What is Frazer Computing?
Frazer DMS is a specialized dealer management system provider, catering to independent used car dealerships across the United States. Since its inception in 1985, the company has built a reputation for delivering a high-quality, user-friendly software solution that streamlines retail transactions. Key features include robust inventory management, comprehensive accounting tools, and seamless integrations with over 200 marketing and finance partners. Frazer's commitment to excellence and reliable support has garnered the trust of more than 19,000 dealers. The availability of a cloud-based option and an electronic payments solution further enhances its value proposition in the competitive automotive retail technology market.
How much funding has Frazer Computing raised?
Frazer Computing has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
What's next for Frazer Computing?
The recent major strategic investment signifies a pivotal moment for Frazer Computing, likely enabling accelerated expansion of its software capabilities and market reach. This capital infusion is expected to fuel further development of its dealer management system, potentially including enhanced analytics, AI-driven insights, and expanded integration partnerships. The company's established user base and long operational history provide a strong foundation for leveraging this new financing to solidify its leadership position and explore new avenues for growth within the independent used car dealership ecosystem.
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