STELLA Automotive AI
Convertible Note in 2024
Stella Automotive AI specializes in artificial intelligence technology tailored for the automotive industry, focusing on enhancing customer interaction. The company develops voice and chatbot solutions that facilitate human-computer understanding, allowing businesses to communicate effectively with their customers. By leveraging cognitive conversational AI, Stella Automotive AI enables automotive enterprises to improve their core business development center functions, such as appointment setting and customer inquiries. Its proactive, omnichannel intelligent agents gather relevant data from various sources, helping large organizations optimize their operations and enhance overall customer experience.
TSD Rental
Acquisition in 2024
TSD Rental specializes in providing advanced rental and loaner fleet management solutions for a diverse clientele that includes independent and franchise rental companies, dealerships, auto manufacturers, and public automotive groups across the globe. Recognized as a leader in the software-as-a-service (SaaS) sector, TSD offers a comprehensive suite of fleet management software designed to streamline operations. Their offerings include features such as driver's license scanning, credit card processing, insurance card capture, and damage inspections, allowing clients to automate accounting processes and enhance operational efficiency. By delivering innovative tools and services, TSD Rental empowers its customers to effectively manage their fleets and improve overall performance.
STELLA Automotive AI
Series A in 2024
Stella Automotive AI specializes in artificial intelligence technology tailored for the automotive industry, focusing on enhancing customer interaction. The company develops voice and chatbot solutions that facilitate human-computer understanding, allowing businesses to communicate effectively with their customers. By leveraging cognitive conversational AI, Stella Automotive AI enables automotive enterprises to improve their core business development center functions, such as appointment setting and customer inquiries. Its proactive, omnichannel intelligent agents gather relevant data from various sources, helping large organizations optimize their operations and enhance overall customer experience.
Xzilon
Acquisition in 2023
Xzilon, Inc. is a manufacturer and supplier of appearance protection products tailored for the automotive market. The company provides a comprehensive range of solutions designed to safeguard both the interiors and exteriors of vehicles. Its offerings include a permanent carbon polymeric coating for exterior paint protection, various dent and interior protection products, windshield and glass modifiers, exterior alloy wheel protection, and antimicrobial treatments applicable to automobiles, mass transit, marine, and aviation sectors. These products are formulated to protect paint, repel dirt, resist stains, prevent odors, and inhibit the growth of harmful microbes. Xzilon's products are distributed through automotive dealerships across the United States and internationally, including regions such as Puerto Rico, the Virgin Islands, Canada, Mexico, Chile, and Saudi Arabia. Established in 2004, the company is headquartered in Brea, California, with additional locations in Bend, Oregon, and Blaine, Minnesota. Xzilon operates as a subsidiary of Caring Brands International Inc.
DealerCorp Solutions
Acquisition in 2023
DealerCorp Solutions is a software company that specializes in creating high-quality cloud applications tailored for the automotive industry. The company focuses on developing retail applications that are compatible across various devices, enhancing the operational efficiency of automotive dealerships. By providing cloud-based solutions and retail sales software, DealerCorp Solutions aims to streamline dealership processes, ultimately improving customer engagement and sales performance.
American Guardian Warranty Services
Acquisition in 2023
American Guardian Warranty Services specializes in providing vehicle protection and warranty solutions across various markets, including automotive, powersports, marine, and commercial trucking. The company offers a range of products, including vehicle protection plans for new, used, and certified pre-owned vehicles, as well as limited warranties and a selection of environmental and aftermarket products. By focusing on these diverse sectors, American Guardian Warranty Services aims to deliver comprehensive coverage and peace of mind to consumers and businesses alike.
