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Lacour Group acquires Dragon2000
- Lacour Group, the French software firm, has acquired Dragon2000, a producer of dealer management software
- Dragon2000’s integration into Lacour will enable Lacour to strengthen its leadership in the European dealer management software after-sales market, where growth opportunities emerge across car workshops, garages and dealerships?
- Mark Cooper, CEO and Founder of Dragon2000, said “Our shared vision of providing leading after-sales software solutions to the automotive sector makes this partnership a natural fit. The scale of the combined business offers a range of opportunities in terms of both the suite of products available to our customers and the service we are able to provide them. We look forward to leveraging Lacour’s expertise to accelerate our innovation and growth and to working with Angelo and the Lacour team”
Tekmetric and Shopgenie join forces to revolutionize auto repair shop management
- Tekmetric, the leading cloud-based shop management system for automotive repair shops, is joining forces with Shopgenie, the leading auto repair shop CRM
- This combination will provide a comprehensive all-in-one solution that optimizes operations and drives growth for auto repair shops by offering shop owners smarter tools, seamless integrations, and enhanced features all from a single, unified platform
- “This combination sets a new standard for efficiency and customer experience in the industry. At Tekmetric, we are committed to providing shop owners with best-in-class tools to manage and grow their businesses. Similarly, Shopgenie’s ability to solve real-world challenges with intuitive technology has earned it the trust of shop owners nationwide,” said Sunil Patel, Founder and CEO of Tekmetric. “Together, we are building an all-in-one platform that empowers shop owners to attract, retain and serve customers more effectively, driving long-term growth”
Kempower partners with KON?AR to supercharge EV infrastructure across Central and South Eastern Europe
- Kempower, a Finnish DC fast-charging solutions provider, has partnered with Croatia’s leading power engineering, rail solutions and digital platforms?specialist, KON?AR, to accelerate the rollout of EV charging across Central and South Eastern Europe
- The two companies have signed a sales and service partnership agreement which will see KON?AR procuring, distributing and installing Kempower’s DC charging equipment for customers, including charge point operators, public transport operators, port authorities and municipalities
- Igor Ban, Kempower’s Head of Business Development for Central & South Eastern Europe, said “By joining forces with KON?AR, we expect to make a meaningful and lasting contribution to charging infrastructure across the region. KON?AR is renowned for its excellent standards, expertise and wide international reach, so it’s fantastic to work alongside the team to enable the EV transition. As the region looks to establish its EV charging offering, we’re proud to be deploying our Finnish expertise and experience to help to unlock initial growth”
EVgo and Delta Electronics sign MOU to co-develop next-generation charging architecture
- EVgo, one of the nation's largest public fast-charging networks for electric vehicles, has entered into a new memorandum of understanding with longtime technology partner Delta Electronics, a global leader in power management and a provider of IoT-based smart green solutions, to jointly develop next-generation EV charging architecture
- This co-development will improve customer experience, enhance charger reliability, and drive cost efficiencies with advanced firmware and hardware design
- Austin Tseng, President of Delta Electronics, said “Delta looks forward to collaborating further with EVgo as we pioneer the future of EV charging infrastructure by redefining the customer experience, enhancing charger reliability, and advancing energy conservation. Delta’s core competencies in high-efficiency power electronics and system integration will be key to this endeavor”
Impel integrates with Cox Automotive to deliver an end-to-end conversational AI scheduling solution
- Impel, the global leader in AI-powered customer lifecycle management for the automotive industry, announced an integration with Cox Automotive's Xtime, the leading provider of fixed operations software
- This new integration will provide benefits for mutual dealer customers of both Impel and Xtime. This strategic integration enables dynamic appointment scheduling within Generative AI conversations
- Devin Daly, CEO and Co-Founder of Impel, said "By integrating Impel's enterprise-grade Automotive AI with Xtime's industry-leading scheduling platform, dealers can finally deliver the personalized, seamless experience customers expect – all without the need for human intervention. We're thrilled to be partnering with Xtime to help dealers manage their service drive more effectively and efficiently. It's a game-changing combination for OEMs, dealers, and consumers alike, and we couldn't be more excited to continue leading the AI revolution in automotive retailing"
