AutomotiveMastermind, Inc
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AutomotiveMastermind, Inc - overview
Established
2012
Location
New York, NY, US
Primary Industry
Software
About
AutomotiveMastermind, Inc is a New York-based company specializing in advanced marketing and software solutions tailored for the automotive dealership industry, leveraging predictive analytics to enhance customer engagement and streamline sales processes. Founded in 2012, AutomotiveMastermind, Inc focuses on providing data-driven insights to automotive dealers across the United States. The company was acquired by IHS Markit in September 2017, securing a 78% majority stake for approximately USD 392 mn. The firm's CEO, Marco Schnabl, is instrumental in its operations and strategic direction.
AutomotiveMastermind offers advanced marketing and software solutions primarily focused on the automotive dealership sector. Their key technologies, Actionable Intelligence™ and Mastermind CoPilot™, enhance customer engagement and sales effectiveness by analyzing diverse data points and behavioral drivers. Their services cater to a wide range of automotive dealers throughout the continental U. S.
, helping optimize service interactions and enhance sales processes. In the most recent year, 2016, AutomotiveMastermind reported revenue of USD 23. 20 mn. The company's revenue model is primarily based on subscription services for their proprietary products, providing dealerships with ongoing access to essential data-driven insights that improve operational efficiency and customer retention.
AutomotiveMastermind's recent acquisition by IHS Markit is expected to bolster its expansion efforts, facilitating the launch of new products and services. The company aims to target further geographic expansion within the U. S. market, capitalizing on new technologies designed to enhance performance.
The strategic funding of USD 392 mn from the latest deal will be utilized to support these initiatives, aiming for significant growth in customer engagement capabilities.
Current Investors
General Atlantic, IHS Markit
Primary Industry
Software
Sub Industries
eMarketing/Digital Marketing, Sales & Marketing Software, Application Integration Software, Analytics & Performance Software
Website
www.automotivemastermind.com/
Verticals
Big Data, Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
AutomotiveMastermind, Inc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | AutomotiveMastermind, Inc | - | ||||||||
| Growth | Completed | AutomotiveMastermind, Inc | - |
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