Tekion valuation, funding and investors

Tekion works in automotive retail platform development, based in Pleasanton, United States. Founded in 2016, it has about 3,020 employees.

Tech Companies Growth Equity

VALUATION · TODAY

$4.62B −1% after Growth

Range $2.14B – $5.31B · Grade B

TODAY

+12 MO

$2.00B

$4.00B

$6.00B

$8.00B

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Seed $3.10M

Series C $150M

Series D $250M

Growth $200M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY3,016 employees

+11%6m growth

+11%1y growth

+16%2y growth

2,000

4,000

Data from Jan 2021

TODAY

Predicted in 1 yr $4.58B −1% vs today

Predicted next raise $409M if a round comes

Winding-down probability 0%

Last round: Growth · $200M · Jul 2024
Valuation at last round: $4.00B
Headcount: 3,016 · up
Grade: B
Founded: 2016

How VCMC values companies →

Tekion valuation today

VCMC values Tekion at $4.6B today, with a range of $2.1B to $5.3B and a grade of B. The valuation starts from its last funding round, a growth round in Jul 2024.

Valuation by date (135 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Tekion: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2016	$5.41M	$1.97M – $14.9M	$6.49M (+20%)	before first round	–	unknown	D	0%
1 Feb 2016	$5.44M	$1.98M – $14.9M	$6.67M (+23%)	before first round	–	unknown	D	0%
1 Mar 2016	$12.4M	$8.15M – $37.7M	$24.8M (+100%)	after a round	–	unknown	C	0%
2 Mar 2016	$12.4M	$8.15M – $37.7M	$24.8M (+100%)	after a round	–	unknown	C	0%
1 Apr 2016	$13.2M	$8.15M – $37.7M	$24.8M (+89%)	after a round	–	unknown	C	0%
1 May 2016	$13.9M	$8.15M – $37.7M	$24.8M (+78%)	after a round	–	unknown	C	0%
1 Jun 2016	$14.8M	$8.15M – $37.7M	$24.8M (+68%)	after a round	–	unknown	C	0%
1 Jul 2016	$15.6M	$8.15M – $37.7M	$24.8M (+59%)	after a round	–	unknown	C	0%
1 Aug 2016	$16.6M	$8.15M – $37.7M	$24.8M (+50%)	after a round	–	unknown	C	0%
1 Sep 2016	$17.6M	$8.15M – $37.7M	$24.8M (+41%)	after a round	–	unknown	C	0%
1 Oct 2016	$18.6M	$8.15M – $37.7M	$24.8M (+33%)	after a round	–	unknown	C	0%
1 Nov 2016	$19.7M	$8.15M – $37.7M	$24.8M (+26%)	after a round	–	unknown	C	0%
1 Dec 2016	$20.9M	$8.15M – $37.7M	$24.8M (+19%)	after a round	–	unknown	C	0%
1 Jan 2017	$22.2M	$8.15M – $37.7M	$24.8M (+12%)	after a round	–	unknown	C	0%
1 Feb 2017	$23.5M	$8.15M – $37.7M	$24.8M (+6%)	after a round	–	unknown	C	0%
1 Mar 2017	$24.8M	$8.15M – $37.7M	$24.8M (0%)	after a round	–	unknown	C	0%
1 Apr 2017	$24.8M	$7.75M – $37.7M	$24.8M (0%)	after a round	–	unknown	C	0%
1 May 2017	$24.8M	$7.37M – $37.7M	$24.8M (0%)	after a round	–	unknown	C	0%
1 Jun 2017	$24.8M	$7.01M – $37.7M	$24.8M (0%)	after a round	–	unknown	C	0%
1 Jul 2017	$24.8M	$6.67M – $37.7M	$24.8M (0%)	after a round	–	unknown	C	0%
1 Aug 2017	$24.8M	$6.34M – $37.7M	$24.8M (0%)	after a round	–	unknown	C	0%
