Rapid Recon

Palo Alto, United States Founded: 2010 • Age: 16 yrs Acquired By Vehlo
Cloud-driven reconditioning software is supplied to auto dealerships for reporting.
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About Rapid Recon

Rapid Recon is a company based in Palo Alto (United States) founded in 2010 was acquired by Vehlo in January 2023.. Rapid Recon offers products and services including Rapid Recon, Rapid Window Stickers, Rapid Engage, and Rapid VINSight. Rapid Recon operates in a competitive market with competitors including Reynolds and Reynolds, Upstart, CDK Global, Tekion and Seez, among others.

  • Headquarter Palo Alto, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rapid Recon, Inc
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Vehlo

    (Jan 23, 2023)

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Products & Services of Rapid Recon

Rapid Recon offers a comprehensive portfolio of products and services, including Rapid Recon, Rapid Window Stickers, Rapid Engage, and Rapid VINSight. 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.

Primary

Manages workflows for vehicle reconditioning and reporting in dealerships.

Generates accurate vehicle build data and compliance features.

Facilitates customer engagement with vehicle information and analytics.

Provides vehicle data access for appraisals and sales support.

People of Rapid Recon
Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Nicole Renninger
New Business Manager
People
Jon Queitzsch
Regional Sales Manager
People
Dennis McGinn
CEO
People
Keith Brice
Vice President of Sales

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Funding Insights of Rapid Recon

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Rapid Recon

Rapid Recon has secured backing from 1 investor. Prominent investors backing the company include Vehlo. 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.

All
Investor Description Founded Year Domain Location
Auto repair and financial services are provided to vehicle owners.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Rapid Recon

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Rapid Recon

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Rapid Recon Comparisons

Employees
+
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Competitors of Rapid Recon

Rapid Recon 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
domain founded_year HQ Location
Software and services for automotive dealership retailing are provided.
domain founded_year HQ Location
Diversified loans are provided via an AI-enabled online marketplace.
domain founded_year HQ Location
Cloud-driven management systems for auto dealerships are provided.
domain founded_year HQ Location
AI and cloud-driven systems for auto dealership management are provided.
domain founded_year HQ Location
Developer of an online P2P marketplace for used cars
domain founded_year HQ Location
Vertical solutions for car owners and automotive workshops are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Rapid Recon

Frequently Asked Questions about Rapid Recon

When was Rapid Recon founded?

Rapid Recon was founded in 2010.

Where is Rapid Recon located?

Rapid Recon is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

What does Rapid Recon do?

Founded in 2010 in Palo Alto, United States, RapidRecon operates in the automotive software sector. Cloud-based tools are delivered to auto dealerships for vehicle reconditioning processes. Real-time reporting is enabled on staff performance, timelines, resource planning, and cost analysis. Accountability is maintained for repairs and enhancements, with daily, weekly, or monthly summaries provided on employee activities, step durations, and holding costs.

Who are the top competitors of Rapid Recon?

Rapid Recon's top competitors include Upstart, Reynolds and Reynolds and Seez.

What products or services does Rapid Recon offer?

Rapid Recon offers Rapid Recon, Rapid Window Stickers, Rapid Engage, and Rapid VINSight.

Who are Rapid Recon's investors?

Rapid Recon has 1 investor. Key investors include Vehlo.

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