Tekion, a cloud-based automotive retail SaaS platform, raised $200M from Dragoneer Investment Group at a $4B valuation.
Tekion, a cloud-based SaaS platform for the automotive retail industry, raised $200M from Dragoneer Investment Group, valuing the company at over $4B. Founded by Jay Vijayan in 2016, Tekion will use the funds to expand market reach and develop services for retailers and OEMs. The company has a global workforce of nearly 3,000, and partnerships with 2,000 automotive retailers, OEMs, and 250 technology partners.
July 16, 2024
5 Articles