Recurrent Motors

InternetSeries ASeattle, USrecurrentauto.com

Latest round

Series A

Last raised

Dec 2023

Total raised

$20M

Investors

10

About Recurrent Motors

Recurrent Motors, Inc.Founded in 2020 in Seattle, US, Recurrent Motors, Inc. focuses on the electric vehicle sector, helping consumers buy, drive, and sell electric cars. The company was co-founded by Kyle Rippey and Scott Case, who has a history of entrepreneurial ventures.Recurrent offers a data-driven platform tailored for electric vehicle (EV) shoppers, owners, and dealerships. Their core product is a comprehensive suite of services that helps consumers buy, drive, and sell electric cars effectively. By leveraging real-world data, Recurrent provides insights that enhance the value of EV ownership, addressing concerns that potential buyers and current owners encounter. The platform connects electric vehicle owners with dealerships, enabling seamless transactions and facilitating informed decision-making.Recurrent generates revenue through a combination of B2B partnerships and direct-to-consumer transactions. The company employs a subscription model, offering dealerships access to valuable data analytics that help them better serve their customers. Additionally, Recurrent charges fees for connecting EV owners with dealerships when vehicles are bought or sold.In December 2023, Recurrent Motors, Inc. Specific geographic regions targeted for expansion include other parts of North America, with plans to ensure a broader accessibility of their platform by 2024.

Who invested in Recurrent Motors

10 investors across 2 rounds

See all investors in Recurrent Motors

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Dec 22, 2023

    Amount

    $16M

    Investors

    Locked

  2. Seed

    Dec 8, 2020

    Amount

    $3.5M

    Investors

    Locked

Questions about Recurrent Motors

Who invested in Recurrent Motors?

Recurrent Motors has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Recurrent Motors raised?

Recurrent Motors has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Recurrent Motors last raise money?

Recurrent Motors's most recent round on record is a Series A, in Dec 2023.

What does Recurrent Motors do?

Recurrent Motors is a internet company.

Where is Recurrent Motors headquartered?

Recurrent Motors is headquartered in Seattle, US.

Which VCs invest in companies like Recurrent Motors?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Recurrent Motors's stage. Their profiles are linked below.

Raising like Recurrent Motors? Find the right VCs.

Capital Atlas matches your startup to active investors by stage, sector and region.

Free to start. Upgrade when you're ready to reach out.