Automotive Distribution Digital Solutions Provider EPIKAR Secures Series A Funding
자동차 유통 디지털 솔루션 기업 에피카, 시리즈A 투자 유치
EPIKAR, a digital transformation solutions provider specializing in automotive distribution, announced on the 15th that it has successfully raised Series A investment from multiple investors, including the state owned Korea Development Bank (KDB).
With the newly secured funding, EPIKAR plans to accelerate technology development and strengthen its infrastructure to further advance its B2B digital sales and distribution solutions. Beginning in 2023, the company also aims to expand aggressively into overseas markets through strategic partnerships with global automotive dealer groups.
EPIKAR delivers data driven digital solutions across critical stages of the automotive retail lifecycle such as test drives and after-sales service (A/S) helping automakers and dealership networks significantly reduce operational costs while improving overall efficiency.
Notably, BMW Korea and seven official BMW dealerships have adopted EPIKAR’s platform, implementing a mobile based system that enables customers to manage the entire process from reservation to test drive across more than 80 dealerships nationwide.
In addition, approximately 75 service centers nationwide have introduced EPIKAR’s intelligent management system, allowing real-time monitoring of vehicle check in and check out operations.
Han Bosuk, CEO of EPIKAR, stated:
“While many industries have rapidly transitioned to digital services driven by mobile technology and industry wide digitalization, the automotive distribution market has been relatively slow to adapt.
Through efficient and innovative digital solutions, we aim to build a platform that delivers meaningful value to all stakeholders dealers, manufacturers, and consumers alike.”