Sheeva.AI provides a cross-platform in-car payments solution that utilizes patented geolocation algorithms to enable precise location-based services for drivers. This technology facilitates seamless transactions for fuel, parking, and other services directly through the vehicle's infotainment system, enhancing the overall driver experience without the need for additional apps or infrastructure.
Funding
$11.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
LCPTPPRAFounders
Product
Problem
Drivers currently lack a unified and secure method for handling payments across various in-vehicle services, leading to reliance on multiple apps, physical cards, and cumbersome manual processes. This fragmented approach creates friction, increases distraction, and complicates the overall driving experience.
Solution
Sheeva.AI offers a cross-platform, location-based services and payments solution designed to streamline the driver experience. By embedding its patented geolocation algorithms directly into the vehicle's operating system, Sheeva.AI enables precise, real-time contextual triggers for a variety of services, including fuel, EV charging, parking, tolls, drive-thru, and curbside pickup. The platform's simple APIs and embedded digital wallet facilitate secure, one-touch activation and payment for these services directly through the vehicle's infotainment system, eliminating the need for additional apps or hardware. Sheeva.AI's technology enhances convenience, reduces driver distraction, and provides valuable consumer insights for retailers and OEMs.
Target Audience
Sheeva.AI targets automotive OEMs, Tier 1 automotive suppliers, and retailers (fuel, EV charging, parking, QSR, etc.) seeking to enhance the connected car experience and monetize driver services.
Features
- Patented SheevaLocate™ software for highly accurate vehicle location (down to 2 meters) embedded in the car's OS
- SheevaFence™: cloud-based platform and APIs for geofencing and point-of-sale localization
- SheevaPay™: cloud-based platform for contactless payment and wallet services with multi-use tokenization
- SheevaServ™: cloud-based platform to activate nearby contextual services like gas pumps, EV chargers, and parking meters
- One-touch activation and payment via the vehicle's infotainment screen
- Digital wallet for secure in-vehicle transactions
- API integration for seamless embedding into vehicle infotainment systems
- Real-time, precise location and contextual triggers