February 2 2021 — FirePower Capital announced today that it has provided sMedia Ventures Inc. (“sMedia”), a leader in predictive analytics, artificial intelligence and online advertising for the automotive industry since 2011, with a term credit facility for $3.5 million CAD. sMedia will use the capital to grow their automotive dealership customer base and strengthen its proprietary marketing tech platform.
At sMedia we pride ourselves on never staying still. When COVID-19 hit, we kicked our collective innovation into high gear to provide solutions and offer value at no cost to dealerships affected by COVID-19.
Remember the last time you were relying on Retail Delivery Registration (or RDR) to hit your monthly targets?
Every Q4 dealers face a harsh reality – the sales targets add up from previous months. Dealers often have to turn to RDR as they barely hit yearly sales targets.
With the growing demand of sales targets from the OEM, not to mention mid-month target change at times, how do you keep up in this volatile landscape?
When you walk into a new spacious office of sMedia, you won’t find a room of company’s CEO, Marshal Finch. In fact, you won’t find anyone’s room – sMedia has adopted an activity-based working.
“Our team can choose between a variety of different work stations, each designed for a specific activity – quiet space, sales call, brainstorming area etc.” Marshal says. “No one has a single dedicated workplace, but they can work in the kind of space that best supports the type of work they are doing on any given day.”
It’s no secret that dealerships invest a significant amount of money on their advertising. You could probably open your email right now and find a new opportunity to spend $1000, but should you? What happens when you have seemingly great campaigns but you still aren’t getting results?
sMedia is Saskatchewan’s Fastest-Growing Company in 2019.
“Since the beginning, we aimed to create more local jobs and contribute to Saskatchewan’s economy,” says Marshal Finch, sMedia CEO.
Today, Canadian Business recognized sMedia as the 30th fastest-growing company in Canada in 2019! We are thrilled to be among the most ambitious, innovative and successful businesses in Canada.
We are thrilled to announce that sMedia is one of the Finalists of the Saskatchewan Chamber’s 2019 ABEX Award in the Export category.
sMedia CEO Marshal Finch talks AI to the Automotive Marketplace at Investing News.
Today at the Collision conference in Toronto, sMedia is launching Vroomance – the world’s largest car marketplace that aggregates more vehicles than all other car marketplaces combined. Vroomance provides the most accurate, up-to-date market data on 16 million vehicles, while the second closest car search engine gives access to only 4.5 million cars.