Smartcar

SoftwareSeries BMountain View, USsmartcar.com

Latest round

Series B

Last raised

Jan 2022

Total raised

$36M

Investors

3

About Smartcar

Smartcar, Inc.Smartcar, Inc. was founded in 2015 and is headquartered in Mountain View, US. The company provides a vehicle API that connects mobility applications with connected vehicles. The founders, Sahas Katta and Sanketh Katta, have a history of innovation in the tech industry.Smartcar operates as a comprehensive car API platform that integrates mobility applications and services with connected vehicles. The company's core product offerings revolve around its vehicle API, allowing businesses to access vehicle data, manage electric vehicle (EV) charging, issue digital car keys, track fleets, and more. These services cater to clients including energy retailers, e-mobility service providers, auto dealerships, and car-sharing platforms, focusing on enhancing user experiences for vehicle owners and operators.Smartcar generates revenue through a subscription-based model, with clients paying for access to its vehicle API and associated services. The client base consists of utility companies, automotive businesses, and mobility service providers who utilize Smartcar's capabilities for various applications.S. and accelerate its entry into the European market. The company aims to enhance its platform by introducing new vehicle telemetry APIs and increasing compatibility with a broader range of car brands. These growth initiatives reflect Smartcar's commitment to meeting the evolving needs of the mobility sector.

Who invested in Smartcar

3 investors across 3 rounds

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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 B

    Jan 19, 2022

    Amount

    $24M

    Investors

    Locked

  2. Series A

    Mar 1, 2018

    Amount

    $10M

    Investors

    Locked

  3. Seed

    Jan 1, 2015

    Amount

    $2M

    Investors

    Locked

Questions about Smartcar

Who invested in Smartcar?

Smartcar has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Smartcar raised?

Smartcar has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Smartcar last raise money?

Smartcar's most recent round on record is a Series B, in Jan 2022.

What does Smartcar do?

Smartcar is a software company.

Where is Smartcar headquartered?

Smartcar is headquartered in Mountain View, US.

Which VCs invest in companies like Smartcar?

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

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