Australian automotive AI company AutoSwift secures nearly A$10M from X Star Technology
Australian automotive AI company AutoSwift has received a strategic investment of nearly A$10 million ($6.5 million) from Singapore-based X Star Technology to advance its AI WINGMAN platform and support its expansion across regional markets.
The companies have not revealed the exact investment amount, valuation, ownership stake or structure of the transaction. In a statement on Tuesday, AutoSwift said the funding would help speed up product development and expand the reach of its automotive retail software into additional markets.
AI WINGMAN is an agentic customer engagement platform built for automotive dealerships. It manages customer inquiries through web chat, SMS, WhatsApp and phone calls, qualifies potential leads, schedules appointments and analyses dealership customer and operational data to identify sales opportunities.
According to AutoSwift, dealerships representing brands such as BYD, Zeekr, Land Rover and Kia are already using the platform. However, the company did not share customer identities, deployment numbers, financial results or independently verified performance metrics.
Headquartered in Singapore, X Star Technology provides automotive finance technology and is wholly owned by Hong Kong-listed Yixin Group. Its company profile states that it operates across the Asia-Pacific, Latin American and Middle Eastern markets, working with over 2,000 dealers, manufacturers and financial institutions. These figures are based on information provided by the company.
The investment brings together AutoSwift’s Australian software development capabilities and X Star’s regional automotive finance network. AutoSwift presented AI WINGMAN at the Australian Automotive Dealer Association Convention and Expo in Sydney in July, followed by AIMCONNECT 2026 in Singapore in October.
At the Singapore event, X Star and other industry participants showcased AI-enabled workflows for dealerships and financing. TNGlobal had earlier reported that discussions centred on integrating customer inquiries, vehicle selection, financing and dealership operations, while maintaining human oversight and safeguards for automated decisions.
AutoSwift said its platform is intended to support dealership sales and servicing teams rather than replace them. Its tools are designed to provide continuous responses to customer inquiries and identify promising leads for staff to follow up.
The deal comes amid growing investment in automotive retail and financing software across the Asia-Pacific region, as dealerships, lenders and vehicle manufacturers increasingly explore AI applications in customer engagement, underwriting support and post-sale services. However, AutoSwift and X Star have not announced a timeline for entering new markets or identified the first countries they plan to target as part of the expansion.
