Tech Company Financing Transactions

Smartcar Funding Round

Energize Ventures, Andreessen Horowitz and New Enterprise Associates participated in a $24 million Series B funding round for Smartcar. The funding round closed on 1/27/2022.

Transaction Overview

Company Name
Announced On
1/27/2022
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Investors

Energize Ventures (Lead Investor) (John Tough)

Andreessen Horowitz (William Krause)

New Enterprise Associates (Forest Basket)

Proceeds Purpose
Smartcar will leverage this new funding to further grow its U.S. operations and accelerate its expansion to the European market.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
1001 N Rengstorff Ave. 200
Mountain View, CA 94043
USA
Email Address
Overview
Smartcar automatically begins cooling or heating your vehicle early to reach the desired target temperature by the configured time.
Profile
Smartcar LinkedIn Company Profile
Social Media
Smartcar Company Twitter Account
Company News
Smartcar News
Facebook
Smartcar on Facebook
YouTube
Smartcar on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sahas Katta
  Sahas Katta LinkedIn Profile  Sahas Katta Twitter Account  Sahas Katta News  Sahas Katta on Facebook
Chief Technical Officer
Sanketh Katta
  Sanketh Katta LinkedIn Profile  Sanketh Katta Twitter Account  Sanketh Katta News  Sanketh Katta on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/27/2022: Verica venture capital transaction
Next: 1/27/2022: Chatdesk venture capital transaction

 

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About Database of VC Transactions

We do our best to report on all VC transactions involving tech companies. All VC database entries on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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