What is DealerOn?
DealerOn is a prominent player in the automotive industry, providing digital solutions for dealerships. The company's offerings are designed to enhance the online presence and operational efficiency of automotive retailers. Specifically, James Hodge Auto Group, a multi-dealership operator in Oklahoma, utilizes DealerOn's services to manage its extensive inventory of Ford, Toyota, Hyundai, Chevrolet, and Lincoln vehicles. Their client base includes individuals and families seeking reliable transportation and automotive services, with a focus on quality and comprehensive vehicle selection across their Muskogee and Idabel locations.
How much funding has DealerOn raised?
DealerOn has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in DealerOn
PPP
Public-Private Partnership
What's next for DealerOn?
With the recent strategic investment, DealerOn is well-positioned to further innovate and expand its service offerings. The company is likely to focus on enhancing its digital platforms, potentially integrating more advanced customer relationship management (CRM) tools and data analytics capabilities. This capital infusion will enable DealerOn to strengthen its competitive advantage, explore new market segments, and solidify its role as a key technology partner for automotive dealerships aiming to thrive in an increasingly digital landscape. Future developments may include strategic partnerships and acquisitions to accelerate growth.
See full DealerOn company page
