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Sheeva.Ai Announces Techstars Follow-On Investment And Italy'S Ventureup Award 2021

Oct 20, 2021•over 3 years ago
Alexandria

Description

Sheeva.AI today announced it has closed a follow-on investment from Techstars to accelerate adoption of its connected vehicle technology and Open API platform for the automation of location-based services and in-car payments. Sheeva.AI is an alum of Techstars Smart Mobility accelerator program 2020 (Turin, Italy).

Company Information

Company

Sheeva.Ai

Location

Alexandria, Alexandria, Egypt

About

Sheeva.AI provides a flexible, low-cost platform that uses precise (< 2-meter accuracy) geolocation of connected vehicles – even in deep urban canyons – to enable contactless, automatic payments in the cloud. Sheeva.AI's platform integrates via open APIs to enable payments and automation for services like fuel, charging, toll payment, parking, curbside pick-up, and more. Unlike most Vehicle Location-Based Services (VLBS) systems, Sheeva.AI provides a low-cost and highly flexible way to enable vehicle-based payments and services extensible to existing mobile apps, in-vehicle apps, and location-based services without the need for new architecture or expensive hardware deployments.