Startup profile for Smartcar: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Smartcar funding, valuation and investors

Unified API connecting apps to vehicle telematics across OEM brands.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series B

$24M · January 2022

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$24M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

series b · Mountain View, CA

Investors in latest funding

Lead: Energize Ventures

Other: Andreessen Horowitz , NEA

Sources: latest funding Last verified: 2026-07-25

Overview

Smartcar provides a REST API that lets developers access vehicle data — location, odometer, fuel/battery level, charge status — across multiple car brands with owner consent. Insurtech, EV charging, fleet, and car-sharing apps use Smartcar to avoid building separate integrations for each OEM telematics stack. Founded in 2014 in Mountain View, Smartcar raised a $24M Series B in January 2022 led by Energize Ventures with Andreessen Horowitz and NEA participating. The company competes with OEM-native APIs and fleet telematics vendors but wins on cross-brand coverage and developer experience.

Why Smartcar is interesting

Smartcar normalizes messy OEM APIs for insurtech and EV apps — a16z invested through a $24M Series B led by Energize Ventures.

Product & use cases

Smartcar's API abstracts OEM telematics into one integration — OAuth for vehicle owners, standardized endpoints for apps building insurance, charging, fleet, or mobility products.

  • Usage-based insurance programs reading odometer and driving patterns
  • EV charging apps showing battery level and routing
  • Fleet management dashboards across mixed-brand vehicle pools

Key facts

  • Series B (Jan 2022): $24M led by Energize Ventures; a16z and NEA participated (Smartcar blog)
  • API connects apps to vehicle telematics across OEM brands with owner OAuth
  • Customers include insurtech, EV charging, fleet, and mobility apps
  • Founded 2014 in Mountain View, CA

Funding history (newest first)

Series B

2022-01 $24M

Source: https://smartcar.com/blog/smartcar-series-b-funding

Investors in our directory

Funds linked from Smartcar's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz New Enterprise Associates (NEA)

Competitive landscape

Edge: Cross-OEM normalization saves months of per-brand integration work — Smartcar's moat is compatibility breadth and developer docs.

OEMs increasingly expose APIs, which could commoditize aggregators. Smartcar must stay ahead on brand coverage, consent UX, and reliability SLAs that app developers will pay for.

  • High Mobility direct

    Vehicle data API platform for similar use cases in Europe.

  • OEM direct APIs (Ford, Tesla, etc.) incumbent

    Free but fragmented; each brand requires separate engineering.

  • Geotab / fleet hardware adjacent

    Hardware-first fleet telematics; less consumer OAuth model.

Notable stories

  • Smartcar survived the 'kill your app' era when OEMs threatened to close APIs — Series B capital funded broader brand coverage as EV and UBI apps multiplied (Smartcar blog, 2022).

Industries

Enterprise SaaS Infrastructure & Cloud

Related funding articles

Venture Capital Tracker pieces that cover Smartcar's financing or category context.

FAQs about Smartcar

Practical answers founders, operators, and investors typically search for.

Smartcar provides an API for apps to access vehicle data (location, odometer, EV charge status) across car brands with owner permission.
Energize Ventures led the $24M Series B; Andreessen Horowitz and NEA participated. See /fund/andreessen-horowitz and /fund/new-enterprise-associates.
January 2022 — $24M (Smartcar blog).
Insurtech (usage-based insurance), EV charging, fleet management, and car-sharing apps — check smartcar.com/customers.
Smartcar is cloud API / consumer consent for mixed fleets; Geotab often uses installed hardware for commercial fleet tracking.
Smartcar supports multiple brands; supported vehicle list changes — verify on Smartcar's compatibility docs.
Not publicly disclosed; venture-backed API infrastructure company.
Mountain View, California.
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By Venture Capital Tracker

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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.