Company:Impel: Difference between revisions

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{{Infobox company
{{Infobox company
| name = Impel
| name = Impel
| logo = thumb
| logo = [[File:Impel Logo RGB AI-Pill-F.svg|thumb|center|upright]]
| type = Private
| type = Private
| key_people = Devin Daly and Michael Quigley
| key_people = Devin Daly and Michael Quigley
Line 9: Line 9:
| homepage = https://impel.ai
| homepage = https://impel.ai
| num_employees = 450
| num_employees = 450
<ref>https://www.nasdaq.com/articles/ai-generated-car-buying-impels-new-$104m-funding-drives-innovation</ref>}}
<ref>{{cite web |last1=Vedantam |first1=K. |title=Ai-generated car buying? Impel’s new $104M funding drives innovation |website=Nasdaq |url=https://www.nasdaq.com/articles/ai-generated-car-buying-impels-new-$104m-funding-drives-innovation |access-date=29 September 2024 |date=January 17, 2023 }}
</ref>}}


'''Impel''' is a privately held software company providing [[Software as a service|software as a service]] and [[Engineering:Artificial intelligence|AI]] and technology to automotive, heavy truck, recreation, and heavy equipment dealers. The company also specializes in digital merchandising and AI-guided assistance to consumers throughout vehicle ownership.<ref>{{Cite web|url=https://www.aitimejournal.com/devin-daly-co-founder-and-ceo-at-impel-transforming-the-automotive-industry-revolutionizing-customer-lifecycle-management-with-ai-powered-innovation-from-inception-to-global-leadership/49677/|title=Devin Daly, Co-Founder and CEO at Impel - Transforming the Automotive Industry: Revolutionizing Customer Lifecycle Management with AI-Powered Innovation from Inception to Global Leadership|first=Martin|last=Russo|date=July 31, 2024|website=AI Time Journal - Artificial Intelligence, Automation, Work and Business}}</ref> Impel is headquartered in Syracuse, New York<ref>{{Cite web|url=https://www.cbinsights.com/company/impel-1|title=Impel - Products, Competitors, Financials, Employees, Headquarters Locations|website=www.cbinsights.com}}</ref> and has international offices in [[Place:London|London]], [[Place:Tbilisi|Tbilisi]], Toronto, and Brighton, Australia.<ref>{{Cite web|url=https://forbes.ge/en/spincar-acquires-pulsar-ai-the-industry-s-most-advanced-conversational-artificial-intelligence-platform/|title=SpinCar Acquires Pulsar AI, the Industry's Most Advanced Conversational Artificial Intelligence Platform • Forbes Georgia|first=Forbes|last=Georgia|date=May 11, 2021}}</ref>
'''Impel''' is a privately held software company providing [[Software as a service|software as a service]] and [[Engineering:Artificial intelligence|AI]] and technology to automotive, heavy truck, recreation, and heavy equipment dealers. The company also specializes in digital merchandising and AI-guided assistance to consumers throughout vehicle ownership.<ref>{{Cite web|url=https://www.aitimejournal.com/devin-daly-co-founder-and-ceo-at-impel-transforming-the-automotive-industry-revolutionizing-customer-lifecycle-management-with-ai-powered-innovation-from-inception-to-global-leadership/49677/|title=Devin Daly, Co-Founder and CEO at Impel - Transforming the Automotive Industry: Revolutionizing Customer Lifecycle Management with AI-Powered Innovation from Inception to Global Leadership|first=Martin|last=Russo|date=July 31, 2024|website=AI Time Journal - Artificial Intelligence, Automation, Work and Business}}</ref> Impel is headquartered in Syracuse, New York<ref>{{Cite web|url=https://www.cbinsights.com/company/impel-1|title=Impel - Products, Competitors, Financials, Employees, Headquarters Locations|website=www.cbinsights.com}}</ref> and has international offices in [[Place:London|London]], [[Place:Tbilisi|Tbilisi]], Toronto, and Brighton, Australia.<ref>{{Cite web|url=https://forbes.ge/en/spincar-acquires-pulsar-ai-the-industry-s-most-advanced-conversational-artificial-intelligence-platform/|title=SpinCar Acquires Pulsar AI, the Industry's Most Advanced Conversational Artificial Intelligence Platform • Forbes Georgia|first=Forbes|last=Georgia|date=May 11, 2021}}</ref>


