STELLA Automotive AI, a provider of automotive artificial intelligence technology, has closed an oversubscribed Series A financing round that raised $19.7 million, according to the Presidio Group, STELLA’s exclusive financial advisor for the Series A financing. STELLA said the funds, which include both newly invested capital and outstanding convertible notes that converted into this Series […] [Read More]

Repairify, a provider of remote diagnostics, calibrations, programming and automotive intelligence for the collision and mechanical repair industries, has named Ben Johnson as vice president of general automotive repair markets to lead its expansion into the mechanical market. The company said Johnson’s primary mission is leading the strategic growth and product launch and development of […] [Read More]

During last week’s Auto Intel Summit+National Remarketing Conference, PAVE chief strategy officer Jameel Ghata discussed how automated inspections help fleets list their vehicles for sale whenever they need to. Through a presentation titled, “Get Paid Faster with Automated Inspections,” Ghata discussed how automated vehicle inspections can enable wholesale disposition and guaranteed buys without the expense […] [Read More]

Predian’s artificial intelligence-driven inventory management solutions now have more information. The company announced last week the integration of wholesale and retail data into its solution, ValueVision. Now, Predian said dealers can make strategic pricing decisions and maximize their profitability “with confidence, knowing they have the most accurate and comprehensive data at their fingertips.” Predian developed […] [Read More]

Privacy4Cars continued its ongoing drive toward solving the privacy and security issues posed by vehicle data last week by announcing the U.S. Patent Office approved three new patents. The company highlighted two patents are novel areas of expansion for Privacy4Cars. The first patent titled, “Artificial Intelligence Based System and Method for Generating Dynamically Variable Multi-Dimensional […] [Read More]

For the second time this month, Orbee finalized an integration with the intention of benefiting its dealer clients. The one announced on Wednesday involved EMG, which generates streaming advertising measurements and optimization solutions for the automotive industry. The customer experience middleware provider highlighted the goal of its integration with EMG. It’s meant to make it […] [Read More]

After Tuesday, CarNow has a bit more “runway” for growth. The automotive technology platform has landed a $40 million investment from Runway Growth Capital and plans to put the funding toward continue market expansion and product development. Tim O’Toole, who is CarNow’s chief financial officer, said in a news release: “This investment from Runway Growth […] [Read More]

TotalCX, a provider of artificial intelligence-driven customer experience management solutions, has added Sandler Partners to its partnership program. Sandler Partners’ network of independent sales experts tries to help organizations manage the complexity of technology solution design and sourcing. “The Sandler Partners community is an ideal outlet for the TotalCX product suite,” TotalCX chief sales officer […] [Read More]

Artificial intelligence is rapidly transforming nearly every industry, and the automotive sales, remarketing, and transportation sector is no different. AI-powered vehicle inspections have recently emerged as a groundbreaking innovation. Vehicle inspections are crucial to determining a car’s condition and value, facilitating informed decisions for both buyers and sellers. In an industry that is increasingly buying, […] [Read More]

A car is transportation, first and foremost. But as in-vehicle entertainment systems have become more prevalent, they also have become an essential part of the driving experience. That is evidenced by a recent survey of 1,015 vehicle owners conducted by Censuswide and commissioned by DTS, a wholly-owned subsidiary of entertainment technology company Xperi Inc., which […] [Read More]