When was Tekion founded?

Tekion was founded in 2016 and became a unicorn in 2020, reaching the milestone in 4 years. It raised its 1st funding round 3 years after its incorporation.

Where is Tekion located?

Tekion is headquartered in Pleasanton, United States. It is registered at San Ramon, California.

How many employees does Tekion have?

As of Aug 31, 2025, the latest employee count at Tekion is 1981.

Is Tekion a funded company?

Tekion is a funded company, having raised a total of $600M across 5 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round on Jan 10, 2019.

How much is Tekion worth?

The latest valuation of Tekion is $4B as of Jun 02, 2025.

When was the latest funding round of Tekion?

Tekion's latest funding was a $200M PE round on Jul 16, 2024, with participation from 1 investor.

Is Tekion a Auto IT company?

The primary sector of Tekion is Auto IT.

Where does Tekion rank among its competitors?

Tekion ranks 2nd amongst 745 active competitors, of which 34 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Seez, which secured $4.2M in Sep, 2024.

Who are the top competitors of Tekion?

Tekion's top competitors include Epicor, Reynolds and Reynolds and CDK Global. Among them, Seez secured the most recent funding round in September, 2024.

Tekion - 2026 Company Profile, Team, Funding & Competitors

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 745 active competitors, including 34 funded and 67 that have exited. Its top competitors include companies like Epicor, Reynolds and Reynolds 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:

Auto Tech > Auto IT > ***** **** > ***** ******

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

PE, Jul 16, 2024, $200M

Post Money Valuation

$4B as on Jun 02, 2025

Investors

Advent International & 19 more

Ranked

2^nd among 745 active competitors

Employee Count

1,981 as on Aug 31, 2025

Investment & Acquisitions

Five64

Similar Companies

Reynolds and Reynolds & 766 more

View Tekion's full profile

Tekion is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TEKION FRANCE CIN: 912246493 , France, Deadpooled	Jan 10, 2024	-	-	-
Tekion Corp CIN: 32069986712 , United States, Active	Nov 21, 2022	-	659 (As on Dec 31, 2024)	-
TEKION UK LIMITED CIN: 14329429 , United Kingdom, Active	Aug 31, 2022	-	6 (As on Nov 30, 2023)
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 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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 16, 2024	$200M	PE	$4B	-	Dragoneer Investment Group	-
Oct 05, 2021	$250M	Series D	$3.5B	-	Alkeon Capital Management, Durable Capital Partners	Hyundai, Index Ventures, Advent International, FM Capital
Oct 21, 2020	$150M	Series C	$1B	-	Advent International	Index Ventures, Exor, Airbus Ventures, General Motors, BMW i Ventures, Joe Serra, FM Capital, Renault–Nissan–Mitsubishi Alliance

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View details of Tekion's funding rounds and investors

The founders of Tekion is Guru Sankararaman.

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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Top competitors of Tekion include Epicor, Reynolds and Reynolds and CDK Global. Here is the list of Top 10 competitors of Tekion, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Epicor 1972, Austin (United States), Acquired	Cloud-based enterprise resource planning software for the automotive industry	$229M	CPP Investments, CFT Capital Partners & 10 others	72/100
2nd	Tekion 2016, Pleasanton (United States), Series D	Provider of cloud-native platform for automotive retail and dealership operations	$600M	AME Cloud Ventures, Dragoneer Investment Group ... & 18 others	71/100
3rd	Reynolds and Reynolds 1866, Dayton (United States), Acquired	Provider of retail management system, business forms, and related services	$24.8M	ValueAct Capital, Deutsche Bank & 1 others	70/100
4th	CDK Global 1972, Hoffman Estates (United States), Acquired	Platform offering software and services for automotive retail operations	-	Elliott Management, Sachem Head & 1 others	69/100
5th	Automobile industry Internet platform Daxu 2012, Hangzhou (China), Public	SaaS-driven dealership management solutions for automotive dealerships	$578M	Primavera, Morningside Capital & 11 others	61/100
6th	Seez 2016, United Arab Emirates, Series C	Developer of an online P2P marketplace for used cars	$18M	B&Y Venture Partners, Phoenician VC & 8 others	59/100
7th	Garaj Sepeti 2017, Istanbul (Turkey), Acquired	Vertical solutions for car owners & automotive workshops	$1.5M	Finberg, Fark Labs & 8 others	58/100
8th	Nextlane 2000, Paris (France), Acquired	Dealership management solutions for automotive dealerships	-	PSG, Access Capital Partners	55/100
9th	Keyloop 2002, Hungerford (United Kingdom), Funding Raised	Provider of automotive retail and technology solutions for dealerships	-	Francisco Partners, Inflexion	54/100
10th	Excellon Software 2000, Nagpur (India), Unfunded	AI-powered operations management solutions for automotive dealerships	-	-	53/100