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SHEERDRIVE logo — Simplifying Used Cars Transactions with New Age Analytics.

SHEERDRIVE

Simplifying Used Cars Transactions with New Age Analytics.

Founded 2019 India Mumbai, India 102 employees Seed Information Technology

General Information

Company Name SHEERDRIVE
Founded Year 2019
Location India Mumbai, India +1
Employees 102
Industries Information Technology
Funding Stage Seed
Social

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About SHEERDRIVE

SHEERDRIVE is a digital AI/ML pre-owned vehicle platform that aims to simplify used car transactions through new age analytics. The company's flagship product, VIAR, leverages automation to address all procurement and re-marketing needs for both new and used vehicle dealers. With features such as Vehicle Scan and Intelligent Computation, the platform enables accurate vehicle inspection and repair estimates. Founded in 2019 and headquartered in India, Sheerdrive recently secured a Seed Round investment at 08 June 2023 from Inflection Point Ventures. The company's innovative approach to the used vehicle market, coupled with advanced AI/ML technology, positions it as a promising player in the Information Technology industry. With its focus on streamlining processes and providing fair procurement prices, SHEERDRIVE has the potential to disrupt the traditional used car market.

Taxonomy: ML, pre-owned vehicles, digital platform, vehicle inspection, procurement, remarketing, used vehicle program, marketplace, pricing, technology, automotive, data-driven

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1
Investor
08 Jun 2023

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FAQ About SHEERDRIVE

Simplifying Used Cars Transactions with New Age Analytics.
SHEERDRIVE was founded in 2019.
SHEERDRIVE is headquartered in Mumbai, India.
SHEERDRIVE operates in the following industries: Information Technology.
SHEERDRIVE has approximately 102 employees.
SHEERDRIVE has completed 1 funding round. The latest funding stage is Seed.
Top alternatives and competitors to SHEERDRIVE include CARMOOVE, Truckbazi, Jan Japan, ECR Car Retail, Euro Hire Drive. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SHEERDRIVE and CARMOOVE 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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