Toma, an AI startup focused on automotive dealership software, has secured $17 million in a Series A funding round led by venture capital firm Andreessen Horowitz (a16z). The company, headed by CEO Monik Pamecha, is developing AI voice agents designed to automate key dealership communication tasks such as scheduling service appointments, placing parts orders, and booking test drives. This technology has already automated tens of thousands of calls, aiming to improve operational efficiency and allow dealership staff to focus on customer service. Toma's approach emphasizes custom-fit AI solutions tailored to the specific needs of dealerships rather than standardized tools. The funding will support scaling engineering efforts to address over 300 identified dealer challenges, as the company builds next-generation software to transform dealership operations.
300+ problems dealers are asking to solve— And one startup is building AI solutions for every single one. Monik Pamecha, CEO of @TomaAuto, shares how they're scaling engineering to meet real dealer demand. https://t.co/FARZQtaK2K
A16z leads $17m series A round for AI voice startup Toma https://t.co/yGiTSz1Bce
.@TomaAuto — building the AI agent auto dealers need! We’ve seen what’s under the hood 🚗— and we’re all in @a16z. (Pun fully intended this time.) Thanks @sokane1 for the great story! https://t.co/3TfIXvyOEY