Disrupting a 50-year reliance on aging Dealer Management System platforms, Tekion has challenged the paradigm with the first and fastest cloud-native automotive retail platform, Automotive Retail Cloud (ARC). This transformative dealership software 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, ARC is simplifying the dealer/consumer relationship and journey.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/05/21 | $250,000,000 | Series D |
Advent International Alkeon Capital  Durable Capital Partners FM Capital Hyundai Motor Company Index Ventures | $3,500,000,000 |
| 07/16/24 | $200,000,000 | Growth |
Dragoneer Investment Group | $4,000,000,000 |
