A Florida-based startup that’s “set to disrupt the vehicle acquisition software business and the traditional used-car inventory supply chain standards,” gained another $4 million in funding last week. Founded by Anthony Monteiro, a group of automotive industry legends and technology professionals, AutoAcquireAI has successfully raised $5 million in total seed funding, all from angel investors. […] [Read More]

Dealership sales and service enablement software platform TradePending announced a strategic partnership with automotive data management platform Authenticom to integrate Authenticom’s data syndication with TradePending’s Value Watch product. The collaboration is designed to automate the enrollment of sold and serviced vehicle customer data into Value Watch to set up consistent communication with customers throughout the […] [Read More]

TSD Mobility Solutions has teamed with insurance verification technology provider Canopy Connect in a partnership designed to create an efficient and reliable way to verify renters’ provided car insurance information. TSD Mobility, a provider of fleet management software for rental car companies and dealerships, was acquired by Reynolds and Reynolds last summer. Canopy Connect founder […] [Read More]

It’s patently obvious Privacy4Cars has reached a milestone. The privacy-tech company was awarded its 10th patent by the U.S. Patent Office, this one for a system and method of generating dynamically variable multi-dimensional privacy ratings for vehicles. The method will be featured in future expansions of Privacy4Cars’ Vehicle Privacy Report tool to enhance disclosures that […] [Read More]

Dealerlogix, an all-in-one fixed operations software suite for dealership service departments, has been approved as a certified provider in Volkswagen’s eConnect program. Dealerlogix provides retention text communications through its Text2Drive product, providing online service scheduling, service valet, service lane check-in, electronic multipoint inspections with video and pictures, mobile payments with fraud protection, bilateral DMS communications […] [Read More]

CarGurus is upping its AI game. The digital car-shopping platform has released its artificial intelligence-powered search, designed to deliver “a more personalized and intuitive car-shopping experience” embedded directly into the CarGurus website. In a news release, the company said car buyers can now use conversational search paired with auto intelligence and real-time vehicle data to […] [Read More]

Toma, a provider of AI agents for auto dealerships, announced a $17 million investment from a group that includes Holman Automotive Group and Car Dealership Guy founder Yossi Levi. The investors are led by Andreessen Horowitz, and other participants include Y Combinator, Flex Capital, Scale Angels, and Turing.com founders Jonathan Siddharth and Vijay Krishnan. Toma’s […] [Read More]

QoreAI CEO Todd Smith interacts with dealerships regularly that either scoff at artificial intelligence or fear it more than a potential buyer walking away from accepting the car deal and delivery at the closing stage. To help dealerships that fall into both of those categories, Smith recently released The Dealership AI Security Guidebook. He highlighted […] [Read More]

Standards for Technology in Automotive Retail has published its first sales lead application programming interface standard for the automotive industry. The IT standards organization said the sales lead API was built to standardize sales lead data within auto retail, facilitating seamless communication between manufacturers, dealers and related service providers. The sales lead API is a […] [Read More]

Marchex, a provider of artificial intelligence and conversational intelligence software, has expanded its partnership with FordDirect. The joint venture between Ford Motor Company and its franchise dealers has added Marchex Engage for Sales and Service to its offerings for nearly 3,000 Ford and Lincoln dealers nationwide, joining Marchex Spotlight among the available products and services. […] [Read More]