1 Sep 2017	$24.8M	$6.02M – $37.7M	$24.8M (0%)	after a round	–	unknown	C	0%
1 Oct 2017	$24.8M	$5.73M – $37.7M	$24.8M (0%)	after a round	–	unknown	C	0%
1 Nov 2017	$24.8M	$5.45M – $37.7M	$24.8M (0%)	after a round	–	unknown	C	0%
1 Dec 2017	$24.8M	$5.19M – $37.7M	$24.8M (0%)	after a round	–	unknown	C	0%
1 Jan 2018	$24.8M	$4.93M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Feb 2018	$24.8M	$4.69M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Mar 2018	$24.8M	$4.48M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Apr 2018	$24.8M	$4.25M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 May 2018	$24.8M	$4.05M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Jun 2018	$24.8M	$3.85M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Jul 2018	$24.8M	$3.66M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Aug 2018	$24.8M	$3.48M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Sep 2018	$24.8M	$3.31M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Oct 2018	$24.8M	$3.15M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Nov 2018	$24.8M	$2.99M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Dec 2018	$24.8M	$2.85M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Jan 2019	$24.8M	$2.71M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Feb 2019	$24.8M	$2.57M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Mar 2019	$24.8M	$2.46M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Apr 2019	$24.8M	$2.33M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 May 2019	$24.8M	$2.22M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Jun 2019	$24.8M	$2.11M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Jul 2019	$24.8M	$2.01M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Aug 2019	$24.8M	$1.91M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Sep 2019	$24.8M	$1.82M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Oct 2019	$24.8M	$1.73M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Nov 2019	$24.8M	$1.64M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Dec 2019	$24.8M	$1.56M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Jan 2020	$24.8M	$1.49M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Feb 2020	$24.8M	$1.41M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Mar 2020	$24.8M	$1.35M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Apr 2020	$24.8M	$1.28M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 May 2020	$24.8M	$1.22M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Jun 2020	$24.8M	$1.16M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Jul 2020	$24.8M	$1.10M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Aug 2020	$24.8M	$1.05M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Sep 2020	$24.8M	$1.00M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
1 Oct 2020	$24.8M	$0.95M – $37.7M	$24.8M (0%)	after a round	–	unknown	D	0%
