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Recurrent
The Best Way to Buy Used Electric Cars
About Recurrent
RecurrentAuto.com is a startup focused on providing transparency and confidence in the used electric vehicle (EV) market. The company addresses a significant concern for potential EV buyers and sellers: the health and longevity of the vehicle's battery. Recurrent offers detailed battery reports for used electric cars, leveraging data from 15,000 active vehicles. These reports help buyers understand the condition of an EV's battery, which can be affected by factors like temperature, age, charging habits, driving style, and battery chemistry.
Recurrent serves a diverse clientele, including individual EV owners, potential buyers, and specialist EV dealers in the United States. The company operates in the clean technology sector, specifically focusing on electric vehicles and their batteries. Its business model revolves around providing free and premium battery reports, which are essential for anyone looking to buy, drive, or sell a used EV.
The startup makes money by offering premium battery reports and connecting EV owners with specialist buyers who are willing to pay more for vehicles with well-maintained batteries. This not only helps sellers get better offers but also ensures buyers can make informed decisions without the fear of unexpected battery issues.
Recurrent's mission is to create a world where anyone can confidently buy a used EV without worrying about battery degradation. By providing automated battery insights and monthly EV market reports, Recurrent aims to eliminate the "range anxiety" associated with used electric cars.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Seattle, United States
- Employees
- 32
- Open positions
- None listed
- Dealroom signal
- 63.6/100
- Industry
- Energy, Transportation
- Sector
- Transportation, Sustainable Development Goals, Climate Tech, Hard Tech
- Business model
- SaaS
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jan 2024 | $16M | $64M | ArcTern Ventures · Goodyear Ventures · Automotive Ventures · Wireframe Ventures | — |
| EARLY VC✓Equity / VC | Apr 2022 | $4.5M | $18M | AAA · Hearst Ventures · Pioneer Square Ventures · MAP Investco | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Recurrent is 240K monthly website visits, up 9.1% over the last three months. Recurrent's team declined 5.9% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
Powerhouse Ventures
AAA
Cercano Management
Prelude Ventures
Wireframe Ventures
Pioneer Square Ventures
Ascend VC
Series A10 investors entered at this stage
Hearst Ventures
MAP Investco
Circumference Group
Avesta
Automotive Ventures
EnerTech Capital
E8 Angels
Goodyear Ventures
ArcTern Ventures
Pioneer Square Labs
Other known investors4 additional known investors
Avesta Fund- FVFitch Ventures
Hearst
Paul Straub
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Recurrent on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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