Xtime

Xtime

Develops cloud-based retention solutions for the retail automotive industry.

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$325m

Valuation: $325m

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Total Funding000k
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Xtime operates in the automotive service industry, providing a comprehensive service experience platform designed to enhance dealership efficiency and customer satisfaction. The company serves automotive dealerships by offering a suite of software tools including Spectrum for auto repair shop management, Invite for service department marketing, Schedule for appointment scheduling, Engage for customer experience management, and Inspect for digital vehicle inspection. Xtime's platform aims to drive owner loyalty and maximize service profits by streamlining operations and improving the customer experience. The business model is based on a subscription service, where dealerships pay for access to the platform and its various tools. Xtime generates revenue through these subscriptions and additional services offered to dealerships. The company operates primarily in the United States, Canada, and Australia, and is endorsed by multiple Original Equipment Manufacturers (OEMs). The platform is trusted by numerous dealerships and is known for its ability to increase efficiency and profitability in fixed operations.

Keywords: automotive, service platform, dealership, efficiency, customer satisfaction, Spectrum, Invite, Schedule, Engage, Inspect.

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