22 Oct 2020	$1.0B	$869M – $1.5B	$1.3B (+30%)	after a round	–	unknown	A	0%
1 Nov 2020	$1.0B	$869M – $1.5B	$1.3B (+29%)	after a round	–	unknown	A	0%
1 Dec 2020	$1.0B	$869M – $1.5B	$1.3B (+26%)	after a round	–	unknown	A	0%
1 Jan 2021	$1.1B	$869M – $1.5B	$1.3B (+23%)	after a round	380	unknown	A	0%
1 Feb 2021	$1.1B	$869M – $1.5B	$1.3B (+21%)	after a round	380	unknown	A	0%
1 Mar 2021	$1.1B	$869M – $1.5B	$1.3B (+18%)	after a round	380	unknown	A	0%
1 Apr 2021	$1.1B	$869M – $1.5B	$1.3B (+16%)	after a round	380	unknown	A	0%
1 May 2021	$1.1B	$869M – $1.5B	$1.3B (+13%)	after a round	380	unknown	A	0%
1 Jun 2021	$1.2B	$869M – $1.5B	$1.3B (+11%)	after a round	380	unknown	A	0%
1 Jul 2021	$1.2B	$869M – $1.5B	$1.3B (+8%)	after a round	380	unknown	A	0%
1 Aug 2021	$1.2B	$869M – $1.5B	$1.3B (+6%)	after a round	380	unknown	A	0%
1 Sep 2021	$1.3B	$869M – $1.5B	$1.3B (+4%)	after a round	380	unknown	A	0%
1 Oct 2021	$1.3B	$869M – $1.5B	$1.3B (+1%)	after a round	380	unknown	A	0%
6 Oct 2021	$3.5B	$3.0B – $5.2B	$4.6B (+30%)	after a round	380	unknown	A	0%
1 Nov 2021	$3.6B	$3.0B – $5.2B	$4.6B (+28%)	after a round	380	unknown	A	0%
1 Dec 2021	$3.6B	$3.0B – $5.2B	$4.6B (+25%)	after a round	380	unknown	A	0%
1 Jan 2022	$3.7B	$3.0B – $5.2B	$4.6B (+22%)	after a round	380	unknown	A	0%
1 Feb 2022	$3.8B	$3.0B – $5.2B	$4.6B (+19%)	after a round	380	unknown	A	0%
1 Mar 2022	$3.9B	$3.0B – $5.2B	$4.6B (+17%)	after a round	1,500	growing	A	0%
1 Apr 2022	$4.0B	$3.0B – $5.2B	$4.6B (+14%)	after a round	1,500	growing	A	0%
1 May 2022	$4.1B	$3.0B – $5.2B	$4.6B (+12%)	after a round	1,500	growing	A	0%
1 Jun 2022	$4.2B	$3.0B – $5.2B	$4.6B (+9%)	after a round	1,500	growing	A	0%
1 Jul 2022	$4.2B	$3.0B – $5.2B	$4.6B (+7%)	after a round	1,500	growing	A	0%
1 Aug 2022	$4.3B	$3.0B – $5.2B	$4.6B (+5%)	after a round	1,500	unknown	A	0%
1 Sep 2022	$4.4B	$3.0B – $5.2B	$4.6B (+2%)	after a round	1,500	unknown	A	0%
1 Oct 2022	$4.5B	$3.0B – $5.2B	$4.6B (0%)	after a round	1,500	unknown	A	0%
1 Nov 2022	$4.6B	$2.9B – $5.2B	$4.6B (0%)	after a round	1,500	unknown	A	0%
1 Dec 2022	$4.6B	$2.8B – $5.2B	$4.6B (0%)	after a round	1,500	unknown	B	0%
1 Jan 2023	$4.6B	$2.7B – $5.2B	$4.6B (0%)	after a round	1,500	unknown	B	0%
1 Feb 2023	$4.9B	$3.2B – $5.7B	$4.9B (0%)	after a round	2,200	growing	A	0%
1 Mar 2023	$4.9B	$3.2B – $5.7B	$4.9B (0%)	after a round	2,200	growing	A	0%
1 Apr 2023	$4.9B	$3.3B – $5.7B	$4.9B (0%)	after a round	2,200	growing	A	0%
1 May 2023	$4.9B	$3.3B – $5.7B	$4.9B (0%)	after a round	2,200	growing	A	0%
1 Jun 2023	$4.9B	$3.4B – $5.7B	$4.9B (0%)	after a round	2,200	growing	A	0%
1 Jul 2023	$4.9B	$3.4B – $5.7B	$4.9B (0%)	after a round	2,200	growing	A	0%
1 Aug 2023	$4.9B	$3.4B – $5.7B	$4.9B (0%)	after a round	2,200	growing	A	0%
1 Sep 2023	$4.9B	$2.0B – $5.7B	$4.9B (0%)	after a round	2,200	unknown	B	0%
