AutoLeadStar Raises $40M in Growth Funding

AutoLeadStar, a Miami, FL-based provider of a digital customer data and experience platform for the automotive industry, raised $40M in Growth funding.

The round was led by Riverwood Capital which joined existing investors PICO Venture Partners, Target Global, and Aleph.

The company intends to us the funds to expand its investment in the technology can provide for auto retailers.

Led by CEO Aharon Horwitz, AutoLeadStar is an automotive retail industry focused Customer Data and Experience Platform (CDXP). Used by nearly 1000 dealerships across North America, the AI-powered marketing automation technology platform for auto-dealerships and manufacturers enables personalized marketing, digital commerce, and consumer engagement that informs and executes millions of decisions a day.

FinSMEs

07/11/2022