Sheeva.AI is a technology company.
Sheeva.AI has raised $1.1M across 2 funding rounds.
Sheeva.AI has raised $1.1M in total across 2 funding rounds.
Sheeva.AI has raised $1.1M in total across 2 funding rounds.
Sheeva.AI's investors include Conscious Venture Lab.
Sheeva.AI is a technology company developing an in-car payments and commerce platform that enables seamless, location-based transactions for drivers without leaving their vehicle.[1][3] Its SheevaConnect™ suite powers vehicle commerce ("v-commerce") for services like fueling, EV charging, parking, tolls, curbside pickup, and drive-throughs, serving drivers, automotive OEMs, and service providers while solving fragmented payment and service activation processes.[1][2][3] The platform uses patented precise geolocation (sub-2-meter accuracy), open APIs, and an embedded digital wallet to automate detections and payments via the vehicle's infotainment screen or OEM app, driving growth through real-world scaling and partnerships post-2020 Techstars accelerator.[2][5]
With over 40 employees across three continents, Sheeva.AI aggregates in-vehicle services into a default platform, unlocking revenue via contextual ads, personalized offers, and white-labeled solutions for partners.[1][3]
Founded in 2016 by Evgeny Klochikhin, a data science and technology management expert, Sheeva.AI emerged from his insight into monetizing vehicle location-based services amid rising connected car adoption.[2][5] Based in Alexandria, Virginia, the company addressed pain points in mobility like manual payments at pumps or chargers, leveraging Klochikhin's background to patent algorithms for automated, precise geolocation.[2]
A pivotal moment came in 2020 with the Techstars Smart Mobility Accelerator in Turin, Italy, where Sheeva.AI tested its low-cost, cross-platform tech on real roads, accelerating validation and scaling after five years of development.[2] The leadership team, drawing decades of automotive, mobility, data, and vehicle services experience, has since expanded operations globally.[1]
Sheeva.AI rides the connected vehicle and smart mobility wave, capitalizing on rising EV adoption, autonomous testing, and in-car infotainment proliferation amid smart city infrastructure growth.[2][5] Timing aligns with post-2020 acceleration in v-commerce, where fragmented roadside services (fueling, charging, parking) demand unification—Sheeva's sub-2m geofencing and APIs fill this gap, enabling OEMs to embed commerce natively.[1][4]
Market forces like electrification (EV chargers), urbanization (tolls/parking), and data-driven personalization favor it, with global mapping across U.S., Europe, Japan, and India positioning Sheeva as an aggregation layer.[1][5] It influences the ecosystem by powering next-gen models for providers (loyalty/rewards via tokenization) and fraud-secure transactions, bridging automotive, payments, and retail.[2][5]
Sheeva.AI is poised to dominate v-commerce as vehicles become digital hubs, with next steps focusing on broader OEM integrations, global expansions, and hardware-agnostic deployments amid EV/smart city booms.[1][2][5] Trends like AI-driven personalization, tokenization for loyalty, and autonomous vehicle testing will amplify its platform, potentially evolving it into the standard in-vehicle wallet.[3][4]
As connected cars scale, Sheeva's precise location tech will redefine driver convenience, turning every trip into a monetized, seamless commerce opportunity—solidifying its role as the future of vehicle-based transactions.[1][3]
Sheeva.AI has raised $1.1M across 2 funding rounds. Most recently, it raised $1.0M Seed in November 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2021 | $1.0M Seed | Conscious Venture Lab | |
| Jan 1, 2020 | $120K Seed |