
Tekion
Founded Year
2016Stage
Growth Equity | AliveTotal Raised
$600MValuation
$0000Last Raised
$200M | 9 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+121 points in the past 30 days
About Tekion
Tekion is a technology company that specializes in cloud-native platforms for the automotive industry. Its main offerings include dealer management systems (DMS), customer relationship management (CRM), digital retail solutions, and advanced analytics designed to streamline operations and enhance customer experiences. The company primarily serves the automotive retail and enterprise sectors with a focus on integrating various aspects of dealership and manufacturer operations. It was founded in 2016 and is based in Pleasanton, California.
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ESPs containing Tekion
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
Digital engagement platforms for the automotive space offer a range of software solutions designed to enhance customer interactions, streamline marketing efforts, and optimize sales processes. Some companies in the space are building digital marketing solutions, including website optimization, search engine marketing, and targeted advertising campaigns, aimed at increasing online visibility and dr…
Tekion named as Highflier among 6 other companies, including Impel, Orbee, and DealerOn.
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Expert Collections containing Tekion
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Tekion is included in 3 Expert Collections, including Store tech (In-store retail tech).
Store tech (In-store retail tech)
1,766 items
Companies that make tech solutions to enable brick-and-mortar retail store operations.
Unicorns- Billion Dollar Startups
1,270 items
Auto Commerce
700 items
Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.
Tekion Patents
Tekion has filed 45 patents.
The 3 most popular patent topics include:
- machine learning
- data management
- wireless networking

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
9/26/2023 | 1/14/2025 | Parsing algorithms, Rotating disc computer storage media, Parser generators, Diagrams, Configuration files | Grant |
Application Date | 9/26/2023 |
---|---|
Grant Date | 1/14/2025 |
Title | |
Related Topics | Parsing algorithms, Rotating disc computer storage media, Parser generators, Diagrams, Configuration files |
Status | Grant |
Latest Tekion News
Mar 19, 2025
Tekion , innovator of the first cloud-native platform serving the entire automotive retail ecosystem, announced the next evolution of its AI-powered platform with the introduction of Tekion AI Agents. Building on the success of Tekion AI Copilot for Service, first unveiled at NADA 2025, Tekion plans to launch a first-of-its-kind suite of AI Agents for the automotive industry, starting with Tekion AI Agent for Service. “With Tekion AI Agents, we’re moving beyond insights to real action—automating workflows, enhancing efficiency, and empowering dealership teams to deliver an unparalleled customer experience.” Tekion AI Agents represent the next evolution of AI within Tekion’s Automotive Retail Cloud (ARC) platform, designed to move beyond assistance into full workflow automation. It functions as an autonomous AI solution that executes tasks and actions on behalf of users and organizations. AI Copilot streamlined communication between technicians, service advisors, and customers which was a great first step for AI adoption. Tekion AI Agents take action—handling complex service processes end-to-end with minimal manual input. Tekion AI Agent for Service is the first in a broader suite of AI-driven solutions, automating key workflows such as identifying necessary repairs, initiating approvals, and coordinating next steps, all while ensuring the right level of oversight. “AI is at the core of Tekion’s vision to modernize and transform automotive retail,” said Jay Vijayan, Founder & CEO of Tekion. “Tekion AI is a Machine Learning Model (ML)-agnostic, Large Language Model (LLM)-agnostic, and vendor-agnostic AI engine that seamlessly integrates both Generative and Predictive AI models. This flexibility allows a seamless switch between models, ensuring the best results for our customers. Tekion AI is backed by a business context-rich, unified Data Layer that enables seamless adaptation to the rapidly evolving AI landscape. With Tekion AI Agents, we’re moving beyond insights to real action—automating workflows, enhancing efficiency, and empowering dealership teams to deliver an unparalleled customer experience. Dealers are seeing real value, and this is just the beginning of what Tekion AI will bring to the industry.” Customer feedback: “Tekion AI is revolutionizing our service department by allowing our advisors to focus more on customers and less on manual processes,” said Finley Ewing IV, CEO of Ewing Automotive Group, one of the early adopters of Tekion AI. “Seeing AI recognize deferred recommendations, track mileage since the last service and proactively surface insights is beyond impressive. This level of automation not only helps technicians and advisors sell valuable services – it ultimately leads to safer cars on the road. We’re excited for what’s next with Tekion AI Agents, taking automation even further to enhance both the customer and dealership experience.” Seamless Task Execution – Automates end-to-end workflows, reducing manual intervention. Enhanced Customer Interactions – Provides real-time, AI-driven service updates and approvals. Increased Efficiency – Cuts down on administrative tasks, allowing advisors to spend more time with customers. Improved Profitability – Reduces bottlenecks, enhances upsell opportunities, and drives operational success. Tekion AI: A Vertical AI Solution for Automotive Tekion AI Agents are part of Tekion AI, a broader Vertical AI initiative designed to revolutionize automotive retail operations across all departments. Unlike traditional AI tools focused on siloed tasks, Tekion AI Agents proactively execute dealership workflows end-to-end, ensuring real-time collaboration and process automation. The introduction of AI Agent for Service is just the beginning of many more to come. Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.
Tekion Frequently Asked Questions (FAQ)
When was Tekion founded?
Tekion was founded in 2016.
Where is Tekion's headquarters?
Tekion's headquarters is located at 5934 Gibraltar Drive, Pleasanton.
What is Tekion's latest funding round?
Tekion's latest funding round is Growth Equity.
How much did Tekion raise?
Tekion raised a total of $600M.
Who are the investors of Tekion?
Investors of Tekion include Dragoneer Investment Group, Index Ventures, Advent International, Durable Capital Partners, Alkeon Capital Management and 12 more.
Who are Tekion's competitors?
Competitors of Tekion include DealerCenter and 2 more.
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Compare Tekion to Competitors
DealerCenter is a car dealership management software system for independent auto dealers. It provides inventory management, payment processing, and customer management features.

Kerridge Commercial Systems (KCS) provides specialist software, services, and support to deliver integrated trading and business management solutions to trade, wholesale, manufacturing, and distribution customers across the world. The company offers a solution based on the K8 business management system, with a range of supporting and managed services. It was founded in 1976 and is based in Berkshire, United Kingdom.
DMS Innovations offers a Microsoft Dynamics AX-based dealership management system for automotive dealerships. It replaces current legacy systems (ADP, Reynolds, and Reynolds). It provides two-way, open access to the data and can be integrated into third-party systems using the built-in integration framework. It offers this solution as a hosted hardware service, so there is no hardware to purchase. DMS Innovations was founded in 2008 and is based in Minneapolis, Minnesota.
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myKaarma is a provider of automotive service software for franchise auto dealers. The company offers a platform that includes dealer scheduling, communications, payments, pickup and delivery, video multi-point inspections, and Business Development Center solutions. myKaarma's solutions are focused on the automotive industry. It was founded in 2012 and is based in Long Beach, California.
AutoRaptor specializes in automotive CRM software, focusing on sales management and customer relationship management within the automotive industry. The company offers a suite of tools for lead management, sales process automation, and customer data management, designed to streamline dealership operations and enhance sales productivity. AutoRaptor's CRM solutions cater to the needs of auto dealerships, providing features such as communication tools, mobile app accessibility, and integration with dealership management systems. It was founded in 2006 and is based in Providence, Rhode Island.
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