1 Oct 2023	$4.9B	$1.9B – $5.7B	$4.9B (0%)	after a round	2,200	unknown	B	0%
1 Nov 2023	$4.9B	$1.7B – $5.7B	$4.9B (0%)	after a round	2,200	unknown	B	0%
1 Dec 2023	$4.9B	$1.7B – $5.7B	$4.9B (0%)	after a round	2,200	unknown	C	0%
1 Jan 2024	$4.9B	$1.6B – $5.7B	$4.9B (0%)	after a round	2,200	unknown	C	0%
1 Feb 2024	$4.9B	$1.5B – $5.7B	$4.9B (0%)	after a round	2,200	unknown	C	0%
1 Mar 2024	$4.9B	$1.4B – $5.7B	$4.9B (0%)	after a round	2,200	unknown	C	0%
1 Apr 2024	$5.1B	$2.4B – $5.9B	$5.0B (-3%)	after a round	2,500	up	B	0%
1 May 2024	$5.1B	$2.4B – $5.9B	$4.9B (-3%)	after a round	2,500	up	B	0%
1 Jun 2024	$5.1B	$2.3B – $5.9B	$4.9B (-4%)	after a round	2,500	up	B	0%
1 Jul 2024	$5.1B	$2.3B – $5.9B	$4.9B (-4%)	after a round	2,500	up	B	0%
17 Jul 2024	$4.0B	$3.5B – $5.1B	$4.4B (+10%)	after a round	2,500	up	A	0%
1 Aug 2024	$4.0B	$3.5B – $5.1B	$4.4B (+10%)	after a round	2,500	unknown	A	0%
1 Sep 2024	$4.0B	$3.5B – $5.1B	$4.4B (+9%)	after a round	2,600	flat	A	0%
1 Oct 2024	$4.1B	$3.5B – $5.1B	$4.4B (+8%)	after a round	2,600	flat	A	0%
1 Nov 2024	$4.1B	$3.5B – $5.1B	$4.4B (+7%)	after a round	2,600	flat	A	0%
1 Dec 2024	$4.1B	$3.5B – $5.1B	$4.4B (+6%)	after a round	2,600	flat	A	0%
1 Jan 2025	$4.2B	$3.5B – $5.1B	$4.4B (+5%)	after a round	2,600	flat	A	0%
1 Feb 2025	$4.2B	$3.5B – $5.1B	$4.4B (+4%)	after a round	2,600	flat	A	0%
1 Mar 2025	$4.2B	$3.5B – $5.1B	$4.4B (+4%)	after a round	2,600	flat	A	0%
1 Apr 2025	$4.3B	$3.5B – $5.1B	$4.4B (+3%)	after a round	2,600	flat	A	0%
1 May 2025	$4.3B	$3.5B – $5.1B	$4.4B (+2%)	after a round	2,600	flat	A	0%
1 Jun 2025	$4.3B	$3.5B – $5.1B	$4.4B (+1%)	after a round	2,600	flat	A	0%
1 Jul 2025	$4.4B	$3.5B – $5.1B	$4.4B (0%)	after a round	2,600	flat	A	0%
1 Aug 2025	$4.4B	$3.4B – $5.1B	$4.4B (0%)	after a round	2,600	flat	A	0%
1 Sep 2025	$4.4B	$3.2B – $5.1B	$4.4B (0%)	after a round	2,707	flat	A	0%
1 Oct 2025	$4.4B	$3.1B – $5.1B	$4.4B (0%)	after a round	2,707	flat	A	0%
1 Nov 2025	$4.4B	$2.9B – $5.1B	$4.4B (0%)	after a round	2,730	flat	A	0%
1 Dec 2025	$4.4B	$2.8B – $5.1B	$4.4B (0%)	after a round	2,726	flat	B	0%
1 Jan 2026	$4.4B	$2.6B – $5.1B	$4.4B (0%)	after a round	2,726	flat	B	0%
1 Feb 2026	$4.4B	$2.5B – $5.1B	$4.4B (0%)	after a round	2,726	flat	B	0%
1 Mar 2026	$4.4B	$2.4B – $5.1B	$4.4B (0%)	after a round	2,726	flat	B	0%
1 Apr 2026	$4.4B	$2.3B – $5.1B	$4.4B (0%)	after a round	2,726	flat	B	0%
1 May 2026	$4.4B	$2.2B – $5.1B	$4.4B (0%)	after a round	2,726	flat	B	0%
1 Jun 2026	$4.5B	$2.1B – $5.2B	$4.5B (0%)	after a round	2,972	flat	B	0%
1 Jul 2026	$4.5B	$2.0B – $5.2B	$4.5B (0%)	after a round	2,972	flat	B	0%
1 Aug 2026	$4.5B	$1.9B – $5.2B	$4.5B (0%)	after a round	2,972	flat	B	0%
1 Sep 2026	$4.5B	$1.8B – $5.2B	$4.5B (-1%)	after a round	2,972	flat	B	0%
1 Oct 2026	$4.5B	$2.2B – $5.2B	$4.5B (-1%)	after a round	3,016	up	B	0%
24 Oct 2026	$4.6B	$2.1B – $5.3B	$4.6B (-1%)	after a round	3,016	up	B	0%

