Smartcar, Inc.

Last updated
Smartcar, Inc.
FoundedJanuary 2015
FounderSahas Katta, Sanketh Katta
HeadquartersMountain View, California
Area served
United States
Number of employees
50 (2022)
Website smartcar.com

Smartcar, Inc. is a software company based in Mountain View, California. [1] It allows software developers to locate, unlock, and read data from vehicles using an API. [2] [3]

Contents

History

Smartcar was founded in 2014 by Sahas and Sanketh Katta. [4] [5] In December 2014, the company raised $2 million in seed funding led by Andreessen Horowitz. [6] [7] In March 2018, the company announced a series A round of $10 million led by New Enterprise Associates (NEA) with participation from Andreessen Horowitz. [8] [9]

In July 2018, Smartcar emerged from stealth and launched documentation and SDKs for integrating Smartcar’s API into mobile apps and web applications. [10] [11] [12]

In April 2019, Smartcar accused rival startup Otonomo of API plagiarism. [3] [13] [14]

As of June 2020, venture capitalists Forest Baskett (NEA) and William Krause (Andreessen Horowitz) were serving on Smartcar’s board of directors. [15] [16]

In January 2022, the company announced a Series B round of $24 million with John Tough of Energize Ventures joined the board of directors along with NEA and a16z reinvesting.

API

Smartcar’s API can be integrated into mobile and web applications. [17] The app requires the user to agree to share specific vehicle telematics information with the mobile or web application which, according to Smartcar, allows the user to locate and unlock the vehicle, check its mileage, fuel level and electric-vehicle battery remotely from the application without the need for an on-board diagnostics device. [18] [19] Smartcar’s customers include Samsung SmartThings, Turo, the state of Utah, and Aventi. [18] [19] [20] [21] [22] In August 2020, Smartcar and Canadian firm Pitstop entered into a partnership to create hardware-free maintenance tracker for fleet vehicles. [23]

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References

  1. ↑ "Smartcar". CB Insights. CB Insights. Retrieved 24 November 2021.
  2. ↑ Kosche, Charlotte. "Smartcar". ProgrammableWeb. Retrieved 2020-06-26.{{cite web}}: CS1 maint: url-status (link)
  3. 1 2 "Smartcar accuses $50M-funded rival Otonomo of API plagiarism". TechCrunch. Retrieved 2020-06-26.
  4. ↑ "Smartcar Company Profile: Valuation & Investors | PitchBook". pitchbook.com. Retrieved 2020-06-26.
  5. ↑ Krause, Bill (2018-03-08). "Smartcar". Andreessen Horowitz. Retrieved 2020-06-26.
  6. ↑ "Smartcar". AngelList.{{cite web}}: CS1 maint: url-status (link)
  7. ↑ Hernbroth, Megan. "This pitch deck convinced Andreessen Horowitz to invest in unusual autonomous driving technology. See why the legendary firm led Smartcar's $2 million seed round". Business Insider. Retrieved 2020-06-26.
  8. ↑ Davis, Alexander (2018-03-01). "A Connected-Car Platform Fuels Its Tank With NEA, Andreessen". Wall Street Journal. ISSN   0099-9660 . Retrieved 2020-06-26.
  9. ↑ "Top of the Morning". Axios. Retrieved 2020-06-26.
  10. ↑ Katta, Sahas (2018-07-18). "Smartcar: The car API for developers · Smartcar blog". smartcar.com. Retrieved 2020-06-26.
  11. ↑ "Integrate Smartcar Connect · Plan your integration · Smartcar docs". smartcar.com. Retrieved 2020-06-26.
  12. ↑ Harris, Richard. "Creating connected car apps just got easier". App Developer Magazine. Retrieved 2020-06-26.
  13. ↑ "Startup Smartcar Claims Otonomo Stole its Intellectual Property". www.digitaltrends.com. 23 April 2019. Retrieved 2020-09-28.
  14. ↑ Solomon, Shoshanna. "US startup Smartcar accuses Israeli rival Otonomo of plagiarism". www.timesofisrael.com. Retrieved 2020-09-28.
  15. ↑ "BRIEF-Smartcar Announces $10M Series A Funding From NEA And a16z". Reuters. 2018-03-01. Retrieved 2020-06-26.
  16. ↑ "Smartcar | NEA | New Enterprise Associates". www.nea.com. Retrieved 2020-06-26.
  17. ↑ "Smartcar raises $10 million from NEA and Andreessen Horowitz for developers to build apps for connected cars". VentureBeat. 2018-03-01. Retrieved 2020-06-26.
  18. 1 2 "Samsung's SmartThings app will soon connect to your car too". Engadget. Retrieved 2020-06-26.
  19. 1 2 Krok, Andrew. "Turo's Smartcar partnership brings wireless locking, unlocking to P2P car sharing". Roadshow. Retrieved 2020-06-26.
  20. ↑ Gitlin, Jonathan M. (2020-01-03). "To replace gas taxes, Oregon and Utah ask EVs to pay for road use". Ars Technica. Retrieved 2020-06-26.
  21. ↑ "Introducing RUC to Norway". Traffic Technology Today. 2020-02-10. Retrieved 2020-06-26.
  22. ↑ "Samsung SmartThings app will soon offer Smartcar integration". SlashGear. 2020-01-09. Retrieved 2020-09-28.
  23. ↑ Janssen-6, Allan (2020-08-24). "Smartcar and Pitstop partner on fleet maintenance solution". Auto Service World. Retrieved 2020-09-28.
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