# Smartcar funding: rounds and investors

> Smartcar has raised $34M across 2 rounds since 2018. Investors include Andreessen Horowitz, New Enterprise Associates and NEA/ Andreessen Horowitz.

Source: https://millionrounds.com/company/smartcar (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Smartcar*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs

Funding summary Updated 26 Oct 2026

**$34M** raised across 2 rounds since 2018, from 2 sources

**$10M** Series A **$24M** Series B

- **Latest round:** Series B, $24M Jan 2022
- **Step-up i:** 2.4×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019 2020 2021 2022

**$10M** Series A

**$24M** Series B

- **First round:** Series A, $10M
- **Biggest round:** $24M
- **Between rounds:** 3.8 years

[**Smartcar** Automotive 1 / 11 Their pitch deck **Smartcar's pitch deck, 11 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/smartcar)

## The rounds

- **Jan 2022** Series B **$24M** *2 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Source recorded
- **Mar 2018** Series A **$10M** *1 new* NEA/ Andreessen Horowitz Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2018 **Series B** 2022 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) NEA/ Andreessen Horowitz

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round

NEA/ Andreessen Horowitz no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=smartcar).

## Also claim to have backed them

This firm lists Smartcar as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Energize Capital](https://millionrounds.com/fund/energize-capital) VC firm Per its own site

## Quick answers about Smartcar

### Who invested in Smartcar?

Smartcar's investors include Andreessen Horowitz, New Enterprise Associates and NEA/ Andreessen Horowitz.

### How much has Smartcar raised?

Smartcar has raised $34M across 2 rounds since 2018.

### When did Smartcar last raise?

Smartcar's most recent round was a Series B of $24M in Jan 2022.

### What was Smartcar's biggest round?

Its most recent round, $24M in Jan 2022, is also its largest on record.

### Who backed Smartcar first?

Smartcar's first round on record, in Mar 2018, was backed by NEA/ Andreessen Horowitz.

### What stage is Smartcar at?

Smartcar's latest named round is a Series B, in Jan 2022.

### Where is Smartcar based?

Smartcar is based in the United States.

## Companies like Smartcar

In the same sector, and raised in the last eighteen months.

[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**American Metal** $1.7M · Oct 2026](https://millionrounds.com/company/american-metal)[**Waymo** $27B · Oct 2026](https://millionrounds.com/company/waymo)[**Flai** $32M · Oct 2026](https://millionrounds.com/company/flai)[**Bloom** $418M · Oct 2026](https://millionrounds.com/company/bloom)[**Simple Energy** $199M · Sept 2026](https://millionrounds.com/company/simple-energy)

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