Osegi
Startups·1 min read

Australian AI startup AutoSwift raises nearly $6.9 million

Australian startup AutoSwift has raised nearly $6.9 million for its AI platform, which dealerships selling BYD, Zeekr, Land Rover and Kia vehicles already use.

A car dealership showroom with new electric and SUV models on the floor, illustrating AI software used by automotive retailers.
Image: techinasia.com

Australian AI startup AutoSwift has raised nearly $6.9 million, the company announced, as it expands a platform already in use at car dealerships.

According to AutoSwift, dealerships representing brands including BYD, Zeekr, Land Rover and Kia are among its existing users. That customer list spans both established manufacturers and newer electric-vehicle names, a sign that the product is gaining traction across different parts of the Australian car market.

Why it matters

Dealerships are under pressure to handle more customer enquiries and more brands, and AI tools aimed at the retail side of the automotive industry are drawing growing investor interest. A funding round of this size gives AutoSwift room to grow its team and product, while the roster of recognisable brands gives it early proof of demand.

The company has not been quoted here on how it plans to spend the money, and further details on investors or product plans were not part of the announcement summary. Any additional information on the round is expected to come from AutoSwift directly.

Apps worth a look

SUMO: the number puzzle

Tap the right tiles, add them up, hit the target. Easy to learn, hard to master. Free, for all ages.

Tags:autoswiftaustraliaaifundingcar dealershipsstartups

More from this day

See all →

More in: Startups

See all →