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Smartcar provides a unified API platform for connected vehicle data, allowing developers to integrate applications with vehicles. This system facilitates retrieval of vehicle data and signals, and enables commands like remote locking. This approach standardizes secure access to telematics, simplifying interaction with diverse manufacturer systems.
The company was co-founded in 2015 by brothers Sahas Katta and Sanketh Katta. Their insight stemmed from frustrations building mobile applications requiring direct vehicle communication, such as checking an odometer. This experience highlighted a market need for a developer-centric solution to unify connected car functionalities.
Smartcar’s platform serves diverse industries, including energy management, auto services, consumer applications, and vehicle protection. The company's vision is to accelerate innovation by simplifying connectivity within the automotive ecosystem. It empowers businesses to deploy new services, integrating with modern cars and leveraging real-time data.
Smartcar has raised $34.0M across 2 funding rounds.
Smartcar has raised $34.0M in total across 2 funding rounds.
Smartcar is a technology company that builds a leading API platform enabling developers and businesses to connect with vehicles digitally. Their product allows seamless integration with connected cars, providing access to vehicle data and controls that power mobility apps and services across sectors such as electric vehicle (EV) management, insurance, fleet logistics, and vehicle health monitoring. Smartcar serves developers, automakers, energy companies, insurers, and fleet operators, solving the problem of fragmented vehicle data access by offering a unified, consent-driven, privacy-first API that simplifies and accelerates the development of innovative mobility solutions. The company has demonstrated strong growth momentum by expanding support to over 40 vehicle brands and 175 million vehicles globally, continuously enhancing its platform with faster data delivery and EV-specific features[2][3][4].
Smartcar was founded by Sahas Katta and Sanketh Katta, who brought backgrounds in software engineering and a vision to unlock freedom of movement for everyone by bridging the gap between vehicles and digital services. The idea emerged from recognizing the challenges developers faced accessing vehicle data due to proprietary manufacturer systems. Early traction came from building trust with automakers and developers through transparent, ethical data practices and delivering a developer-friendly API that transcended traditional automotive data silos. This foundation enabled Smartcar to evolve from a startup into a key enabler of connected mobility innovation[2][3].
Smartcar rides the accelerating trend of connected vehicles and smart mobility, where digital integration is transforming transportation. The timing is critical as electric vehicles proliferate and mobility services expand, creating demand for interoperable, scalable vehicle data solutions. Market forces such as regulatory pushes for sustainability, rising consumer expectations for seamless mobility experiences, and the growth of shared and on-demand transportation favor Smartcar’s API platform. By enabling developers and businesses to build innovative mobility applications, Smartcar influences the ecosystem by fostering interoperability, enhancing data accessibility, and promoting privacy-conscious connectivity in automotive technology[2][3][5].
Looking ahead, Smartcar is poised to deepen its impact by expanding support for new vehicle models and brands, enhancing EV-specific capabilities, and delivering faster, more reliable data services. Trends shaping its journey include the electrification of transportation, increased demand for data-driven insurance and fleet management, and the rise of mobility-as-a-service (MaaS). Smartcar’s influence is likely to grow as it continues to empower developers and businesses to create smarter, more sustainable, and user-centric mobility solutions, reinforcing its mission to unlock freedom of movement for everyone through technology[3][4][5].
Smartcar has raised $34.0M in total across 2 funding rounds.
Smartcar's investors include Crosslink Capital, Eclipse Ventures, Greg Papadopoulos, New Enterprise Associates, Renegade Partners, Trucks Venture Capital.
Smartcar has raised $34.0M across 2 funding rounds. Most recently, it raised $24.0M Series B in January 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2022 | $24.0M Series B | Crosslink Capital, Eclipse Ventures, Greg Papadopoulos, New Enterprise Associates, Renegade Partners, Trucks Venture Capital | |
| Feb 1, 2018 | $10.0M Series A | Crosslink Capital, Eclipse Ventures, Greg Papadopoulos, New Enterprise Associates, Renegade Partners, Trucks Venture Capital |