PromptPath Secures $12 Million Series A Funding to Expand Automotive Voice AI Platform
PromptPath, an Austin-based AI conversation assistance platform for automotive dealerships, has raised $12 million in a Series A funding round. The investment was led by FM Capital and Armory Square Ventures, with additional participation from Automotive Ventures, Holman Ventures, and various dealer groups. The capital will be used to scale PromptPath's end-to-end Voice AI platform, which provides real-time coaching insights and process visibility across sales, finance (F&I), and service departments. The technology aims to capture data from customer conversations to provide actionable intelligence without replacing human staff. In conjunction with the funding, automotive industry veteran Keith Jezek has joined PromptPath's board of directors. Jezek brings extensive experience from leadership roles at Open Lending, vAuto, and Cox Automotive.
Topics: Automotive Technology Board Appointment Series A funding Voice AI
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