About Autovance
Autovance is a company based in Lethbridge (Canada) founded in 2010 was acquired by Quorum Information Technologies in August 2017.. The company has 3 employees as of December 31, 2024. Autovance offers products and services including Digital Retailing, Desking, and F&I Menu. Autovance operates in a competitive market with competitors including Dealer.com, MotorK, Rollick, Affinitiv and Trader Interactive, among others.
- Headquarter Lethbridge, Canada
- Employees 3 as on 31 Dec, 2024
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Sectors
Transportation, 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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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
3
as on Dec 31, 2024
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Acquired by
Quorum Information Technologies
(Aug 22, 2017)
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Products & Services of Autovance
Autovance offers a comprehensive portfolio of products and services, including Digital Retailing, Desking, and F&I Menu. 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.
Enables online vehicle sales and seamless transactions for dealerships
Facilitates fast deal building and customization in automotive sales
Manages finance and insurance options for customer presentations
Funding Insights of Autovance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Autovance
Autovance has secured backing from 1 investor. Prominent investors backing the company include Quorum Information Technologies. 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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Dealer management software solutions are provided for automotive dealerships.
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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 Autovance
| 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 - Autovance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Autovance Comparisons
Competitors of Autovance
Autovance 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 Dealer.com, MotorK, Rollick, Affinitiv and Trader Interactive, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital marketing solutions for automotive dealerships are delivered.
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| domain | founded_year | HQ Location |
Cloud-based digital marketing solutions are delivered for the automotive sector.
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| domain | founded_year | HQ Location |
Omnichannel marketing automation is provided to automotive OEMs and dealers.
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| domain | founded_year | HQ Location |
Cloud-based marketing automation is offered for the automobile industry.
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| domain | founded_year | HQ Location |
Provider of web development, digital marketing, and lead generation solutions
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| domain | founded_year | HQ Location |
Predictive analytics and marketing automation are delivered for automotive dealerships.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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 Autovance
When was Autovance founded?
Autovance was founded in 2010.
Where is Autovance located?
Autovance is headquartered in Lethbridge, Canada. It is registered at Lethbridge, Alberta, Canada.
How many employees does Autovance have?
As of Dec 31, 2024, the latest employee count at Autovance is 3.
What does Autovance do?
Autovance was founded in 2010 and is headquartered in Lethbridge, Canada. Web-based desking software is developed by the company for the automotive dealership sector. Tools are offered to support deal structuring and sales processes in auto retail operations. The platform is accessed online, enabling dealerships to manage transactions efficiently across various locations. Focus is placed on software solutions tailored to the needs of vehicle sales environments.
Who are the top competitors of Autovance?
What products or services does Autovance offer?
Autovance offers Digital Retailing, Desking, and F&I Menu.
Who are Autovance's investors?
Autovance has 1 investor. Key investors include Quorum Information Technologies.