Key facts about Tekion

Founded: 2016
Headquarters: Pleasanton, United States
Employees: about 3,020 +10% in a year
Total raised: $603M
Funding rounds: 4
Last round: Growth Equity Jul 2024

Tekion was founded in 2016 by Guru Sankararaman and Jay Vijayan.

Tekion funding history

Tekion has 4 funding rounds on record, from Mar 2016 to Jul 2024, $603M in total. The latest disclosed valuation is $4.00B post-money (Growth Equity, Jul 2024).

Growth Equity 16 Jul 2024
With Dragoneer Investment Group.
Sources: tekion.com, finsmes.com, fenwick.com and 3 more
$200M
$4.00B post-money
Series D 5 Oct 2021
Led by Alkeon, Durable Capital Partners; with FM Capital, Advent International, Hyundai Motor Company, Index Ventures, Exor, Airbus Ventures, Holman Growth Ventures, Altimeter, Battery Ventures, Benchmark, Bling Capital, DVx Ventures, END Partners, FPV Ventures, Hanabi, K9 Ventures, Kickstart, Meritech Capital, Pelion Venture Partners, Peterson Ventures, Quiet Capital, SciFi VC, Sequoia Capital.
Sources: timesofindia.indiatimes.com
$250M
$3.50B post-money
Series C 21 Oct 2020
Led by Advent International; with Index Ventures, Exor, Airbus Ventures, FM Capital, GM Ventures, BMW i Ventures, Nissan-Renault-Mitsubishi Alliance Ventures.
Sources: tekion.com, thebanksreport.com, pulse2.com
$150M
$1.00B post-money
Seed 1 Mar 2016
Led by Storm Ventures; with BluePointe Ventures.
Sources: indianstartupnews.com
$3.1M

Tekion investors

31 investors have backed Tekion; Advent International, Alkeon and Durable Capital Partners and 1 more led at least one round.

Advent International lead, 2 rounds
Alkeon lead
Durable Capital Partners lead
Exor 2 rounds
Index Ventures 2 rounds
Altimeter
Battery Ventures
Benchmark
Dragoneer Investment Group
END Partners
Holman Growth Ventures
Hyundai Motor Company
Meritech Capital
Nissan-Renault-Mitsubishi Alliance Ventures
Pelion Venture Partners
Peterson Ventures
Sequoia Capital

What Tekion does

Tekion works in tech companies, with 14 recorded offerings and customers in automotive and retail.

Tekion Corp is an American software company engaged in cloud-native automotive retail solutions. The company provides a suite of products and services for dealers, retailers, manufacturers, and enterprise clients, including dealer management systems, customer relationship management, digital retail and service experiences, analytics, payment solutions, and automotive enterprise cloud platforms. Tekion also offers developer-friendly APIs and integrates with third-party services. The company is ISO certified and operates internationally, with headquarters in Pleasanton, California, and regional offices in Asia-Pacific, Europe, and North America.

Description from Veridion's company data.

Products and services

Automotive Retail Platform Development
Dealer Management System Development
Customer Relationship Management System Development
Digital Retail Platform Development
Digital Service Experience Platform Development
Automotive Analytics and Insights Solutions
AI-Powered Sales Enablement Solutions
Virtual-to-Visit Experience Platform Development
Automotive Enterprise Cloud Platform Development
Third-Party Integration Services
Personalized Selling Experience Solutions
Customer Interaction Optimization Solutions
Operational Efficiency Enhancement Solutions
Automotive Industry Ecosystem Development

Markets

Automotive
Retail

Technology

AI-Driven Machine Learning
Big Data Analytics
IoT for Operational Efficiency
Cloud-Native Architectures

Certifications

ISO 27001
ISO 27701
SOC1
SOC2 Type II

Business model

Business-to-Business
Software-as-a-Service
Enterprise

Industry codes (NAICS)

513210 Software Publishers 100% match

Questions about Tekion

What is Tekion worth?

Valuation $4.6B (range $2.1B to $5.3B), as of 24 Oct 2026. The last disclosed valuation was $4.00B (Growth Equity, Jul 2024).

Has Tekion raised money?

Tekion has 4 funding rounds on record, from Mar 2016 to Jul 2024, $603M in total. The latest disclosed valuation is $4.00B post-money (Growth Equity, Jul 2024).

Who has invested in Tekion?

Advent International, Alkeon, Durable Capital Partners, Storm Ventures, Airbus Ventures and Exor, and 25 more. Lead investors include Advent International, Alkeon, Durable Capital Partners and Storm Ventures.

How many people work at Tekion?

About 3,020, up 10% over the last year. Headcount grew from 380 in Jan 2021 to 3,016 in Sep 2026.

What does Tekion do?

Tekion works in tech companies, with 14 recorded offerings and customers in automotive and retail. Its main offerings are automotive retail platform development, dealer management system development and customer relationship management system development.

When was Tekion founded, and where is it based?

Tekion was founded in 2016 and is based in Pleasanton, United States. It has about 3,020 employees, up 10% over the last year.

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