Recurrent Analysis: $16M Raised
What is Recurrent?
Recurrent provides real-world data insights for electric vehicles, utilized by 30,000 electric car owners and dealerships across the United States. The company analyzes millions of miles driven each week to offer insights on battery health and performance, helping users make informed decisions about buying, selling, and understanding electric vehicles.
Employees
11-50
Founded
2018
Industry
Data Analytics, Mobility Tech, Climate Tech
Valuation
$1.6M
Latest Funding Amount
$16,000,000
Latest Funding Round Size
$16.0M
Selfserve Signup
Yes
Product Features & Capabilities
- Ongoing EV insights through car connectivity
- EV selling services for top dollar
- Data analysis on battery performance
- Tools for dealerships to retail EVs
Use Cases
Connect vehicles for ongoing battery health insights; Sell electric cars with expert valuation; Analyze charging patterns for better purchasing decisions; Provide dealerships with retail tools for EVs; Help owners understand battery performance over time
How much Recurrent raised
Funding Round - $16.0M
RecentOther Considerations
Serves 30,000 electric car owners and dealerships; Provides insights based on millions of real-world miles; Recognized for expertise in EV battery analysis
Gtm Strategy
Recurrent employs a product-led growth strategy, emphasizing self-service access to ongoing EV insights and educational resources. Their website encourages users to connect their vehicles for immediate insights, indicating a focus on rapid user adoption. The pricing structure is transparent, promoting value without requiring direct sales contact, which aligns with PLG principles. The lack of explicit customer testimonials suggests a reliance on the product's inherent value to drive adoption rather than structured enterprise sales cycles.
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