AlgoDriven
AcquiredAutomotive AI to Appraise, Inspect & Price Used Cars
Dubai, United Arab Emirates · Founded 2017 · $2.0M raised
- Headquarters
- Dubai
- Founded
- 2017
- Business Model
- B2B
- Website
- algodriven.xyz
- Total Funding
- $2.0M
- Last Round
- $2.0M Series AJan 2021
- Rounds
- 1
- Acquisition Date
- Feb 2026
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
AlgoDriven is a Dubai-based automotive AI and data platform that helps car dealers, banks, insurers, and vehicle marketplaces appraise, inspect, and price used cars using real-time data intelligence. Its flagship product, EvalExpert, delivers instant VIN-specific vehicle valuations, AI-guided condition reports with repair-cost estimates, and market-driven pricing recommendations built on proprietary data covering the GCC region since 2012. AlgoDriven's tools are used by dealerships, banks, insurance brokers, and marketplaces across Australia, New Zealand, Southeast Asia, and the MENA region; the company was acquired by San Francisco-based Emergence Software in an all-cash deal in 2026.
Summary
AlgoDriven is an Artificial Intelligence company based in Dubai, United Arab Emirates, founded in 2017. It has raised $2.0M in total across 1 round, most recently a $2.0M Series A round in Jan 2021. Investors include Emergence Capital, Global Ventures and Automotive Ventures.
Tech & App Stack
5 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding & Exit History
Feb 2026
Sign up to see all 2 events
Funding: Series A. Amounts, valuations, and investors where available.
Investors
Similar Companies
OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artifi...
Databricks provides a unified data and AI platform that helps enterprises build and run applicati...
ByteDance is a Chinese technology company that utilizes AI to distribute content based on users' ...
Genesys empowers more than 8,000 organizations worldwide with Genesys Cloud, an agentic AI experi...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/algodriven"><img src="https://indexed.vc/api/badge/company/algodriven" alt="AlgoDriven on Indexed.vc" width="260" height="76" /></a>