Recurrent, founded in 2020, operates at the intersection of the Energy, Transportation, and Automotive industries. The company is headquartered in the United States and has quickly established itself as a vital player in the growing electric vehicle (EV) market.
With its slogan, "Unlock EV trust and value with real-world data," Recurrent emphasizes its core mission to enhance consumer confidence and optimize the value of EVs. Demonstrating significant market traction, the company is trusted by over 30,000 electric car owners and dealerships daily.
In a testament to its potential, Recurrent recently secured a $16.00M Series A investment on 01 January 2024. The investment round featured notable participants like Pioneer Square Labs Ventures, ArcTern Ventures, Wireframe Ventures, Goodyear Ventures, and Automotive Ventures, underscoring strong investor confidence in its business model and growth prospects.