About Tekmetric
Tekmetric is a company based in Houston (United States) founded in 2015 by Prasanth Chilukuri and Sunil Patel.. Tekmetric has raised $1.14 million across 3 funding rounds from investors including Susquehanna Growth Equity. Tekmetric offers products and services including Shop Management Software, Payments System, CRM and Marketing Suite, and Tire Suite. Tekmetric operates in a competitive market with competitors including Mitchell International, AutoLeap, Fullbay, Shopmonkey and Decisiv, among others.
- Headquarter Houston, United States
- Founders Prasanth Chilukuri, Sunil Patel
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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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Total Equity Funding
$1.14 M (USD)
in 3 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Tekmetric
Tekmetric offers a comprehensive portfolio of products and services, including Shop Management Software, Payments System, CRM and Marketing Suite, and Tire Suite. 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.
Software for optimizing auto repair shop operations.
Handles embedded payments for timely transactions.
Manages customer relations and marketing efforts.
Streamlines tire sales and inventory management.
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Funding Insights of Tekmetric
Tekmetric has successfully raised a total of $1.14M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Jan 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Series A - Tekmetric | Valuation | Susquehanna Growth Equity |
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| Jun, 2017 | Amount | Seed - Tekmetric | Valuation |
investors |
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| Jan, 2016 | Amount | Seed - Tekmetric | Valuation |
investors |
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| 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 Tekmetric
Tekmetric has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Susquehanna Growth Equity. 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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Private equity firm
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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 Tekmetric
| 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 - Tekmetric
| 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 |
Tekmetric Comparisons
Competitors of Tekmetric
Tekmetric 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 Mitchell International, AutoLeap, Fullbay, Shopmonkey and Decisiv, 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 |
SaaS-driven collision repair and auto workshop management solutions
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| domain | founded_year | HQ Location |
SaaS-based management software is delivered for auto workshops.
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| domain | founded_year | HQ Location |
Shop management software is offered for heavy duty workshops.
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| domain | founded_year | HQ Location |
SaaS management software is delivered for auto repair workshops.
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| domain | founded_year | HQ Location |
Provider cloud-based SRM solution to manage internal/external service and repair events
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| domain | founded_year | HQ Location |
Cloud-based ERP software is offered for manufacturing sectors.
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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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Latest news on Tekmetric
Frequently Asked Questions about Tekmetric
When was Tekmetric founded?
Tekmetric was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Tekmetric located?
Tekmetric is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of Tekmetric?
Sunil Patel is the current CEO of Tekmetric. They have also founded this company.
Is Tekmetric a funded company?
Tekmetric is a funded company, having raised a total of $1.14M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jan 01, 2016.
What does Tekmetric do?
Tekmetric was founded in 2015 in Houston, United States, as a SaaS platform serving the automotive service sector. Operations are streamlined through features such as workflow management, repair estimates, appointment scheduling, inventory tracking, and CRM integration. Real-time profitability analysis and custom reporting are also supported, aiding service centers in managing repair processes and online orders across their facilities.
Who are the top competitors of Tekmetric?
Tekmetric's top competitors include Mitchell International, AutoLeap and Shopmonkey.
What products or services does Tekmetric offer?
Tekmetric offers Shop Management Software, Payments System, CRM and Marketing Suite, and Tire Suite.
Who are Tekmetric's investors?
Tekmetric has 1 investor. Key investors include Susquehanna Growth Equity.