Tech Company Financing Transactions
Recurrent Funding Round
Recurrent closed a $16 million Series A venture capital round on 1/8/2024. Backers included ArcTern Ventures, Automotive Ventures and Goodyear.
Transaction Overview
Company Name
Announced On
1/8/2024
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
ArcTern Ventures (Lead Investor)
Wireframe Ventures (Paul Straub)
Proceeds Purpose
The company will use the funding to expand its footprint to cover over half of all used EV sales.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
Seattle, WA 98101
USA
Seattle, WA 98101
USA
Phone
Undisclosed
Website
Email Address
Overview
Recurrent provides car dealers and private party buyers with vehicle reports for used electric cars. By providing more transparency and confidence in pre-owned electric car transactions, we will accelerate the overall adoption of electric vehicles. This is key to reducing the 20% of U.S. carbon emissions that are currently produced by light-duty combustion engine vehicles.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Case
Chief Technical Officer
Kyle Rippey
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. All VC database entries reported here come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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