Home » Tekmetric Broadcasts Progress Funding to Additional Disrupt the Auto Restore Business | Enterprise

Tekmetric Broadcasts Progress Funding to Additional Disrupt the Auto Restore Business | Enterprise

HOUSTON–(BUSINESS WIRE)–Mar 16, 2022–

Tekmetric, the main cloud-based store administration system for automotive restore outlets, right now introduced the shut of a development funding from Susquehanna Progress Fairness (SGE), an entrepreneur-centric development fairness agency solely centered on software program and data providers.

This press launch options multimedia. View the total launch right here: https://www.businesswire.com/information/house/20220316005244/en/

The partnership permits founder-led Tekmetric to proceed scaling its enterprise because the highest-rated store administration platform in each current and new markets. The funding will permit Tekmetric to considerably develop engineering and technical groups, in addition to execute on its daring product roadmap to raised help the hundreds of automotive restore outlets utilizing Tekmetric throughout North America.

“Since our launch in 2016, Tekmetric has at all times aspired to ship the best doable worth to auto restore store house owners who companion with us to run their enterprise,” added Prasanth Chilukuri, Co-Founder and Co-CEO of Tekmetric. “Susquehanna’s deep business experience and help of product-led development makes the corporate a perfect companion as we scale our enterprise, boosting our platform’s superior merchandise and offering the best caliber of service for our prospects.”

Tekmetric has quickly disrupted the automotive restore sector, rapidly changing into an business chief within the three years since product launch. It provides a complete SaaS store administration system, constructed below the route of Co-Founder and Co-CEO, Sunil Patel, based mostly on his expertise as a former auto restore store proprietor.

Store house owners use Tekmetric’s intuitive platform for all their enterprise wants, from digital inspections and built-in funds to direct buyer communication throughout the system – an business first. Tekmetric’s ongoing upgrades and new options assist hundreds of outlets throughout the nation streamline processes, maintain store information safe and improve transparency and visibility amongst prospects.

“As a former store proprietor myself, I understand how troublesome it may be to discover a system like Tekmetric that store house owners can belief with their enterprise,” stated Patel. “At Tekmetric, we attempt to construct robust relationships with our customers to help their enterprise development. The SGE staff has the identical mindset, which makes them a perfect companion as Tekmetric continues to develop within the business.”

“We’re excited to companion with Tekmetric on its journey to revolutionize the automotive restore business,” stated Aaron Flack at SGE, who will be a part of the corporate’s board. “We’re extraordinarily impressed with what Tekmetric has achieved in just some years. The corporate’s understanding of the automotive restore course of and popularity amongst restore store house owners are exceptionally robust. We stay up for supporting Sunil and Prasanth, and their gifted staff via Tekmetric’s subsequent stage of development.”

About Tekmetric

Tekmetric, a Houston-based auto restore know-how firm, provides a cloud-based platform that permits auto restore store house owners to reinforce productiveness and improve profitability via its streamlined workflow administration processes. Designed by a former store proprietor, Tekmetric’s platform drives store effectivity via real-time information, a customizable consumer interface and customer-centric communication instruments. Since its launch in 2016, Tekmetric has disrupted the business with its strong fully-integrated system, developed with an emphasis on buyer transparency and consumer collaboration. For extra data, go to www.tekmetric.com.

About Susquehanna Progress Fairness

Susquehanna Progress Fairness (SGE) invests in development stage corporations within the software program, data providers, web and monetary know-how sectors. SGE is backed by a singular and affected person supply of capital which permits the agency to offer administration groups and entrepreneurs freedom and suppleness to maximise development. The agency has invested over $2.5 billion {dollars} in over 75 corporations throughout the previous 15 years, and has portfolio corporations throughout the US, Canada, Europe, and Israel.

To be taught extra, please go to www.sgep.com.

View supply model on businesswire.com:https://www.businesswire.com/information/house/20220316005244/en/

CONTACT: Tekmetric

Sara Jendrusch-Wong

[email protected]

(469) 547-0255Susquehanna Progress Fairness

Gasthalter & Co.

[email protected]

(212) 257-4170

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: SOFTWARE FINANCE AUTOMOTIVE DATA MANAGEMENT OTHER AUTOMOTIVE PROFESSIONAL SERVICES TECHNOLOGY GENERAL AUTOMOTIVE

SOURCE: Susquehanna Progress Fairness

Copyright Enterprise Wire 2022.

PUB: 03/16/2022 09:30 AM/DISC: 03/16/2022 09:32 AM

http://www.businesswire.com/information/house/20220316005244/en

Copyright Enterprise Wire 2022.