Company profile: Rapid Recon
1.1 - Company Overview
Company description
- Provider of cloud-based reconditioning workflow software for auto dealerships (Rapid Recon), with real-time vehicle status, repair estimates, and recon costs. Offers Recon Inspect digital inspections, Vehlo Window Stickers and build sheets, Recon Connect integrations with real-time and manufacturer data, Vendor Advantage workflow acceleration, and a Certified Partner Program.
Products and services
- Rapid Recon Workflow Management: An enterprise-grade cloud-based application enabling dealerships to architect reconditioning workflows with real-time vehicle status, repair estimates, and recon costs for accountability and faster inventory turnover
- Vendor Advantage: A custom-engineered service accelerating frontline readiness by optimizing reconditioning workflow and reducing time-to-line, boosting selling days, inventory turnover, and profit margins for dealerships
- Recon Connect: A modular web-based integration platform connecting real-time reconditioning information with manufacturer’s data to assist vehicle purchasing and sales across linked software systems
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Rapid Recon
F&I Express
HQ: United States
Website
- Description: Provider of e-contracting technology solutions for the automotive, finance, and insurance industries, including the F&I Express system developed with Advent Resources for contracting and registering.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Oasis Auto Complete Systems
HQ: Canada
Website
- Description: Provider of software and hardware solutions for automobile dealerships, offering development, installation, and support services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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TruVideo
HQ: United States
Website
- Description: Provider of a proprietary video, texting, and communication platform enabling businesses and service providers to communicate with customers and colleagues via video inspections, text messaging, and AI analytics. Offers AI-powered features (noise removal, subtitles, grammar fixes, translation), real-time analytics and sentiment via TruReports, and DMS/SRM integrations that pull repair order data for seamless communication and data logging.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Progressus Media
HQ: United States
Website
- Description: Provider of mobile-first, technology-connected media and mobile advertising services. Offers an API-powered platform that enables partners to engage new audiences with scale, automation, and real-time data. Focused on the automotive vertical, serving 145,000 automotive shoppers daily and generating over 11,000 direct customer inquiries in the US.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Progressus Media company profile →
Recovery Database Network
HQ: United States
Website
- Description: Provider of software and data solutions for automotive asset recovery, including RDN, a platform connecting lenders, credit unions, and forwarders with repossession companies and offering analytics; Clearplan, a field tool for repossession agents enabling real-time communication and workflow management; and Cleardata, a post-recovery system for collateral management, personal property processing, and transport scheduling.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Recovery Database Network company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Rapid Recon
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Rapid Recon
2.2 - Growth funds investing in similar companies to Rapid Recon
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4 - Top valuation comps for Rapid Recon
4.2 - Public trading comparable groups for Rapid Recon
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