Tekion Corp Strengths, Domain Expertise, and Key Differentiators
Tekion’s biggest differentiator is its cloud-native, API-first architecture built from the ground up for the automotive retail industry. Unlike legacy DMS systems, ARC is modular, scalable, and deeply integrated with third-party services. Its real-time data synchronization, IoT vehicle telemetry integrations, and AI-powered analytics create unparalleled operational visibility and automation.
The platform also embeds Gen AI features across user touchpoints—from chatbots for customer inquiries to AI agents for workflow optimization, including repair order tracking and automated marketing. Tekion’s innovation cadence and domain-specific AI focus distinguish it as a true digital disruptor.
Tekion Corp Recent Developments
Tekion made key executive appointments to support its focus on product scalability, data-driven automation, and customer experience optimization. Binu Mathew was appointed as Chief Technology Officer, bringing experience in enterprise software and platform modernization, Ishani Dasgupta was appointed as Chief Financial Officer, and David Colman as Chief Revenue Officer
In April 2024, Tekion launched AI Agents, introducing automation across workflows such as service follow-ups, repair order updates, and personalized communications. This followed the release of an enhanced AI engine, which supports natural language interactions and campaign-level insights within the Automotive Retail Cloud
Tekion Corp Mergers and Acquisitions (M&A) Activities
In 2023, Tekion completed the acquisition of Five64, a provider of state and interstate vehicle registration and title automation solutions. This move broadens Tekion’s product scope and data service offerings to include regulatory and compliance data integration, creating new marketing use cases such as predictive outreach for vehicle registration renewals and embedded service upsells.
In November 2023, Tekion announced a $200 million investment round led by Dragoneer Investment Group, aimed at accelerating global expansion and product R&D. The capital is expected to support scaling Tekion’s marketing analytics capabilities, deeper CRM integrations, and platform extensibility for automotive retail ecosystems.
Tekion Corp Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Tekion Corp applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Tekion Corp and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Tekion Automotive Retail Cloud customers.
Tekion Corp Overview
5934 Gibraltar Dr,
Pleasanton, CA , 94588, United States
1 833-835-4662
https://www.tekion.com/
Ownership: - x
Number of Employees: 2500
Functional Markets: Analytics and BI, CRM, eCommerce, ERP Financial, ERP Services and Operations,
Key Verticals: Automotive,
Tekion Corp Key Enterprise and Cloud Applications
Tekion Automotive Retail Cloud
Tekion Corp Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Tekion Corp Revenue Breakdown By Type, $M:
Tekion Corp Enterprise Applications Revenues By Functional Markets, $M:
Tekion Corp Enterprise Applications Revenues By Verticals, $M:
Tekion Corp Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Tekion Corp Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Tekion Corp Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Tekion Corp Customers
No. of Tekion Corp Customers: x
No. of Tekion Corp Enterprise Applications Customers: x
No. of Tekion Corp Cloud Customers: x
No. of Tekion Corp Cloud Subscribers: x
Tekion now serves hundreds of dealerships across North America, with growing footprints in Europe and Asia-Pacific. Notable wins include Asbury Automotive Group and Ken Garff Auto Group, two of the largest dealer groups in the U.S. These wins highlight Tekion’s ability to serve large enterprise clients with complex integration and scalability requirements.
Tekion Corp Market Opportunities, M&A and Geo Expansions
Tekion is positioned to expand its footprint by addressing unmet needs in dealership digitization, customer experience automation, and service lifecycle engagement. Growing demand for cloud-native platforms among international dealerships—particularly in regions like Europe, and Southeast Asia—presents new revenue potential
Tekion Corp Risks and Challenges
Tekion faces risks common to fast-growing cloud SaaS companies in automotive retail. Adoption depends on continued digital transformation, which can be affected by economic shifts. Reliance on AI, ML, and cloud tech demands ongoing innovation and investment, with competition from established and new players. Expanding globally may bring regulatory and localization challenges.
Tekion Corp Ecosystem, Partners, Resellers and SI
Tekion operates a hybrid ecosystem strategy that combines direct platform delivery with a growing partner network aimed at expanding service interoperability, data exchange, and go-to-market coverage. A central component of this strategy is the Tekion Automotive Partner Cloud (APC)—a digital marketplace and integration hub that connects third-party technology providers, service vendors, and software platforms to Tekion’s Automotive Retail Cloud.
The company also offers self-service access and onboarding through the APC portal, allowing vendors and developers to list, certify, and manage their apps and services.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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