== History ==
== History ==
Impel was founded in 2011 by Mike Quigley and Devin Daly under the original name, SwipetoSpin.<ref name="auto">{{Cite web|url=https://automotivedealer.com.au/what-drives-spincars-devin-daly/|title=WHAT DRIVES SPINCAR'S DEVIN DALY?|first=AADA|last=Editor|date=December 12, 2018}}</ref> In 2014, the company received funding from Stonehenge Growth Equity Partners <ref>https://www.wsj.com/articles/DJFVW00120140923ea9nqkeqg</ref> and rebranded from SwipetoSpin to SpinCar, focusing exclusively on developing 360-degree imaging solutions for the automotive retail industry.<ref name="auto"/>  
Impel was founded in 2011 by Mike Quigley and Devin Daly under the original name, SwipetoSpin.<ref name="auto">{{Cite web|url=https://automotivedealer.com.au/what-drives-spincars-devin-daly/|title=WHAT DRIVES SPINCAR'S DEVIN DALY?=|date=December 12, 2018}}</ref> In 2014, the company received funding from Stonehenge Growth Equity Partners <ref>https://www.wsj.com/articles/DJFVW00120140923ea9nqkeqg</ref> and rebranded from SwipetoSpin to SpinCar, focusing exclusively on developing 360-degree imaging solutions for the automotive retail industry.<ref name="auto"/>  


The company received its next round of funding from Wavecrest Growth Partners in 2018.<ref>{{Cite web|url=https://topmarkpartners.com/spincar-receives-22-million-growth-equity-investment/|title=SpinCar Receives $22 Million Growth Equity Investment|date=October 4, 2018|website=Topmark Partners}}</ref>
The company received its next round of funding from Wavecrest Growth Partners in 2018.<ref>{{Cite web|url=https://topmarkpartners.com/spincar-receives-22-million-growth-equity-investment/|title=SpinCar Receives $22 Million Growth Equity Investment|date=October 4, 2018|website=Topmark Partners}}</ref>


In May of 2021, the company acquired Pulsar AI, an automotive conversational AI platform.<ref>{{Cite web|url=https://www.cbtnews.com/breaking-spincar-announces-acquisition-of-pulsar-ai-a-leading-conversational-ai-platform/|title=Breaking: SpinCar announces acquisition of Pulsar AI, a leading conversational AI platform|first=C. B. T.|last=News|date=May 11, 2021}}</ref> Following the acquisition, the company rebranded to Impel in March 2022.<ref>{{Cite web|url=https://www.autonews.com/nada/spincar-renamed-impel-offers-2nd-chance-fi-tool|title=SpinCar renamed Impel, offers 2nd chance F&I tool &#124; Automotive News}}</ref> In November 2022, Impel AI acquired Carlabs.ai, a U.S.-based provider of conversational AI products for the automotive service industry.<ref>{{Cite web|url=https://www.autoremarketing.com/ar/technology/year-ma-continues-impel-acquiring-carlabs/|title=The year of M&A continues with Impel acquiring CarLabs}}</ref>  
In May of 2021, the company acquired Pulsar AI, an automotive conversational AI platform.<ref>{{Cite web|url=https://www.cbtnews.com/breaking-spincar-announces-acquisition-of-pulsar-ai-a-leading-conversational-ai-platform/|title=Breaking: SpinCar announces acquisition of Pulsar AI, a leading conversational AI platform|date=May 11, 2021}}</ref> Following the acquisition, the company rebranded to Impel in March 2022.<ref>{{Cite web|url=https://www.autonews.com/nada/spincar-renamed-impel-offers-2nd-chance-fi-tool|title=SpinCar renamed Impel, offers 2nd chance F&I tool &#124; Automotive News}}</ref> In November 2022, Impel AI acquired Carlabs.ai, a U.S.-based provider of conversational AI products for the automotive service industry.<ref>{{Cite web|url=https://www.autoremarketing.com/ar/technology/year-ma-continues-impel-acquiring-carlabs/|title=The year of M&A continues with Impel acquiring CarLabs}}</ref>  


