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About
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 Big Data, IoT, and Machine Learning to provide dealerships with a centralized view and performance metrics, enhancing management and operational efficiency. Tekion stands out by integrating seamlessly with major OEMs at no extra cost and using machine learning to identify sales opportunities. The company's goal is to improve dealership efficiency, profitability, and customer experience.
Company Stage
Growth Equity (Venture Capital)
Employees
1,001-5,000
Industries
Data & Analytics, Automotive & Transportation, AI & Machine Learning
Total Funding
$617.8M
Headquarters
Pleasanton, California
Founded
2016
Simplify's Take
What believers are saying
- Increased adoption of cloud-native solutions boosts demand for Tekion's platform.
- Strategic partnerships enhance Tekion's capabilities and expand market reach.
- Subscription-based SaaS model provides Tekion with stable, recurring revenue.
What critics are saying
- Lawsuit against CDK Global could lead to prolonged legal battles and financial strain.
- Integration with new partners may challenge data security and system compatibility.
- Rapid AI expansion could attract ethical and regulatory scrutiny.
What makes Tekion unique
- Tekion offers the first cloud-native platform for the automotive retail industry.
- The platform integrates AI and machine learning for predictive analytics and customer engagement.
- Tekion's seamless connectivity unites OEMs, retailers, and consumers on one platform.
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6 month growth
↑ 1%1 year growth
↑ 4%2 year growth
↑ 14%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
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