Tekion

Tekion provides a cloud-based automotive retail platform that combines a dealer management system (DMS), CRM, digital retail, service, payments, payroll and analytics on one system. Its AI layer, T1, is a role-aware interface for dealership staff, and the company offers AI agents for service, F&I, accounting and CRM.

The website describes three product lines: Automotive Retail Cloud for dealers and retailers, Automotive Enterprise Cloud for OEMs and enterprise groups, and Automotive Partner Cloud for technology partners. It states that more than 3,000 dealerships use the platform. The pricing and revenue model is not described on the website.

Tekion was founded in 2016 by Jay Vijayan and Guru Sankararaman and is headquartered in Pleasanton, California, with offices in Bangalore and Chennai, India, according to job postings. The company reports a $200M growth equity raise in 2024 at an evaluation of $4B+. Its open roles, about 40 at the time of capture, cover engineering, product, finance, cloud operations and go-to-market, most of them based in Bangalore or Chennai.

Product: Cloud automotive retail platform with DMS, CRM, digital retail, service, payments, payroll, analytics and the T1 AI interface.