Impel raised additional funding in 2023 from Silversmith Capital Partners<ref>https://www.wsj.com/articles/silversmith-leads-104-million-investment-in-software-startup-impel-11673646671</ref> and went on to acquire  Outsell<ref>{{Cite web|url=https://www.cbtnews.com/impel-acquires-outsell-to-create-groundbreaking-ai-sales-marketing-platform/|title=Impel acquires Outsell to create groundbreaking AI sales/marketing platform|first=C. B. T.|last=News|date=July 9, 2024}}</ref>, an automotive Customer Engagement Platform, in 2024.<ref>{{Cite web|url=https://www.autonews.com/retail/impel-acquires-car-dealer-marketing-technology-company-outsell|title=Impel acquires car dealer marketing technology company Outsell &#124; Automotive News}}</ref>
Impel raised additional funding in 2023 from Silversmith Capital Partners<ref>https://www.wsj.com/articles/silversmith-leads-104-million-investment-in-software-startup-impel-11673646671</ref> and went on to acquire  Outsell,<ref>{{Cite web|url=https://www.cbtnews.com/impel-acquires-outsell-to-create-groundbreaking-ai-sales-marketing-platform/|title=Impel acquires Outsell to create groundbreaking AI sales/marketing platform|date=July 9, 2024}}</ref> an automotive Customer Engagement Platform, in 2024.<ref>{{Cite web|url=https://www.autonews.com/retail/impel-acquires-car-dealer-marketing-technology-company-outsell|title=Impel acquires car dealer marketing technology company Outsell &#124; Automotive News}}</ref>


