Tech Company Financing Transactions
Recurrent Funding Round
Recurrent secured a $3.5 million funding round on 12/10/2020. Backers included AAA Washington, Ascend Venture Group and Pioneer Square Labs.
Transaction Overview
Company Name
Announced On
12/10/2020
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company said it will use the money to invest in continued product development as it refines its third-party condition reports for used electric vehicle shoppers and battery analytics stats for current electric vehicle owners.
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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Prev: 12/10/2020: Brightflag venture capital transaction
Next: 12/10/2020: HealNow venture capital transaction
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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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