Recurrent
Facts
- HQ
- United States
- Sectors
- Motor Vehicle Manufacturing
- Founded
- 2020
- Employees
- 31
- Founders
- Scott Case
Seattle Startup Recurrent Raises $16M to Standardize Used EV Battery Scoring on Edmunds and Cars.com
Seattle-based startup Recurrent raised $16 million in Series A funding to become the standard for scoring used electric vehicle (EV) batteries, providing battery health data on major consumer sites like Edmunds.com and Cars.com. The company analyzes data from 25,000 drivers across 65 EV models to offer battery scores for one-third of U.S. used EV sales, aiming to expand its coverage significantly within the year.
Fintech Startup Formations Raises $8M to Simplify Taxes for Freelancers with Focus on Realtors
Bellevue-based fintech startup Formations raised $8 million to simplify tax and paperwork processes for self-employed individuals, initially targeting realtors. The company has served about 700 customers with average savings of $8,000 each and recently partnered with Gusto to expand its services.
Recurrent wins $256,000 NSF Phase 1 SBIR grant to expand battery-data platform, eligible for $1.5M follow-on
Recurrent, a Seattle startup that provides third-party battery health and range reports for used electric vehicles, received a $256,000 NSF Phase 1 SBIR grant and could compete for an additional $1.5 million; the company launched in September, has 11 employees, raised a $3.5M seed round, and is building a large real-world EV range database.
