About CVR
CVR is a company based in Orange (United States) founded in 1992 was acquired by CDK Global in June 2023. It operates as a SaaS (Software-as-a-Service), and Managed Services. CVR offers products and services including Electronic Titling and Registration, Fleet Registration Solutions, and Powersports Registration Solutions. CVR operates in a competitive market with competitors including RouteOne, Dealer Services Network, Rapid Recon, CallRevu and F&I Express, among others.
- Headquarter Orange, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Computerized Vehicle Registration
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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
CDK Global
(Jun 30, 2023)
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Products & Services of CVR
CVR offers a comprehensive portfolio of products and services, including Electronic Titling and Registration, Fleet Registration Solutions, and Powersports Registration Solutions. 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.
Digital solutions for vehicle titling and registration provided.
Streamlined registration services for fleet vehicles are offered.
Registration services for powersports vehicles are efficiently managed.
Funding Insights of CVR
| 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 CVR
CVR has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CDK Global. 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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Cloud-driven management systems for auto dealerships are provided.
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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 CVR
| 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 - CVR
| 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 |
Cvr Comparisons
Competitors of CVR
CVR 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 RouteOne, Dealer Services Network, Rapid Recon, CallRevu and F&I Express, 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 |
Web-based credit applications are managed for automotive dealerships.
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| domain | founded_year | HQ Location |
Document management services are provided to various sectors.
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| domain | founded_year | HQ Location |
Cloud-driven reconditioning software is supplied to auto dealerships for reporting.
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| domain | founded_year | HQ Location |
SaaS solutions for automotive dealership operations management are delivered.
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| domain | founded_year | HQ Location |
F&I solutions for automotive dealerships
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| domain | founded_year | HQ Location |
Automated solutions are delivered to automobile dealerships for productivity enhancement.
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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 CVR
When was CVR founded?
CVR was founded in 1992.
Where is CVR located?
CVR is headquartered in Orange, United States. It is registered at Orange, California, United States.
What does CVR do?
CVR, a CDK Global business, is focused on delivering fast, secure electronic titling and registration solutions for dealerships, insurance companies, and other stakeholders in the vehicle lifecycle. Services are integrated with leading Dealer Management System (DMS) providers to enhance customer vehicle purchasing experiences. Operating across 16 states in the USA, CVR processes over 15 million transactions annually, supporting sectors like automotive, fleet, powersports, and salvage. Strong relationships with state DMVs and dealer associations are maintained to ensure seamless operations and future-ready technology solutions for dealership efficiency.
Who are the top competitors of CVR?
CVR's top competitors include RouteOne, Rapid Recon and Jigcar.
What products or services does CVR offer?
CVR offers Electronic Titling and Registration, Fleet Registration Solutions, and Powersports Registration Solutions.
Who are CVR's investors?
CVR has 1 investor. Key investors include CDK Global.
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