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TEKION
Tekion
Automotive Retail Technology

Tekion Funding History: Rounds, Investors & Valuation

Private

Tekion has raised $635.1M across 5 funding rounds, plus 1 undated round. The latest round valued Tekion at $4B post-money, with Dragoneer Investment Group on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Tekion funding · at a glance
Total raised, all rounds
$635.1M
sum of disclosed sizes
Funding rounds
5
plus 1 undated round
Latest round
$4B
post-money · Jul 2024
Lead on that event
Dragoneer Investment Group
lead investor
2024
About Tekion

Tekion secured $200 million in growth equity capital in 2024, reaching a valuation of more than $4 billion. Investors include Advent International and Dragoneer Investment Group, backing continued expansion of its automotive retail platform.

Funding timeline

The Tekion funding timeline

5 funding rounds, the latest highlighted.

UNDATED
Series D

No date is disclosed for this round.

MAR 2016
Seed

A primary round — the company sells new shares to investors it selects. $3.1M raised, led by Storm Ventures.

Valuation basisAmount$3.1MPrice / shareLeadStorm Ventures
JAN 2017
Series A

A primary round — the company sells new shares to investors it selects. $10M raised, led by Index Ventures.

Valuation basisAmount$10MPrice / shareLeadIndex Ventures
JUL 2018
Series B

A primary round — the company sells new shares to investors it selects. $22M raised, led by BMW i Ventures.

Valuation basisAmount$22MPrice / shareLeadBMW i Ventures
OCT 2020
Series C

Exor, Airbus Ventures, FM Capital also participated. $150M raised, led by Advent International.

Valuation basisAmount$150MPrice / shareLeadAdvent International
JUL 2024LATEST
Growth Equity at $4B post-money

A primary round — the company sells new shares to investors it selects. $200M raised, led by Dragoneer Investment Group.

Valuation basispost-moneyAmount$200MPrice / shareLeadDragoneer Investment Group
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Tekion funding rounds in full

5 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Growth Equity LATEST
Jul 2024
$200M
$4Bpost-money
—
Dragoneer Investment Group
—
Series C
Oct 2020
$150M
—
—
Advent International
Exor, Airbus Ventures, FM Capital also participated
Series B
Jul 2018
$22M
—
—
BMW i Ventures
—
Series A
Jan 2017
$10M
—
—
Index Ventures
—
Seed
Mar 2016
$3.1M
—
—
Storm Ventures
—
Series D
—
$250M
$3.5Bpost-money
—
Alkeon Capital, Durable Capital
Hyundai Motor Company also participated
Tekion · investors

Investors

AAlkeon CapitalLEADDurable CapitalLEADDragoneer Investment GroupLEADAdvent InternationalLEADBBMW i VenturesLEADIndex VenturesLEADStorm VenturesLEADAAlkeon Capital ManagementEExor

Frequently asked questions

Who are Tekion's competitors?›

The closest automotive retail technology peers are on the competitors page.

How can I get exposure to Tekion?›

The routes section explains what is realistically available for a company at this stage.

Is Tekion publicly traded?›

No. Tekion is a private company; its shares do not trade on a public exchange.

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