Info
Info

KAR accelerates mobility strategy with acquisition of STRATIM

News

KAR Auction Services, a global vehicle remarketing and technology solutions provider, has announced the acquisition of mobility and fleet management software company STRATIM.

Info

The addition of STRATIM supplements KAR’s broad portfolio of wholesale used vehicle physical, online and digital auction marketplaces and ancillary service providers. The acquisition also expands the company’s presence into the rapidly growing market of on-demand car and ride sharing services, urban commute providers and autonomous vehicles.

“As the automotive industry continues to transform, we’re making meaningful investments in technology, data and analytics to meet the evolving needs of our customers and expand market opportunities," said Jim Hallett, chairman and CEO of KAR. “STRATIM’s first-of-its kind mobility management solution is already supporting the fleets of some of our commercial customers, and this is a natural extension of those relationships. We look forward to delivering integrated products and services through STRATIM and fortifying our presence in the mobility space."

San Francisco-based STRATIM was founded in 2016 by a team of technology innovators from Google, eBay and Trulia with decades of experience building platform and infrastructure technology. STRATIM’s software utilizes real-time data and predictive analytics to digitize fleet management and help mobility service providers streamline operations. Fleet owners can onboard, manage, service, dispatch and pay all their current vendors through STRATIM’s automated vendor management platform. STRATIM operates in more than 25 North American cities and has processed service transactions for many of the nation’s leading mobility service providers and automotive manufacturers.

“STRATIM enables automotive companies to succeed in the new age of use-based transportation," said Sean Behr, STRATIM founder and president. “KAR shares our entrepreneurial spirit and has the resources to fuel our continued growth and expansion. We’re thrilled to join the KAR family and deliver technology and innovation that power our customers’ fleets."

STRATIM will maintain its current headquarters in San Francisco, and will be part of KAR’s digital services group. Sean Behr assumes the role of STRATIM’s president.

“KAR is continuously scanning the automotive eco-system to identify solutions that modernize processes and enhance the customer experience," said Don Gottwald, chief operating officer and chief strategy officer at KAR. “Integrating STRATIM’s fleet management technology into KAR’s platform will give our customers a cost-effective, end-to-end, data-driven solution for better managing fleet vehicle service and optimizing logistics."


The Latest News, Brought To You By
KAR accelerates mobility strategy with acquisition of STRATIM
Modified on Monday 12th February 2018
Find all articles related to:
KAR accelerates mobility strategy with acquisition of STRATIM
TaaS Technology Magazine
Info
Autonomous-Vehicle Startup Kodiak Robotics Raises $40 Million
LeddarTech Delivers First LCA2 LiDAR Chips To Automotive Partners
Penske Truck Leasing Joins CharIN To Promote Commercial EV Charging Standards
Bosch Introduces Cheaper And More Efficient Electric Powertrains For Delivery Vans
Kroger And Nuro To Begin Self-driving Delivery Pilot In Scottsdale
Virginia Department Of Environmental Quality Selects EVgo To Develop Public EV Charging Network
EVgo Launches Six New EV Fast-charging Stations In Washington
Automotive Grade Linux Adds Six New Members
Navya Receives €30 Million Financing From The EIB
Efficient Drivetrains Announces Availability Of Its EDI PowerDrive 4000ev
Keolis In Partnership With Navya Launches Canada’s First Autonomous Electric Shuttle Project On Public Roads
BYD Wins Contract To Supply Electric Buses To The State Of Georgia And City Of Atlanta
Panasonic, Qualcomm And Ford Demo Real-world Application Of C-V2X In Colorado
Robert Bosch Venture Capital Invests In DeepMap
Eluminocity To Provide Discounted DC Fast Charging To Uber Vehicles
EV Charging Company Ample Secures $31 Million Series A Financing Round
Iteris Awarded Contract To Provide Bus Signal Priority System For Culver City
Ford’s Autonomic And Alibaba Cloud Partner To Enhance Mobility Experiences For Chinese Consumers
AI Start-up Scale Secures $18 Million Series B Funding
Shell And GM Deliver In-Dash Fuel Payment
Optare To Supply 31 Metrodecker Double Decker Electric Buses To London’s TFL Routes
Siemens And Ubitricity To Provide EV Charging Points Using Street Light Infrastructure In London
EVgo Adds Three Executives To Accelerate Fast Charging Expansion
Local Motors Ships Its 3D-Printed Shuttle, Olli, To University At Buffalo
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info