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About Tekion
Industries
Data & Analytics
Automotive & Transportation
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$635.1M
Headquarters
Pleasanton, California
Founded
2016
Overview
Tekion offers a cloud-native platform tailored for the automotive retail industry, with its main product being a Dealer Management System (DMS). This system uses technologies like Big Data, IoT, and Machine Learning to provide dealerships with centralized performance metrics and improve operational efficiency. Tekion stands out by integrating seamlessly with major OEMs at no extra cost, helping clients reduce expenses. The company's goal is to enhance dealership efficiency, profitability, and customer experience.
Simplify's Take
What believers are saying
- Tekion secured $200 million in growth capital for platform expansion and tech enhancement.
- Strategic partnerships with Sharebox and Curbee expand Tekion's ecosystem and platform value.
- Increased AI adoption in automotive retail drives demand for Tekion's AI-powered solutions.
What critics are saying
- Legal battles with CDK Global could harm Tekion's reputation and financial standing.
- Rapid expansion may strain resources, leading to potential operational inefficiencies.
- Resistance from traditional dealerships may slow down adoption of Tekion's advanced tech solutions.
What makes Tekion unique
- Tekion offers the first cloud-native platform for the automotive retail industry.
- The platform integrates OEMs, retailers, and consumers seamlessly, enhancing operational efficiency.
- Tekion's AI Agents boost business value by enhancing customer engagement and operational efficiency.
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Funding
Total Funding
$635.1M
Above
Industry Average
Funded Over
6 Rounds
Benefits
Competitive compensation and generous stock options
100% employer-paid top-of-the-line medical, dental and vision coverage
Great benefits including unlimited PTO, parental leave and free snacks and beverages
The opportunity to work with some of the brightest minds from Silicon Valley’s most dominant and successful companies
Be part of an early stage, hyper-growth start-up with the opportunity to grow and prosper
Work on the latest and coolest technologies – everything is home-grown and built ground-up
A dynamic work environment with a strong sense of community and collaboration
The open and transparent culture that encourages innovation, rewards performance and discourages hierarchy
Exciting opportunities for career growth and development
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↑ 0%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.
Feb 11 (Reuters) - Automotive retail software giant CDK Global has sued rival Tekion in U.S. court, accusing it of an illegal cyber hacking campaign to scrape confidential data from dealerships' computer systems in a bid to drive new business.
Dealership management system upstart Tekion has inked a new partnership with longtime Reynolds and Reynolds customer Ken Garff Automotive Group, a Utah-based dealership group with 70 stores across nine states.
Automotive software firm Tekion is suing CDK Global over alleged anti-competitive practices involving dealership data.
Sharebox joins the Tekion strategic Partner program to streamline secure key management for dealerships.
Tekion is Hiring for 61 Jobs on Simplify!
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About Tekion
Industries
Data & Analytics
Automotive & Transportation
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$635.1M
Headquarters
Pleasanton, California
Founded
2016
Tekion is Hiring for 61 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Tekion