Sheeva.AI
Series A in 2023
Sheeva.AI is a technology company that specializes in in-car payments and commerce solutions, enhancing the driver experience through vehicle location-based services. Its patented geolocation technology enables drivers to effortlessly pay for various services, including fueling, electric vehicle charging, parking, and curbside pickup, all without leaving their vehicles. The system automatically detects the vehicle's location at specific service points, allowing payments to be processed directly through the in-vehicle infotainment screen or an OEM mobile app. Additionally, Sheeva.AI offers an Open API that allows original equipment manufacturers and service providers to integrate payment functionalities via the cloud, using a secure digital wallet and requiring no additional hardware or new applications. This innovation streamlines driving-related tasks and automates payments for a more convenient customer experience in connected vehicles.
ZEVX
Convertible Note in 2022
ZEVX is an Arizona-based company focused on the electrification of light and medium-duty fleet vehicles. The company specializes in developing proprietary powertrain configurations, including batteries and drive motors, to facilitate rapid conversion of existing fleet vehicles to electric vehicles. ZEVX aims to accelerate global EV adoption by providing essential support infrastructure, fleet services, and expertise to customers, enabling them to meet their sustainability goals. Additionally, the company offers battery packs, thermal management systems, and electronic vehicle charging solutions to assist clients in transitioning their commercial fleet assets to zero-carbon alternatives. ZEVX's mission is to promote electric vehicle participation across the automotive and mobility ecosystem, making EV technology accessible and supporting fleets throughout their electrification journey.
Proton Dealership IT
Acquisition in 2022
Proton Dealership IT specializes in delivering comprehensive IT solutions tailored for the automotive dealership industry. Their primary focus is on enhancing cybersecurity through services such as incident response, employee training, vulnerability assessments, and continuous security monitoring. Additionally, they offer VoIP services, vendor management, phone systems, network administration, and remote assistance to ensure seamless operations and robust IT infrastructure for their clients.
Motility Software Solutions
Acquisition in 2022
Motility Software Solutions, LLC is a developer of dealer management software tailored for the specialty vehicle industry, including sectors such as recreation vehicles, buses, heavy-duty trucks, marine, and power sports. Founded in 1984 and based in Altamonte Springs, Florida, the company offers a comprehensive suite of solutions that includes customer relationship management, finance and insurance, parts management, service scheduling, unit inventory, rentals, accounting, and advanced reporting. Motility's software features a fully integrated document management system with cloud hosting and a user-friendly web interface, enabling dealerships to enhance operational efficiency and effectively manage critical functions. The company, formerly known as Systems 2000, rebranded to Motility Software Solutions in January 2019 and continues to support industry advancement through partnerships and educational seminars.
Gubagoo
Acquisition in 2021
Gubagoo is a provider of an advanced omni-channel communication solution tailored for automotive dealerships. The company offers a conversational commerce platform that enhances customer experience and boosts online lead conversion. By integrating live chat, text, video, and messaging, Gubagoo connects consumers with dealers, facilitating more convenient and effective interactions. This innovative digital retailing solution aims to streamline communication between automotive customers and dealerships, ultimately improving the overall purchasing process.
ReconTRAC
Acquisition in 2020
ReconTRAC is a web-based software application designed to streamline the vehicle reconditioning process. It centralizes tracking and reporting, allowing users to manage the reconditioning workflow more efficiently. The software features robust reporting capabilities, customizable workflows, and multi-point inspection forms tailored to specific needs. Additionally, it offers vendor payable management and historical trend reports, which contribute to improved operational efficiency and enhanced performance within reconditioning departments. Through its comprehensive tools, ReconTRAC aims to optimize the vehicle reconditioning process for automotive businesses.
GoMoto
Acquisition in 2020
GoMoto, Inc. is a technology provider focused on enhancing the automotive dealership experience through innovative solutions for service lanes and showrooms. Founded in 2013 and headquartered in Philadelphia, Pennsylvania, the company develops both hardware and software technologies that support customer engagement and streamline the buying process. GoMoto's offerings include the Virtual Service Advisor, which facilitates customer check-in, payment processing, digital documentation, and personalized service recommendations, as well as the Smart Service Kiosk, which automates various aspects of vehicle service, including key drop-off and return. By integrating these solutions, GoMoto empowers customers to take control of their automotive transactions and modernizes the overall dealership experience.
