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‘Virtuans AI,’ a startup founded by Pakistani entrepreneurs Raheel Ahmad and Muddassar Sharif, has been acquired by U.S.-based AutoAcquire AI in a seven-figure USD deal that includes both cash and equity. The transaction comes just under two years after Virtuans first launched, marking a fast rise for the young company.
As part of the agreement, both founders will take on leadership roles at AutoAcquire. Financial details remain confidential and are off the record until AutoAcquire announces its next funding round.
Virtuans AI built autonomous conversational AI agents designed to handle sales and customer support tasks. The company focused on replacing repetitive human workflows with software that could respond, qualify leads, and close conversations. Its platform used a multi-channel setup, deep native integrations, an intuitive agentic user interface, and reinforcement learning to improve accuracy over time. The system supports communication in more than 40+ languages, allowing businesses to deploy it globally.
With this acquisition, AutoAcquire AI strengthens its push to modernize how automotive dealerships buy vehicles. The company aims to unify targeting, pricing offers, inspections, logistics, and fraud protection into one AI-driven system. By combining these steps, AutoAcquire helps dealers operate faster and at scale.
The broader goal is clear. The company wants to reshape the $1Trillion used car market in the US. According to available industry estimates, AutoAcquire AI’s annual revenue is still relatively modest, generating around $550,000 per year as the startup scales its operations and client base.
The deal also stands out because of AutoAcquire’s leadership bench. Founder and CEO Anthony Monteiro brings over 30+ years of automotive software experience. He has led four major exits valued at more than $550M. His track record includes DRAIVER, which was sold to KAVAK; ELEAD CRM, which was acquired by CDK; and Autoweb, listed on NASDAQ under AWEB.
AutoAcquire shared more details in its official press release. For Pakistan’s growing tech ecosystem, the acquisition sends an important message. It shows that local founders can build global products in less than two years. It also proves that Pakistani AI talent can attract U.S. buyers and step into leadership roles inside international technology companies.
