
VINCUE
VinCue | Inventory Sourcing and Management for Car Dealerships.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
* | N/A | Series B | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 30 % | 18 % | 66 % | 15 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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VINCUE, legally known as DealerCue Automotive Corp., provides a software platform for vehicle lifecycle management tailored to retail automotive dealerships. Founded in 2015 by Chris Hoke, Brian Kellogg, and Jeff Rice, the Kansas City-based company aims to unify the entire inventory process into a single system. The leadership team’s structure is a blend of technology and automotive retail experience; Chris Hoke, the CEO and CTO, previously led development at VinSolutions and served as Chief Enterprise Architect for Billboard, while Danny Zaslavsky, Co-Founder and Managing Partner, has over three decades of experience running his family's dealership, which now serves as a real-world incubator for VINCUE's solutions.
The company's business model is centered on a subscription-based Software-as-a-Service (SaaS) offering, with reported monthly costs ranging from $1,500 to $2,500, though this can vary. Revenue is generated by providing dealerships with tools to manage inventory from acquisition to sale. The platform is designed to enhance operational efficiency and profitability for its clients, which range from small independent dealers to large franchise groups. VINCUE has secured significant institutional investments, including a Series B round in August 2023 led by Holman, a global automotive services organization, with participation from Autotech Ventures and Automotive Ventures. This funding is aimed at scaling operations and advancing the product roadmap.
VINCUE's platform integrates four main stages of the inventory lifecycle: Plan, Buy, Manage, and Sell. For the 'Plan' stage, it offers tools for creating data-driven buying plans based on live market analytics to identify what vehicles will sell best in a specific market. The 'Buy' stage provides a unified sourcing tool that covers auctions, trade-ins, and private party acquisitions, including a Vehicle Buying Center (VBC) to generate inbound leads directly from the public. Features include real-time market data for appraisals and the ability to source from platforms like Craigslist, Facebook Marketplace, and major auctions all from one dashboard. The 'Manage' phase focuses on market pricing, merchandising, and syndication, centralizing pricing strategies and automatically generating search-optimized vehicle descriptions. Finally, the 'Sell' stage includes creating VIN-specific digital advertising for platforms where likely buyers are active and building SEO-optimized websites to function as digital showrooms.
A key differentiator is the platform's reliance on real-time market and performance data to guide dealer decisions, aiming to help them sell vehicles based on authentic value rather than just competing on the lowest price. The system consolidates data from a dealer's CRM and DMS, providing a holistic view of operations and customer interactions. VINCUE emphasizes hands-on dealer support, providing each client with a dedicated Performance Manager and 24/7 access to support engineers. The company also fosters a community through industry partnerships and exclusive user events like VINCUE: UNLEASHED.
Keywords: automotive inventory management, vehicle lifecycle management, dealership software, auto dealer solutions, market pricing tools, inventory acquisition, vehicle appraisal software, automotive data analytics, digital retailing for dealers, automotive SaaS, private party vehicle acquisition, auction sourcing software, vehicle merchandising, automotive digital advertising, dealer operations, Chris Hoke, Danny Zaslavsky, Holman, Autotech Ventures, DealerCue, inventory turn, gross profit optimization, retail automotive technology, vehicle data intelligence, competitor analysis for dealers