CarDr.com is a Chicago, IL-based provider of an AI-powered used car inspection solution serving lenders, dealers, and buyers. The company is led by founder and chairman Parry Singh. Its core product is a proprietary On-Board Diagnostic (OBD) scanner that pulls 300+ vehicle diagnostic data points. That data is used to generate a comprehensive vehicle inspection report and a reliability rating to give a clearer picture of vehicle health and valuation. In December 2020 the company raised $5M in seed funding led by Red Fort Capital. CarDr.com plans to use the proceeds to expand operations and broaden its business reach.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2020