Procede Software, a San Diego, California-based provider of dealer management systems (DMS) and solutions for the commercial vehicle industry, has secured strategic growth investment.
Investors
The investment was led by Rubicon Technology Partners, a middle-market private equity firm focused on enterprise software companies with innovative products and talented management teams. Founded in 2012, it has completed over 90 acquisitions since its inception. With over $4 billion in assets under management, Rubicon takes a hands-on, collaborative approach to help businesses adapt and scale, leveraging proprietary processes, best practices, and a portfolio-wide engagement model. Headquartered in Boulder, Colorado, with additional offices in New Haven, Connecticut, and San Mateo, California.
Procede Software Use of Funds
The funding will be used to enhance the product suite, expand integrations across the commercial vehicle ecosystem, and accelerate innovation.
About Procede Software
Procede Software provides enterprise dealer management systems (DMS) and software solutions for the commercial vehicle industry. Its flagship cloud-hosted solution, Excede, streamlines complex dealership operations, including sales, parts, and service, through a scalable, Microsoft Azure-based infrastructure. Headquartered in San Diego, California, Procede serves dealer locations across the United States, Canada, and Australia.
Funding Details
Company: Procede Software
Raised: Undisclosed
Round: Strategic Growth Investment
Funding Date: January 2026
Lead Investor: Rubicon Technology Partners
Additional Investors:
Company Website: https://www.procedesoftware.com/
Software Category: Dealer Management Systems / Commercial Vehicle Software
Source: https://www.prnewswire.com/news-releases/procede-software-announces-strategic-growth-investment-from-rubicon-technology-partners-302673085.html