OEConnection
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Acquisition | ||
N/A | Acquisition | ||
* | $1.5b | Debt | |
Total Funding | - |
Recent News about OEConnection
EditOEConnection (OEC) is a leading provider of software solutions tailored for the automotive industry, specifically focusing on the vehicle parts and repair ecosystem. The company serves a diverse range of clients including original equipment manufacturers (OEMs), dealers, distributors, repair shops, and insurance companies. Operating within the automotive market, OEC's business model revolves around offering a suite of digital tools that streamline the processes of selling, sourcing, leasing, managing, billing, and claims handling for vehicle parts and repairs.
OEC generates revenue through subscription fees for its software services, transaction-based fees, and value-added services. By leveraging its extensive network and data capabilities, OEC enables its clients to overcome the complexities associated with service, maintenance, and repair operations, thereby enhancing efficiency and productivity.
The company actively participates in industry events and hosts webinars to foster community engagement and knowledge sharing within the automotive sector.
Keywords: automotive software, OEMs, dealers, distributors, repair shops, insurers, parts management, repair management, digital tools, subscription fees, transaction-based fees.