Xtime provides a cloud-based customer relationship management (CRM) and scheduling platform for automotive manufacturers and dealer service departments. The company serves global automotive manufacturers in North America, counting customers such as Lexus, Toyota Canada, Toyota US, BMW, Mercedes-Benz, Nissan, Infiniti, VW, Audi, Chrysler and Hyundai. Xtime reports more than 4,800 dealership customers and nearly 2 million registered consumers. It employs over 225 people across eight global offices in North America, Europe, Australia and Asia. The company is led by CEO Neal East. Xtime intends to use the new capital to support multiple deployments simultaneously to enable global expansion. Xtime, founded in 1999 and headquartered in Redwood Shores, California, is a software-as-a-service provider of web scheduling and CRM solutions for automotive service departments. Its ServiceCRM platform automates and integrates Xtime products into a unified solution for fixed operations, including service, parts, and body shop. Xtime has enrolled over 3,000 dealerships and offers products such as online, smartphone, dealership and call center scheduling, online bill pay, electronic inspections, electronic service menus, service marketing, greeter board, advanced shop control, management reporting and certified dealer management system integration. The company is the exclusive or preferred provider for multiple OEMs, including Lexus, Mercedes-Benz, Infiniti, Volkswagen, Toyota Canada, Hyundai, Chrysler, Nissan, Audi, BMW and Toyota U.S. Many leading dealership groups also hold contracts with Xtime. Financially, Xtime recently received a $3 million investment from Keating Capital in a Series F Preferred Stock round, with Keating acting as the lead investor.

Total raised

$26M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2012