Airbus Ventures participated in a series C round that boosted the car dealership software provider's total funding to $215m in four years.
Tekion, a US-based provider of sales software for car dealerships, secured $150m yesterday in a series C round featuring Airbus Ventures, the investment arm of aerospace manufacturer Airbus.
Private equity firm Advent International led the round, which included Exor, the holding company that owns carmakers Fiat Chrysler and Ferrari, as well as FM Capital, which numbers several car dealers among its limited partners, Index Ventures and private investor Joe Serra.
Founded in 2016, Tekion produces cloud software that digitises the…
