For an industry as integral to American life as auto dealerships, it’s remarkable how much customer communication still gets dropped. Nearly half of dealership calls go unanswered, a staggering figure in a business where missed calls often mean missed revenue, missed relationships, and ultimately, missed opportunities. In this gap, Toma, a voice AI startup, has found its opportunity.
Toma just raised $17 million in a Series A funding round led by Andreessen Horowitz, with participation from Y Combinator, Scale Angels, and several angels from both the tech and auto worlds. The funding marks a turning point for the young company, founded in early 2024 by Monik Pamecha and Anthony Krivonos, as they grow their team from scratch.
Finding Their Voice in Auto Retail
“They just called
Toma Answers the Call of Auto Dealerships with $17M Series A
- By Mukundan Sivaraj
- Published on
“They just called us up and said ‘we are drowning in phone calls.’”
