Space Auto Secures Series A Funding
DALLAS, June 06, 2023 (WORLD NEWSWIRE) — Space Auto, the brand-new incorporated software and marketing option for car dealers, revealed that the business has actually protected a Series A financing round with a group of financiers that consists of Global Business Leader and Philanthropist John Paul DeJoria.
The financing is allocated particularly for building out vibrant AI automation throughout Space Auto’s website, selling, and CRM software to greatly enhance the car purchasing procedure for both customers and car dealerships.
“Welcome to the future of AI in car dealerships. Space Auto’s advanced software system not only makes life easier by unifying all of the different technologies that dealers have to use right now into one, but also saves dealers on cost, helps dealers make more money, and makes the customer service process a lot simpler than it is right now,” said DeJoria. “I think Space Auto offers incredible products, not only for dealers but also for their customers, who will greatly benefit as well. Space Auto is a must in my mind for every dealership in the country because they can only benefit from this unique software. That is why I invested in this fabulous company.”
John Paul DeJoria is co-creator of Paul Mitchell, creator of Patrón Tequila, and founder of John Paul Pet. In addition to purchasing Space Auto, he is a present unique consultant to the business.
“We are incredibly grateful to be surrounded by the wisdom and business strategy of each of our new partners, including none other than John Paul DeJoria,” said Matthew Lance, CFO of Space Auto. “His relentless pursuit of growth and building first-class, global products and brands, combined with a knack for cultivating kindness in business culture, makes him an ideal partner. Space Auto is a driving force for a new generation AI in automotive retail. This partnership will allow us to expand our offerings while staying true to our mission of reimagining the car buying experience.”
Space Auto, established by Nick Askew, is dedicated to an item roadmap that will take advantage of central information and the latest AI tech. Using exclusive software, Space Auto’s future consists of establishing items that will automate tasks, such as looking for stock or vehicle information, going shopping throughout banks for real-time loans, and accelerating consumer-dealer interactions and interactions. The objective of this AI is to supply dealerships with functional effectiveness, lower expenses, and a much better client experience.
To learn more about Space Auto and its offerings, see www.space.auto.
About Space Auto
Space Auto is on an objective to reimagine the car purchasing journey by improving automobile retail tech and raising the client experience. From initially click to close, Space Auto offers car car dealerships the tools they require to get in touch with clients, drive sales, and grow business – all in one space. The business uses Software (Website, Retailing, CRM) and Digital Marketing to both independent and OEM car dealerships, consisting of BMW, Nissan, Kia, Honda, GMC, Hyundai, and lots of others. Learn more at www.space.auto, watch an explainer video, and follow Space Auto on LinkedIn, Instagram, and Facebook.
MEDIA CONTACT:
LAZ PR
Lisa Lazarczyk
[email protected] or 617-838-7327
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