Recurrent is a startup that is revolutionizing the way used electric cars are bought and sold in the United States. Founded in 2020, the company's slogan, "Used electric cars are not measured in miles," reflects its mission to provide consumers with accurate and reliable information about the battery and range of used EVs. Recurrent's platform, available at https:\/\/www.recurrentauto.com, offers in-depth battery and range reports to ensure transparency and peace of mind for electric car buyers and sellers.
The latest milestone for Recurrent is its $16.00M Series A investment secured on 08 January 2024. This significant funding round was backed by a diverse group of investors, including ArcTern Ventures, Wireframe Ventures, Goodyear Ventures, Automotive Ventures, and Pioneer Square Labs.
With the growing demand for sustainable transportation solutions, Recurrent's innovative approach to the automotive industry positions it as a promising player in the EV market. The recent investment not only validates the potential of Recurrent but also signifies the confidence that established venture capital firms have in the company's vision and capabilities.
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