Smartcar Raises $24M in Series B Funding
- Smartcar Inc., a Mountain View CA-based provider of an API developer platform for connected vehicles, raised $24M in Series B funding
- The round was led by Energize Ventures with participation from Andreessen Horowitz (a16z) and New Enterprise Associates (NEA)
- In conjunction with the funding, John Tough, managing partner at Energize Ventures, joined company’s board
- Co-founded by Sahas and Sanketh Katta, the company is a developer platform for mobility businesses
- From auto insurance and car sharing to EV charging and fleet management, businesses of all kinds use the company’s APIs to integrate their apps and services with vehicles
