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Tampa AI company for auto dealerships raises $20M


Stella Automotive AI is a digital voice assistant for car dealerships.
Stella Automotive AI is a digital voice assistant for car dealerships.
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A Tampa technology company that provides artificial intelligence for car dealers raised $19.7 million in a Series A financing round that just closed, according to a May 1 statement.

Stella Automotive AI raised its oversubscribed Series A financing round to support ongoing product development and drive growth in the market, the statement from the company says.

The company provides the equivalent of an “Alexa” or “Siri” so that people calling into car dealerships can get questions answered or schedule appointments. Dealers across the country have used Stella Automotive AI to help handle large call volumes and free up their staff to help customers in person rather than answer the phones, the company says.

 


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Elizabeth King

Elizabeth is a business news reporter with the Business Observer, covering primarily Sarasota-Bradenton, in addition to other parts of the region. A graduate of Johns Hopkins University, she previously covered hyperlocal news in Maryland for Patch for 12 years. Now she lives in Sarasota County.

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