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DealerSocket

“Can a legacy dealership CRM/DMS become the embedded financial and operational OS for auto retail under Solera's ownership?”

Founded2001
HQWestlake, Texas, United States
FoundersBrad Perry, Jonathan Ord
Latest roundAcquired by Solera Holdings
IndustryVertical SaaS / Automotive Dealerships
The story

DealerSocket started in 2001 as a CRM and training provider for auto dealers, expanding into a full dealership operating suite spanning CRM, DMS (IDMS, Auto/Mate), digital retail (PrecisePrice), websites (DealerFire), inventory (Inventory+), and equity mining (RevenueRadar). After being acquired by Solera Holdings, DealerSocket has been progressively consolidated into Solera's Vehicle Solutions stack — most visibly in 2025 when it deprecated legacy third-party payment integrations (Repay 2.0, Paymaxx Pro, Sigma) in favor of Peri by Solera as the preferred embedded payment provider, and introduced SocketCredit for in-CRM credit bureau pulls.

Last 12 months
2025-06
2025
Product timeline
2001
Founded as automotive CRM and dealership training provider in San Clemente, California· founding
2021
Acquired by Solera Holdings, integrated into Solera's Vehicle Solutions group· acquisition
2025
Sunset Repay 2.0, Paymaxx Pro, and Sigma payment integrations in favor of Peri by Solera as preferred payment provider· pivot
Acquisitions
Auto/Mate2020
Independent dealership DMS provider absorbed into the DealerSocket DMS portfolio
The stack
4 layers disclosed in DealerSocket’s embedded-finance stack
Payments / PSP
Peri by SoleraRepayPaymaxx ProSigma
Lending
in the full report
KYC
in the full report
Accounting
in the full report
Accounting gap: none
11 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.