You can edit almost every page by Creating an account. Otherwise, see the FAQ.

Tekion

From EverybodyWiki Bios & Wiki







Script error: No such module "Draft topics". Script error: No such module "AfC topic".

Tekion
Private
ISIN🆔
IndustryCloud Computing, Software, SaaS
Founded 📆2016
Founder 👔Jay Vijayan (CEO), Guru Sankararaman (CFO)
Headquarters 🏙️California, United States
Area served 🗺️
Worldwide
Members
Number of employees
🌐 Websitehttps://tekion.com/
📇 Address
📞 telephone

Tekion is an American cloud-based software as a service (SaaS) company that develops softwares centering automotive industry.[1][2] Founded in 2016 by Jay Vijayan and Guru Sankararaman, Tekion operated in stealth mode for initial few years after inception up until early 2019.[3][4][5]

In 2020, Tekion launched Automotive Retail Cloud (ARC), an AI-driven retail and dealer management system.[6][7] Later that same year, Tekion became a unicorn after raising $150 million as part of its series C funding round led by private equity firm Advent International.[2][8]

In October 2021, Tekion raised $250 million in its series D funding round led by Alkeon Capital and Durable Capital valuing the company at $3.5 billion.[9][10]

See also[edit]

References[edit]

  1. Ghosh, Rajiv. "A former Tesla mind and a 'cool' tech to beat rigid legacy: how Tekion took auto retail to the cloud". The Economic Times. Retrieved 2021-04-16.
  2. 2.0 2.1 "This former Tesla CIO just raised $150 million more to pull car dealers into the 21st century". TechCrunch. Retrieved 2021-04-16. Unknown parameter |url-status= ignored (help)
  3. Lambert, Fred (2016-04-03). "Tesla's Chief Information Officer left to form a stealth startup". Electrek. Retrieved 2021-04-16. Unknown parameter |url-status= ignored (help)
  4. Singh, Shipra (2020-10-22). "Ex-Tesla CIO's Auto Tech Startup Tekion Becomes a Unicorn in Under 4 Yrs". Entrepreneur. Retrieved 2021-04-16.
  5. "We Are Salesforce But 20 Years In The Future: Tekion CEO Jay Vijayan". Moneycontrol. Retrieved 2021-04-18.
  6. Reporter, B. S. (2020-02-14). "Tech startup Tekion launches cloud-based automotive dealer management". Business Standard India. Retrieved 2021-04-18.
  7. "Tekion launches Automotive Retail Cloud to disrupt automotive industry". DATAQUEST. 2020-02-13. Retrieved 2021-04-18. Unknown parameter |url-status= ignored (help)
  8. Mathur, Nandita (2020-10-21). "Tekion joins the unicorn club". mint. Retrieved 2021-04-16.
  9. Tan, Gillian. "Tekion Valued at $3.5 Billion as Durable, Alkeon, Hyundai Invest". BloombergQuint. Retrieved 2022-02-13.
  10. Tejaswi, Mini (2021-10-05). "Tekion raises $250 million from pack of investors". The Hindu. ISSN 0971-751X. Retrieved 2022-02-15.


This article "Tekion" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Tekion. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.