== Recognitions ==
== Recognitions ==
*August 2024: Stevie Awards for Technology Excellence.<ref>{{Cite web|url=https://stevies-tech.secure-platform.com/site/page/the-awards/2024-stevie-winners|title=Stevie Awards for Technology Excellence - 2024 Stevie Winners|website=stevies-tech.secure-platform.com}}</ref>  
*August 2024: Stevie Award for Technology Excellence<ref>{{Cite web|url=https://stevies-tech.secure-platform.com/site/page/the-awards/2024-stevie-winners|title=Stevie Awards for Technology Excellence - 2024 Stevie Winners|website=stevies-tech.secure-platform.com}}</ref>  
*July 2024: AI Breakthrough Award for Best Image Processing Solution <ref>{{Cite web|url=https://aibreakthroughawards.com/2024-winners/|title=2024 Winners}}</ref>
*July 2024: AI Breakthrough Award for Best Image Processing Solution<ref>{{Cite web|url=https://aibreakthroughawards.com/2024-winners/|title=2024 Winners}}</ref>
*July 2024: UK Motor Trader Award for IT Innovation of the Year<ref>{{Cite web|url=https://indies.motortrader.com/motortraderindependentdealerawards2024/en/page/2024-winners|title=Motor Trader Independent Dealer Awards 2024 - 2024 Winners|website=indies.motortrader.com}}</ref>
*July 2024: UK Motor Trader Award for IT Innovation of the Year<ref>{{Cite web|url=https://indies.motortrader.com/motortraderindependentdealerawards2024/en/page/2024-winners|title=Motor Trader Independent Dealer Awards 2024 - 2024 Winners|website=indies.motortrader.com}}</ref>
* June 2024: Co-founder, Devin Daly was named one of [[Company:Ernst & Young|EY]]’s New York Entrepreneurs of the Year.<ref>{{Cite web|url=https://www.ey.com/en_us/newsroom/2024/06/ey-announces-winners-for-the-entrepreneur-of-the-year-2024-new-york-award|title=EY Announces Winners for the Entrepreneur Of The Year® 2024 New York Award|first=authorsalutation:&#124;authorfirstname:Victoria &#124;authorlastname:Kasper&#124;authorjobtitle:Assistant Director, Ernst & Young|last=LLP&#124;authorurl:https://www.ey.com/en_us/people/victoria-kasper|website=www.ey.com}}</ref>
* June 2024: Co-founder, Devin Daly was named one of [[Company:Ernst & Young|EY]]’s New York Entrepreneurs of the Year<ref>{{cite web |last=Kasper |first=Victoria |date=2024 |title=EY announces winners for The entrepreneur of the year® 2024 new york award |url=https://www.ey.com/en_us/newsroom/2024/06/ey-announces-winners-for-the-entrepreneur-of-the-year-2024-new-york-award |website=EY |access-date=30 September 2024}}</ref>
*2019: Spincar Named 118th Fastest Growing Company in North America on Deloitte Technology Fast 500<ref>{{Cite web|url=https://digitaldealer.com/press-releases/spincar-ranked-118th-fastest-growing-company-north-america-deloittes-2019-technology-fast-500/|title=SpinCar Ranked 118th Fastest Growing Company in North America on Deloitte's 2019 Technology Fast 500™|date=November 8, 2019}}</ref>
*2019: Spincar Named 118th Fastest Growing Company in North America on Deloitte Technology Fast 500<ref>{{Cite web|url=https://digitaldealer.com/press-releases/spincar-ranked-118th-fastest-growing-company-north-america-deloittes-2019-technology-fast-500/|title=SpinCar Ranked 118th Fastest Growing Company in North America on Deloitte's 2019 Technology Fast 500™|date=November 8, 2019}}</ref>


Latest revision as of 18:22, 10 October 2024

Impel
TypePrivate
IndustrySoftware AI for the automotive industry
Founded2011
HeadquartersSyracuse, New York, United States
Key people
Devin Daly and Michael Quigley
Number of employees
450 [1]
Websitehttps://impel.ai

Impel is a privately held software company providing software as a service and AI and technology to automotive, heavy truck, recreation, and heavy equipment dealers. The company also specializes in digital merchandising and AI-guided assistance to consumers throughout vehicle ownership.[2] Impel is headquartered in Syracuse, New York[3] and has international offices in London, Tbilisi, Toronto, and Brighton, Australia.[4]

History

Impel was founded in 2011 by Mike Quigley and Devin Daly under the original name, SwipetoSpin.[5] In 2014, the company received funding from Stonehenge Growth Equity Partners [6] and rebranded from SwipetoSpin to SpinCar, focusing exclusively on developing 360-degree imaging solutions for the automotive retail industry.[5]

The company received its next round of funding from Wavecrest Growth Partners in 2018.[7]

In May of 2021, the company acquired Pulsar AI, an automotive conversational AI platform.[8] Following the acquisition, the company rebranded to Impel in March 2022.[9] In November 2022, Impel AI acquired Carlabs.ai, a U.S.-based provider of conversational AI products for the automotive service industry.[10]

Impel raised additional funding in 2023 from Silversmith Capital Partners[11] and went on to acquire Outsell,[12] an automotive Customer Engagement Platform, in 2024.[13]

Recognitions

  • August 2024: Stevie Award for Technology Excellence[14]
  • July 2024: AI Breakthrough Award for Best Image Processing Solution[15]
  • July 2024: UK Motor Trader Award for IT Innovation of the Year[16]
  • June 2024: Co-founder, Devin Daly was named one of EY’s New York Entrepreneurs of the Year[17]
  • 2019: Spincar Named 118th Fastest Growing Company in North America on Deloitte Technology Fast 500[18]

