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
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
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Funding History
Feb 2026
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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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