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    Announcement

    Flai raises $27 million in Series A funding led by Base10

    Flai says its AI-native CRM serves dealership sales and service teams, expanding on its original AI phone agent.

    ari polakofAP
    1 Source, 5h ago, first seen 5h ago

    TLDR

    Flai announced a $27 million Series A led by Base10, bringing its total funding to $33 million. Toyota Ventures, Friedkin and Findlay Automotive Group also participated. Flai says its software has expanded from answering dealership calls to serving sales and service teams, and claims it generates about $100,000 in additional monthly revenue per dealership on average. The company plans to invest the funding in product and engineering.

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    1 Source, first seen 5h ago

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    1 Source

    ari polakof@APolakofToday, I'm thrilled to announce Flai's $27M Series A, led by Base10, bringing our total funding to $33M This round also brings in some of the biggest names in automotive. With Toyota Ventures, Friedkin, and Findlay Automotive Group on board, we're now backed by the people who build, distribute, service, and sell cars. A year ago, we announced our seed round with one product: an AI that answers the phone for car dealerships. Today, Flai is the first AI-native CRM for automotive, built for both the sales floor and the service drive. Over the last year, @useflai has grown more than 20x, and we now work with over 20% of the top 50 dealer groups. Dealerships still run on software from another era. One of the industry's biggest vendors started before the car was even invented. Dealer teams are buried in disconnected tools, and their customers feel every gap. Flai changes that. On average, Flai generates ~$100K in additional monthly revenue for each dealership we work with. With this funding, we'll invest aggressively in product and engineering to build the system modern dealerships run on. I'm incredibly proud of our team and deeply grateful to our dealer partners for their trust in what we're building. The round was led by @Base10Partners, with participation from: @firstround @Toyota_Ventures @friedkingroup @ycombinator Findlay Automotive Group We're growing extremely fast and hiring across every team: engineering, product, marketing, sales, and customer success. If you want to help rebuild how cars are sold and serviced, check out our careers page or reach out to me directly!5h
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    1 Source

    ari polakof@APolakofToday, I'm thrilled to announce Flai's $27M Series A, led by Base10, bringing our total funding to $33M This round also brings in some of the biggest names in automotive. With Toyota Ventures, Friedkin, and Findlay Automotive Group on board, we're now backed by the people who build, distribute, service, and sell cars. A year ago, we announced our seed round with one product: an AI that answers the phone for car dealerships. Today, Flai is the first AI-native CRM for automotive, built for both the sales floor and the service drive. Over the last year, @useflai has grown more than 20x, and we now work with over 20% of the top 50 dealer groups. Dealerships still run on software from another era. One of the industry's biggest vendors started before the car was even invented. Dealer teams are buried in disconnected tools, and their customers feel every gap. Flai changes that. On average, Flai generates ~$100K in additional monthly revenue for each dealership we work with. With this funding, we'll invest aggressively in product and engineering to build the system modern dealerships run on. I'm incredibly proud of our team and deeply grateful to our dealer partners for their trust in what we're building. The round was led by @Base10Partners, with participation from: @firstround @Toyota_Ventures @friedkingroup @ycombinator Findlay Automotive Group We're growing extremely fast and hiring across every team: engineering, product, marketing, sales, and customer success. If you want to help rebuild how cars are sold and serviced, check out our careers page or reach out to me directly!5h