Overfuel Raises $6 Million for Dealership AI Tools
Overfuel said in a press release that it received a $6 million growth equity investment from Comedor Capital. The company will use the funding to develop products using AI, recruit staff and support expansion.
Overfuel provides websites, shopping assistants using AI, analytics, inventory management, digital retail tools and local visibility services for automotive, recreational vehicle, powersports and commercial truck dealerships. Its dealership website count increased by more than 225% during the past two years.
The company said its website optimization technology has reduced load times and bandwidth requirements by more than 90%. Comedor Capital is an Austin based growth equity firm focused on software and services companies using AI.
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