Tekion
Tekion is the first and fastest cloud-native platform for automotive retail. Powered by Tekion AI, its platform leverages intelligent automation, real-time insights, and advanced decision support to enhance employee and customer experiences across the dealership ecosystem. Positively disrupting auto retail for the first time in over 50 years, Tekion has challenged the paradigm with its revolutionary platform: Automotive Retail Cloud (ARC) for retailers, Automotive Enterprise Cloud (AEC) for manufacturers and large automotive enterprises, and Automotive Partner Cloud (APC) for technology and industry partners. Leveraging cutting-edge technology, big data and AI, Tekion unifies OEMs, dealers, and consumers—streamlining operations and enabling the most modern and efficient automotive retail experiences ever.
Founded by Guru Sankararaman (CFO, SVP, Founder), Jayaprakash Vijayan (CEO, Founder), Jayaprakash (Jay) Vijayan (Founder & CEO)
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Growth | Jul 16, 2024 | $200M | $4B |
| Series D | Oct 5, 2021 | $250M | $3.5B |
| Series C | Oct 21, 2020 | $150M | $1B |
| Series B | Jan 16, 2019 | $30M | $236.5M |
| Series B | Jul 23, 2018 | $22M | $108.6M |
- IVIndex Ventures
- BIBMW i Ventures
- DIDragoneer Investment Group
- SVStorm Ventures
- ACAlkeon Capital
- DCDurable Capital Partners
- AVAirbus Ventures
- ENEXOR N.V.
- ACAME Cloud Ventures
- BVBluePointe Ventures
| Kind | Implied valuation | Price / share | Date |
|---|---|---|---|
| $4B | — | Oct 6, 2026 | |
| $941.8M | $2.50 | Aug 25, 2026 | |
| $941.8M | $2.50 | Aug 8, 2026 |
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Data as of Oct 14, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.