Auto SaaS Alliance launched to transform automotive leasing and e-commerce
- The Auto SaaS Alliance is a partnership between technology companies BetterBe (a Netherlands-based SaaS platform offering real-time search, configuration, and lease calculation solutions for automotive leasing), Drivvn (a provider of e-commerce solutions through its SaaS platform) and IMAGIN.studio (an AI-powered platform that generates customizable car images)
- The Alliance leverages technology providers' expertise to deliver scalable, flexible cloud SaaS platforms that integrate across technologies and channels, empowering international automotive leasing companies and OEMs to adapt to evolving business needs quickly
- Peter Brown, Co-Founder of the Auto SaaS Alliance, said “All founding companies are at the forefront of automotive e-commerce, with proven success in enhancing user experience, vehicle configuration, real-time pricing, and image solutions. By pooling our expertise, we are enabling a new digital operating model that will transform how OEMs and leasing companies operate, reducing time to market and driving increased value”
Sector news
Numa secures $32MM Series B to power the AI-Native auto dealership
- Numa, the AI platform transforming auto dealerships, completed a $32MM Series B funding round, led by Touring Capital and Mitsui
- This Series B round also involved participation from existing investors including Costanoa Ventures, Threshold, Google's AI-focused venture fund, and Gradient Ventures
- The company will use the new funding to expand its AI engineering team, accelerate product development, and continue its mission to power the AI-native dealership and revolutionize the retail dealership experience
- "We are building the AI-native dealership—re-architecting how dealerships run at their core," said Tasso Roumeliotis, CEO and Co-Founder at Numa. "Our AI agents not only handle repetitive tasks like booking appointments and giving status updates, but also more complex ones like rescuing dissatisfied customers and unlocking trade-ins. Numa activates a total transformation for every dealership, making their operations and communications smarter, faster, and more customer-centric"
WarrCloud raises $20MM in Series B funding
- WarrCloud, the automotive industry’s leading automated warranty processing platform, has raised $20MM in Series B funds, led by Centana Growth Partners
- The Series B round also includes participation from returning investors Argentum and Automotive Ventures
- The company will use the funds to accelerate investments in AI technology that further enhances warranty claims automation and strengthens customer success capabilities
- “We’ve generated significant interest from automotive dealers and dealer groups since creating our category and introducing the ability to automate the warranty claims process,” said Jim Roche, Founder and CEO, WarrCloud. “Our ability to deliver on such a unique value proposition has translated to significant support from the investment community, most notably closing this current up round in a down market. With the support of all our investors, we will maintain our growth trajectory and continue to invest in our hyper-growth”
BizzyCar closes on $15MM in growth funding
- BizzyCar, a platform designed to increase service revenue by automating recalls, has closed on a $15MM funding round, led by Dealer Tire with participation from existing investors Avenue Growth Partners and Cequel III
- This investment will be used to accelerate growth and scale its artificial intelligence-driven platform to meet increasing demand from dealerships in the U.S. and Canada
- “This latest funding round is a critical step in our growth journey,” CEO Ryan Maher said. “This capital will enable us to accelerate our efforts in building the next generation of automated service platforms, reaching more dealers and driving innovation across the auto industry”
Gubagoo launches AI enhancement to its ChatSmart tool
- Gubagoo, a provider of digital retailing and conversational commerce for auto dealerships, has launched Guba IQ, the latest enhancement of its ChatSmart tool
- The AI-powered Guba IQ was built in-house using OpenAI tools and is fully trained based on the automotive data from Gubagoo and its parent company, Reynolds and Reynolds. Guba IQ is designed to answer car feature and comparison questions, using machine learning to help keep customers engaged in dealer chats and create a showroom-like sales experience
- “Guba IQ provides more accurate and informative responses to detailed customer questions than ever before,” Gubagoo President Brad Title said in a news release. “This human-like interaction asks better questions and gets better answers, leading to higher customer retention, by delivering seamless and personalized interactions that drive deals forward and elevate the customer experience”
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