References

  1. ↑ Vedantam, K. (January 17, 2023). "Ai-generated car buying? Impel’s new $104M funding drives innovation". https://www.nasdaq.com/articles/ai-generated-car-buying-impels-new-$104m-funding-drives-innovation. 
  2. ↑ Russo, Martin (July 31, 2024). "Devin Daly, Co-Founder and CEO at Impel - Transforming the Automotive Industry: Revolutionizing Customer Lifecycle Management with AI-Powered Innovation from Inception to Global Leadership". https://www.aitimejournal.com/devin-daly-co-founder-and-ceo-at-impel-transforming-the-automotive-industry-revolutionizing-customer-lifecycle-management-with-ai-powered-innovation-from-inception-to-global-leadership/49677/. 
  3. ↑ "Impel - Products, Competitors, Financials, Employees, Headquarters Locations". https://www.cbinsights.com/company/impel-1. 
  4. ↑ Georgia, Forbes (May 11, 2021). "SpinCar Acquires Pulsar AI, the Industry's Most Advanced Conversational Artificial Intelligence Platform • Forbes Georgia". https://forbes.ge/en/spincar-acquires-pulsar-ai-the-industry-s-most-advanced-conversational-artificial-intelligence-platform/. 
  5. ↑ 5.0 5.1 "WHAT DRIVES SPINCAR'S DEVIN DALY?=". December 12, 2018. https://automotivedealer.com.au/what-drives-spincars-devin-daly/. 
  6. ↑ https://www.wsj.com/articles/DJFVW00120140923ea9nqkeqg
  7. ↑ "SpinCar Receives $22 Million Growth Equity Investment". October 4, 2018. https://topmarkpartners.com/spincar-receives-22-million-growth-equity-investment/. 
  8. ↑ "Breaking: SpinCar announces acquisition of Pulsar AI, a leading conversational AI platform". May 11, 2021. https://www.cbtnews.com/breaking-spincar-announces-acquisition-of-pulsar-ai-a-leading-conversational-ai-platform/. 
  9. ↑ "SpinCar renamed Impel, offers 2nd chance F&I tool | Automotive News". https://www.autonews.com/nada/spincar-renamed-impel-offers-2nd-chance-fi-tool. 
  10. ↑ "The year of M&A continues with Impel acquiring CarLabs". https://www.autoremarketing.com/ar/technology/year-ma-continues-impel-acquiring-carlabs/. 
  11. ↑ https://www.wsj.com/articles/silversmith-leads-104-million-investment-in-software-startup-impel-11673646671
  12. ↑ "Impel acquires Outsell to create groundbreaking AI sales/marketing platform". July 9, 2024. https://www.cbtnews.com/impel-acquires-outsell-to-create-groundbreaking-ai-sales-marketing-platform/. 
  13. ↑ "Impel acquires car dealer marketing technology company Outsell | Automotive News". https://www.autonews.com/retail/impel-acquires-car-dealer-marketing-technology-company-outsell. 
  14. ↑ "Stevie Awards for Technology Excellence - 2024 Stevie Winners". https://stevies-tech.secure-platform.com/site/page/the-awards/2024-stevie-winners. 
  15. ↑ "2024 Winners". https://aibreakthroughawards.com/2024-winners/. 
  16. ↑ "Motor Trader Independent Dealer Awards 2024 - 2024 Winners". https://indies.motortrader.com/motortraderindependentdealerawards2024/en/page/2024-winners. 
  17. ↑ Kasper, Victoria (2024). "EY announces winners for The entrepreneur of the year® 2024 new york award". https://www.ey.com/en_us/newsroom/2024/06/ey-announces-winners-for-the-entrepreneur-of-the-year-2024-new-york-award. 
  18. ↑ "SpinCar Ranked 118th Fastest Growing Company in North America on Deloitte's 2019 Technology Fast 500™". November 8, 2019. https://digitaldealer.com/press-releases/spincar-ranked-118th-fastest-growing-company-north-america-deloittes-2019-technology-fast-500/. 


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