Loading organizations...
Loading organizations...
360Converge, which recently rebranded to Dealertxt, is an Orlando, Florida-based software company that develops an automated communication and customer relationship management platform for the automotive retail industry. The business operates on a software-as-a-service model, providing dealerships and auto groups with workflow automation tools that integrate directly with existing dealership management systems to manage customer lifecycles through text, email, and voice messaging. Operating in a sector alongside competitors like CentralBDC, the company expanded its capabilities by acquiring Valuinsight, an inventory analysis platform, to combine data analytics with its core texting automation services and enter the data acquisition market. The enterprise operates with a lean team of approximately two employees and has raised a total of $230,000 in venture funding across its lifecycle. 360Converge was founded in 2015 by chief executive officer Todd Smith.
360Converge has raised $180K across 1 funding round.
360Converge has raised $180K in total across 1 funding round.
360Converge has raised $180K in total across 1 funding round.
360Converge's investors include Hubrix Ventures, KRM Interests LLC, One Planet Group, Ribbit Capital, Unpopular Ventures, UpHonest Capital, Joshua Schachter.
360Converge is a SaaS platform providing text marketing automation and workflow tools tailored for the automotive dealership industry, enabling personalized customer lifecycle management via text and email messaging.[1][2] It integrates with all major automotive CRMs and DMS providers to streamline communication, boost sales, service appointments, and customer satisfaction, primarily serving dealerships with intuitive automation for marketing and operations.[1] The company, founded in 2015 and headquartered in Orlando, Florida, has shown growth through strategic moves like acquiring Valuinsight to combine data analysis with texting capabilities.[3]
360Converge was founded in 2015 in Orlando, Florida, as a next-generation communication platform specifically for the automotive sector.[1][2] While specific founder details are not publicly detailed in available sources, the company emerged to address dealerships' need for seamless text and email automation integrated with existing CRM and DMS systems.[1] Early traction included responsive actions like rolling out a free texting solution during the COVID-19 pandemic to help dealerships communicate health updates, demonstrating adaptability.[4] A pivotal moment came with its acquisition of Valuinsight, enhancing its offerings by merging data analytics with automation workflows.[3]
360Converge rides the wave of digital transformation in automotive retail, where omnichannel communication—especially texting—has become essential amid shifting consumer preferences for contactless, personalized interactions.[1][5] Timing aligns with post-pandemic acceleration of digital dealership tools, as seen in its COVID-19 response and Valuinsight acquisition to leverage data analytics amid rising demand for AI-enhanced customer engagement.[3][4] Market forces like increasing mobile usage and regulatory pushes for compliant messaging favor its niche, helping dealerships compete with direct-to-consumer OEM models while influencing the ecosystem through integrations that standardize automation across fragmented CRM landscapes.[1]
360Converge (now emphasizing Dealertxt) is poised for expansion by deepening data-text synergies post-Valuinsight, potentially targeting larger dealer groups and OEM partnerships amid AI-driven personalization trends.[3][5] Rising adoption of conversational commerce in auto retail will shape its path, with opportunities in predictive analytics and voice integration to further automate lifecycles. Its influence may grow as a consolidator in the fragmented dealership tech space, solidifying its role as the go-to for workflow automation that turns customer data into revenue—echoing its origins in bridging communication gaps for automotive success.[1][2]
360Converge has raised $180K across 1 funding round. Most recently, it raised $180K Seed in December 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2019 | $180K Seed | Hubrix Ventures, KRM Interests LLC, One Planet Group, Ribbit Capital, Unpopular Ventures, UpHonest Capital, Joshua Schachter |