ALLIANCE VENTURES INVESTS IN TEKION, THE NEXT-GEN DIGITAL CLOUD PLATFORM FOR AUTOMOTIVE RETAIL
Summary
Investment in US provider of dealership software systems marks a new commitment for digital consumer experience in first year of corporate venture capital fund. Tekion brings connected digital experiences to automotive retail through the most advanced Machine Learning and Artificial Intelligence capabilities available. François Dossa, Alliance Global Vice President, Ventures and Open Innovation, said: “Renault-Nissan-Mitsubishi believes that automotive groups with the most advanced and digitally-connected customer services will enjoy significant competitive advantages. This is one of the reasons we are investing in Tekion, a company that is leveraging the most advanced technologies to provide digital experiences and solutions for automotive retail.” Founder and Chief Executive Officer of Tekion added: “At Tekion, we offer the latest technology from ML/AI to Big Data and Internet of Things, all integrated in one cloud platform, bringing a seamless digital experience from online to in-store. Tekion services car dealerships across the United States who seek a better way to do business while providing excellent customer experiences and increasing efficiency, revenue and retention.