Secures Series A Funding Backed By Global Business Leader John Paul DeJoria And Others (Press Release)
Summary
DALLAS, Texas (June 2023) Space Auto, the new integrated software and marketing solution for car dealerships, announced that the company has secured a Series A funding round with a group of investors that includes Global Business Leader and Philanthropist John Paul DeJoria.The funding is earmarked specifically for building out dynamic AI automation across Space Autos website, retailing, and CRM software products to exponentially improve the car buying process for both consumers and dealerships.Welcome to the future of AI in car dealerships. His relentless pursuit of growth and building first-class, global products and brands, combined with a knack for cultivating kindness in business culture, makes him an ideal partner. This partnership will allow us to expand our offerings while staying true to our mission of reimagining the car buying experience.Space Auto, founded by Nick Askew, is committed to a product roadmap that will capitalize on centralized data and the latest AI tech. Using proprietary software, Space Autos future includes developing products that will automate tasks, such as checking for inventory or vehicle details, shopping across banks for real-time loans, and speeding up consumer-dealer communications and interactions. The company offers Software (Website, Retailing, CRM) and Digital Marketing to both independent and OEM dealerships, including BMW, Nissan, Kia, Honda, GMC, Hyundai, and many others.