About
Positively disrupting an industry that has not seen disruption in over 50 years, Tekion has challenged the paradigm with the first and fastest cloud-native automotive platform that includes the revolutionary Automotive Retail Cloud (ARC) for retailers, Automotive Enterprise Cloud (AEC) for manufacturers and other large automotive enterprises, and Automotive Partner Cloud (APC) for technology and industry partners. Tekion connects the entire spectrum of the automotive retail ecosystem through one seamless platform. The transformative 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, Tekion is enabling the best automotive retail experiences ever.
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Fundz sees it the moment Tekion raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
PleasantonSoftware