Impel
Latest round
- Series B
Last raised
- Dec 2022
Total raised
- $104M
Investors
- 2
About Impel
Founded in 2013 in Syracuse, US, Impel focuses on delivering innovative customer lifecycle management platforms for automotive retailers.Impel offers an advanced customer lifecycle management platform specifically designed for the automotive retail sector. The platform integrates generative AI technology to enhance customer interactions at various touchpoints, including website engagement, showroom experiences, and service appointment scheduling. Key functionalities include AI-driven conversational support, interactive content that captivates shoppers, and computer vision capabilities that elevate vehicle imagery to showroom standards. This end-to-end solution caters to a diverse client base, including dealership groups, local auto dealers, specialty vehicle dealers, and aftermarket operations.Impel's revenue model is structured around subscriptions and partnerships with automotive dealers and retailers, facilitating the deployment of its AI-powered solutions. Clients engage in commercial transactions through agreements that typically encompass a combination of software licenses, support services, and ongoing enhancements to the platform. Transactions are executed based on the tailored needs of clients, often involving flagship products such as Sales AI Copilot and Service AI, which contribute significantly to the client’s operational efficiency and sales growth.Impel is focused on expanding its product offerings, including the launch of several innovative solutions aimed at enhancing customer engagement in the automotive sector. The company also plans to enter new geographic regions and markets, specifically targeting expansion into Europe and Latin America by the end of 2024.
Who invested in Impel
2 investors across 1 round
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Funding rounds
Series B
Dec 19, 2022
Amount
$104M
Investors
Questions about Impel
Who invested in Impel?
Impel has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Impel raised?
Impel has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Impel last raise money?
Impel's most recent round on record is a Series B, in Dec 2022.
What does Impel do?
Founded in 2013 in Syracuse, US, Impel focuses on delivering innovative customer lifecycle management platforms for automotive retailers.
Where is Impel headquartered?
Impel is headquartered in Syracuse, US.
Which VCs invest in companies like Impel?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Impel's stage. Their profiles are linked below.
VCs backing software startups at Series B
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