Tekion provides an AI‑native, cloud‑based Automotive Retail Cloud that unifies sales, service, parts, finance, and accounting for dealerships and OEMs on a single data platform. Its real‑time, role‑aware AI offers insights, workflow automation, and conversational interfaces, while embedded tools handle digital retail, payments, payroll, and advanced analytics. The solution delivers enterprise‑grade security and scalability for both single‑store and multi‑rooftop dealer groups.
Funding
$200M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
DIFounders
Product
Problem
Automotive dealerships and OEMs rely on fragmented, legacy software systems that require extensive integration, manual data entry, and siloed workflows, leading to inefficiencies, delayed decision‑making, and inconsistent customer experiences.
Solution
Tekion delivers an AI‑native, cloud‑based Automotive Retail Cloud (ARC) that unifies sales, service, parts, finance, and accounting on a single data foundation. Real‑time, role‑aware AI (T1) surfaces insights, recommends actions, and can execute tasks directly from a conversational interface. The platform embeds payments, payroll, digital retail, and service experiences, eliminating the need for third‑party bolt‑ons. Secure, ISO‑42001‑certified infrastructure ensures data privacy and compliance while providing enterprise‑scale performance for single‑store and multi‑rooftop dealer groups.
Target Audience
Primary customers are automotive dealerships and dealer groups of all sizes, as well as OEM partners seeking a unified, AI‑driven platform for sales, service, parts, and finance operations.
Features
- Unified dealer management system (DMS) that connects customers, vehicles, deals, repair orders, and financial records in real time
- Conversational AI interface (T1) that answers queries, ranks leads, and triggers workflows across the dealership
- Built‑in advanced analytics and AI‑driven recommendations for sales, service, and F&I operations
- Integrated digital retail tools: remote signing, video concierge, and virtual‑to‑visit experiences
- Embedded, PCI‑compliant payment processing (Tekion Pay) with multi‑payment‑method support and automated reconciliation
- AI‑enhanced service module (Service AI) that automates scheduling, approvals, and repair‑order generation
- Enterprise‑grade security, role‑based access, audit trails, and ISO‑42001 responsible‑AI certification
- Scalable cloud architecture that supports single dealerships and large multi‑rooftop groups with centralized configuration