AlgoDriven logo — Helping the automotive ecosystem identify and price used car...

AlgoDriven

Helping the automotive ecosystem identify and price used cars. Increase your efficiency with our smart insights.

Founded 2018 United Arab Emirates United Arab Emirates 31 employees Seed Total: $2.90M Big Data, Fintech +1

General Information

Company Name AlgoDriven
Founded Year 2018
Location United Arab Emirates United Arab Emirates +4
Employees 31
Industries Big Data, Fintech, Automotive
Funding Stage Seed
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About AlgoDriven

AlgoDriven is a Big Data and Fintech startup, founded in 2018 and based in the United Arab Emirates. The company offers a solution to the automotive ecosystem, providing tools and resources to car dealerships, banks, and insurance companies for increased efficiency in identifying and pricing used cars. At the core of AlgoDriven's offerings is their industry leading vehicle appraisal app, tailored to individual dealership needs, integrating evaluation, price guidance, and wholesale management. The company prides itself on its dynamic team with extensive experience in the automotive industry, focusing on the Australia, New Zealand, and Middle East markets, with offices in these regions.

Recently, AlgoDriven secured a $2.00M Seed Round investment on 07 October 2021, with backing from notable investors including Global Ventures, Spartech Ventures, Driven Capital Partners, Wadi Accelerator, Dtec Ventures, and Automotive Ventures. With a strong value proposition and significant support from key players in the investment landscape, AlgoDriven is well-positioned for further growth and expansion within the automotive data industry.

Taxonomy: Automotive Data, Vehicle Appraisal, Automotive Industry, Car Dealerships, Banks, Insurance Companies, Automotive Software, Vehicle Evaluation, Wholesale Management, Australia Market, New Zealand Market, Middle East Market, Omni-channel Retail, Automotive Apps

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 7
Investor Investor Investor Investor
•••• ••••
07 Oct 2021
Seed Round •••••• 1
Investor
31 Mar 2021
Seed Round •••••• 2
Investor Investor
15 Jul 2019
Seed Round •••••• - 08 May 2018
Pre Seed Round •••••• - 01 Nov 2017

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FAQ About AlgoDriven

Helping the automotive ecosystem identify and price used cars. Increase your efficiency with our smart insights.
AlgoDriven was founded in 2018.
AlgoDriven is headquartered in United Arab Emirates.
AlgoDriven operates in the following industries: Big Data, Fintech, Automotive.
AlgoDriven has approximately 31 employees.
AlgoDriven has completed 5 funding rounds, raising a total of $2.90M. The latest funding stage is Seed.
Top alternatives and competitors to AlgoDriven include Canada Auto Solutions Inc., Motorclean Ltd, Kenny Ross Auto Group, Cox Automotive Europe, Fast Lane Automotive Private Limited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
AlgoDriven and Canada Auto Solutions Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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