How Much Did Customer Management Systems Raise?
Funding & Key Investors

Customer Management Systems, a provider of automotive dealership customer follow-up solutions, has secured $349K in total financing, with its most recent capital infusion amounting to $199K from a major strategic investment on January 22, 2021. This significant backing underscores the company's established presence and ongoing growth within the automotive customer relationship management sector.

What is Customer Management Systems?

Customer Management Systems
Business ServicesAdvertising NetworksCall Centers & Business Centers

Customer Management Systems (CMS), founded in 2003, specializes in optimizing post-sale and service interactions for automotive dealerships across the United States. The company's core offering involves systematic outreach to various customer segments—including unsold, internet, phone-up, sold, service, and recall customers—to capture feedback, identify service issues, and enhance overall customer satisfaction. CMS provides flexible and cost-effective solutions, delivering detailed reports that enable dealerships to effectively prioritize and address customer concerns, thereby strengthening loyalty and repeat business.

How much funding has Customer Management Systems raised?

Customer Management Systems has raised a total of $349K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$199K

Debt (2020): $150K with participation from PPP

Debt (2021): $199K led by PPP

Key Investors in Customer Management Systems

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Customer Management Systems?

With a history of substantial debt financing, including two significant debt rounds totaling $349M, Customer Management Systems is positioned for continued operational scaling and service expansion. The recent strategic investment signals confidence in CMS's business model and its capacity to further penetrate the automotive CRM market. Future developments are likely to focus on enhancing their feedback collection mechanisms, refining reporting analytics, and potentially expanding their service offerings to address evolving dealership needs in lead conversion and customer retention.

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Frequently Asked Questions Regarding Customer Management Systems Financial Insights

What are the most recent funding rounds that Customer Management Systems has completed, and what were the funding rounds?
Customer Management Systems has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Customer Management Systems has raised to date?
Customer Management Systems has raised a total of $349K in funding to date.
How many funding rounds has Customer Management Systems completed?
Customer Management Systems has completed 2 funding rounds.
How much funding did Customer Management Systems raise in its most recent funding round?
Customer Management Systems raised $199K in its most recent funding round.
Who are the lead investors in Customer Management Systems's latest funding round?
The lead investor in Customer Management Systems's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Customer Management Systems's history?
The largest funding round in Customer Management Systems's history was $199K.
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