About Auto-IT
Auto-IT is a company based in Melbourne (Australia) founded in 2000 was acquired by Perseus in March 2024.. Auto-IT offers products and services including Dealer Management Software, Distributor Systems, OEM Integration Solutions, and Training and Support Services. Auto-IT operates in a competitive market with competitors including Reynolds and Reynolds, Upstart, CDK Global, Tekion and Seez, among others.
- Headquarter Melbourne, Australia
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Auto-It Australia Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Perseus
(Mar 04, 2024)
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Products & Services of Auto-IT
Auto-IT offers a comprehensive portfolio of products and services, including Dealer Management Software, Distributor Systems, OEM Integration Solutions, and Training and Support Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for managing dealership operations in automotive sectors.
Tools for distributor networks in agriculture and trucking.
Facilitates data exchange with original equipment manufacturers.
Provides education and assistance for software users.
Funding Insights of Auto-IT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Auto-IT
Auto-IT has secured backing from 1 investor. Prominent investors backing the company include Perseus Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Software businesses providing mission-critical solutions are acquired and managed globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Auto-IT
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Auto-IT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Auto-It Comparisons
Competitors of Auto-IT
Auto-IT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Reynolds and Reynolds, Upstart, CDK Global, Tekion and Seez, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Software and services for automotive dealership retailing are provided.
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| domain | founded_year | HQ Location |
Diversified loans are provided via an AI-enabled online marketplace.
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| domain | founded_year | HQ Location |
Cloud-driven management systems for auto dealerships are provided.
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| domain | founded_year | HQ Location |
AI and cloud-driven systems for auto dealership management are provided.
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| domain | founded_year | HQ Location |
Developer of an online P2P marketplace for used cars
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| domain | founded_year | HQ Location |
Vertical solutions for car owners and automotive workshops are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Auto-IT
When was Auto-IT founded?
Auto-IT was founded in 2000.
Where is Auto-IT located?
Auto-IT is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
What does Auto-IT do?
Auto-IT was founded in 2000 in Melbourne, Australia, and operates in the automotive sector. Software solutions, including UNITS and PMDS, are provided to automotive, agricultural, and truck dealers. UNITS facilitates real-time online integration across dealership departments. PMDS maintains a centralized database for vehicles, parts, customers, and suppliers, supporting sales, administration, parts, service, and marketing functions.
Who are the top competitors of Auto-IT?
Auto-IT's top competitors include Upstart, Reynolds and Reynolds and Seez.
What products or services does Auto-IT offer?
Auto-IT offers Dealer Management Software, Distributor Systems, OEM Integration Solutions, and Training and Support Services.
Who are Auto-IT's investors?
Auto-IT has 1 investor. Key investors include Perseus Group.
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