Tekion - About the company
Tekion is a series D company based in Pleasanton (United States), founded in 2016 by Guru Sankararaman. It operates as a Provider of cloud-native platform for automotive retail and dealership operations. Tekion has raised $600M in funding from investors like Advent International, Alkeon Capital Management and Dragoneer Investment Group, with a current valuation of $4B. The company has 668 active competitors, including 34 funded and 62 that have exited. Its top competitors include companies like Reynolds and Reynolds, Epicor and CDK Global.
Sectors and market segments that Tekion operate in
Tekion serves in the Auto Tech market segments.The primary business model of Tekion is:Company Details
Provider of cloud-native platform for automotive retail and dealership operations. The platform offers tools for digital retail, customer relationship management, and service experiences. It provides advanced analytics, payment solutions, and virtual-to-visit experiences. The platform also supports digital shopping experiences for manufacturers, vehicle configuration, and financing options. It offers open application programming interfaces and data services.
- Website
- tekion.com
- Social
- Email ID
- *****@tekion.com, *****@tekion.com
- Phone Number
- +1 **********
- Registered Address
- San Ramon, California
Key Metrics
Founded Year
2016
Location
Pleasanton, United States
Stage
Series D
Total Funding
$600M in 5 rounds
Latest Funding Round
Post Money Valuation
$4B as on Jul 16, 2024
Investors
Ranked
3rd among 668 active competitors
Employee Count
1,981 as on Aug 31, 2025
Similar Companies
Legal entities associated with Tekion
Tekion is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TEKION UK LIMITED CIN: 14329429 , United Kingdom, Active | Aug 31, 2022 | - | 6 (As on Nov 30, 2023) | |
Tekion Corp CIN: 32069986712 , United States, Active | Nov 21, 2022 | - | 659 (As on Dec 31, 2024) | - |
TEKION INDIA PRIVATE LIMITED CIN: U72500KA2016FTC093023 , India, Active | May 09, 2016 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 1981 (As on Aug 31, 2025) | |
TEKION CORP CIN: 811354314 , Belgium, Active | Dec 26, 999 | - | 56 (As on Dec 31, 2019) | - |
TEKION FRANCE CIN: 912246493 , France, Deadpooled | Jan 10, 2024 | - | - | - |
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Tekion's funding and investors
Tekion has raised a total funding of $600M over 5 rounds. Its first funding round was on Jan 10, 2019. Its latest funding round was a PE round on Jul 16, 2024 for $200M. 1 investor participated in its latest round. Tekion has 19 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Tekion:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 16, 2024 | $200M | PE | $4B | - | - | |
Oct 05, 2021 | $250M | Series D | $3.5B | - | ||
Oct 21, 2020 | $150M | Series C | $1B | - |
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Tekion's founders and board of directors
Founder? Claim ProfileThe founders of Tekion is Guru Sankararaman. Jay Vijayan is the CEO of Tekion.
Here are the details of Tekion's key team members:
- Guru Sankararaman: Co-Founder & COO of Tekion.
View details of Tekion's Founder profiles and Board Members
Tekion's employee count trend
Tekion has 1,981 employees as of Aug 25. The total employee count is 5.0% more than what it was in Aug 24. Here is Tekion's employee count trend over the years:
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Tekion's Competitors and alternates
Top competitors of Tekion include Reynolds and Reynolds, Epicor and CDK Global. Here is the list of Top 10 competitors of Tekion, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Reynolds and Reynolds 1866, Dayton (United States), Acquired | Provider of retail management system, business forms, and related services | $24.8M | 74/100 | |
2nd |  Epicor 1972, Austin (United States), Acquired | Cloud-based enterprise resource planning software for the automotive industry | $229M | 72/100 | |
3rd |  Tekion 2016, Pleasanton (United States), Series D | Provider of cloud-native platform for automotive retail and dealership operations | $600M | 71/100 | |
4th | CDK Global 1972, Hoffman Estates (United States), Acquired | Platform offering software and services for automotive retail operations | - | 69/100 | |
5th |  Automobile industry Internet platform Daxu 2012, Hangzhou (China), Public | SaaS-driven dealership management solutions for automotive dealerships | $578M | 60/100 | |
6th | Seez 2016, United Arab Emirates, Series C | Developer of an online P2P marketplace for used cars | $18M | 59/100 | |
7th | Garaj Sepeti 2017, Istanbul (Turkey), Acquired | Vertical solutions for car owners & automotive workshops | $1.5M | 58/100 | |
8th | Excellon Software 2000, Nagpur (India), Unfunded | AI-powered operations management solutions for automotive dealerships | - | - | 53/100 |
9th | Dealertrack 2001, New Hyde Park (United States), Acquired | Provider of dealership software for managing finance, sales, and compliance | $7.5M | 52/100 | |
10th |  Keyloop 2002, Hungerford (United Kingdom), Funding Raised | Provider of automotive retail and technology solutions for dealerships | - | 50/100 |
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Tekion's Investments and acquisitions
Tekion has made no investments or acquisitions yet.
Reports related to Tekion
Here is the latest report on Tekion's geography:
News related to Tekion
Filter this listMedia has covered Tekion for a total of 16 events in the last 1 year, 6 of them have been about company updates and 5 about partnerships.
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Tekion Enhances AI Suite with Four New Additions and Partners with Brex for Expense ManagementAuto Remarketing•Jun 17, 2026•Tekion, Brex
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Tekion Unveils New AI Agents and T1 Pro, Its AI Interface and Agent OrchestratorBusiness Wire•Jun 16, 2026•Tekion
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Klarna and Tekion Drive Flexible Payments Into the Auto Service LaneBusiness Wire•May 21, 2026•Klarna, Tekion
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Spyne Partners With Tekion to Enhance AI-Driven Automotive Retail WorkflowsCyberMedia India Online•May 14, 2026•Spyne.ai, Tekion, Advent Resources
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DAS Technology Integrates with Tekion to Enhance Connectivity Across the Automotive EcosystemBusiness Wire•Apr 28, 2026•DAS Technology, Tekion
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Tekion, the AI-Native Platform, Sets a New Standard for Agentic AI in Automotive Retail at NADA 2026Business Wire•Feb 06, 2026•Tekion
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BLiNK AI Integrates with Tekion for Seamless Automotive Ecosystem ConnectivityAiThority•Nov 19, 2025•Tekion
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