TradeMotion
Acquisition in 2017
TradeMotion, LLC is a provider of online automotive parts catalog software and eCommerce solutions tailored for the automotive industry. Established in 1998 and headquartered in Del Mar, California, the company specializes in facilitating the sale of automotive parts and accessories through its technology platform. Key offerings include eStore, which enables efficient order fulfillment and electronic returns; eCatalog, providing users access to extensive parts information; and eOffice, a management portal for manufacturers and dealers. Additionally, TradeMotion operates Parts.com, the largest online marketplace for original equipment manufacturer parts, featuring over 20 million unique items. The company also supports collision repairers and their suppliers with solutions that enhance the auto physical damage claims process, alongside a range of services including marketing, SEO, data aggregation, and technical support. By connecting dealers and manufacturers with consumers, TradeMotion aims to streamline the purchasing process and improve profitability in the automotive parts market.
Wolters Kluwer
Acquisition in 2016
Wolters Kluwer is a global provider of information services and software solutions, catering to various sectors including health, tax and accounting, risk and compliance, finance, and legal. The company offers trusted clinical technology and evidence-based solutions that support clinicians, patients, researchers, and students, focusing on advanced clinical decision support and clinical intelligence. Established in 1836 and headquartered in Alphen Aan Den Rijn, Zuid-Holland, Wolters Kluwer combines domain knowledge with innovative technology to enhance productivity and deliver impactful outcomes for its customers.
AddOnAuto
Acquisition in 2014
AddOnAuto is a company focused on enhancing dealership revenue through its innovative technology that simplifies the sales of vehicle accessories. Since its inception in 2008, AddOnAuto has transformed a traditionally challenging and unprofitable process for dealerships into a streamlined operation, yielding significant financial benefits. Dealers utilizing AddOnAuto's platform have reported annual accessories sales exceeding $100,000 and an average of $475 in accessory sales for each new vehicle sold. The company boasts a closing rate of over 50% for accessory presentations, generating an impressive average gross profit of 53.5%. To further support dealerships in optimizing their accessory sales, AddOnAuto publishes annual and biannual trend reports that provide valuable insights into the accessories market.
IMN is a Software as a Service (SaaS) company based in Waltham, Massachusetts, founded in 1999. It specializes in content-driven e-communications, offering services that help businesses communicate effectively with their customers through multimedia email and e-newsletters. These services are designed to enhance brand visibility, generate leads, and drive sales across various industries. IMN serves over 3,000 clients globally, including sectors such as automotive, direct selling, technology, financial services, life sciences, and non-profit organizations. The company's innovative approach to e-communications has attracted notable clients, underscoring its reputation in the industry.
DiversiForm
Acquisition in 2008
DiversiForm specializes in customer retention products and services tailored for the automotive industry. The company provides a range of offerings, including service reminder letters and postcards, email marketing solutions, survey reply cards, and both live and automated customer phone calls. Additionally, DiversiForm produces service dispatch tags that feature advertisements, among other related products and software designed to enhance customer engagement and retention.
Third Coast Media
Acquisition in 2003
Third Coast Media, based in Richardson, Texas, is a privately-owned software company specializing in the development of thin-client web-based customer relationship management (CRM) applications and dynamic data-driven websites tailored for the automotive industry. The company's flagship products, WebMakerX and CarClient, serve nearly 1,000 automotive clients across North America, including prominent names such as AutoNation, Gulf States Toyota, Southeast Toyota, and the Van Tuyl Auto Group, along with endorsements from several original equipment manufacturers (OEMs). Through its innovative software solutions, Third Coast Media aims to enhance the retailing capabilities of automotive businesses by providing effective web and CRM tools.