Sheeva.AI

What Sheeva.AI does

Sheeva.AI (legal entity Parkofon Inc.) is a private vehicle commerce company founded in 2016 and headquartered in Vienna, Virginia, that provides transaction infrastructure for connected vehicles. Its SheevaConnect™ platform combines patented geolocation (SheevaLocate™, accurate to a 2-meter-by-2-meter space), cloud-based geofencing and mapping (SheevaFence™), tokenized contactless payment and wallet services (SheevaPay™ developed with Visa Acceptance Solutions), and contextual service activation (SheevaServ™) to enable drivers to discover, authenticate, and pay for fuel, EV charging, parking, tolls, QSR/drive-thru, curbside pickup, and car wash services directly from their vehicle infotainment screen. Add-on modules include SheevaAds™ (contextual advertising), SheevaInsights™ (analytics), SheevaLMS™ (loyalty), SheevaApp™ (OEM-branded white-labeled apps), and SheevaAssist™ (a GenAI chat assistant).

The company sells primarily to automotive OEMs and Tier 1 suppliers (Stellantis/Citroën, AISIN), fuel and energy retailers (Sunoco across 5,700+ North American stations), EV charge point operators (EV Connect across 50,000+ chargers), and regional payment and ecosystem partners (Visa Acceptance Solutions, P97 Networks, GMO Payment Gateway, Cashfree Payments, Hagiwara Electronics, PLUGO, Nokisaki, VehicleCare, Velocity Logic). Revenue is generated through a mix of enterprise platform licensing, API access and integration services, and per-transaction fees from fueling, EV charging, parking, tolls, and related vehicle commerce flows. Distribution occurs via OEM-embedded IVI integrations, Tier 1 supplier SDKs (AISIN LBS-SDK), direct enterprise field sales, and a growing channel of regional strategic partners across North America, Europe, India, and Japan.

Sheeva.AI operates through three regional subsidiaries (Sheeva Connected India Pvt. Ltd., Sheeva GmbH in Germany, and Sheeva Japan K.K.) and maintains a 40+ person team across three continents. The company has raised approximately $11.9M in disclosed funding across seed, accelerator, and Series A rounds, with the $9.25M Series A in January 2023 led by Reynolds and Reynolds Company. It holds SOC2 Type 2, PCI DSS, and German BSFZ certifications, and has received recognition including Frost & Sullivan's 2024 Global Connected Car Location-based Services Best Practices Award and consecutive Mobile World Congress 4YFN Top 50 Mobility Startup placements in 2024 and 2025.

Name

Sheeva.AI

Legal name

Parkofon Inc.

Website

https://sheeva.ai

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Sheeva.AI provides vehicle commerce transaction infrastructure, using patented geolocation and embedded digital wallets to let drivers pay for fuel, EV charging, parking, tolls, and other services directly from their car infotainment screens, serving automotive OEMs, Tier 1 suppliers, and service providers.

Ownership category

akta.pro rank

Product category

Vehicle Commerce Platform

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Information (51)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370), Transportation Services (4700)

akta.pro primary industry

Fleet, Asset Tracking & Telematics Location Platforms (BPAMANAF)

akta.pro secondary industries

Mobility Data Exchange & Analytics Platforms (MDM, Data Hubs, Insights) (THADALAJ), V2X Message & Data Exchange Platforms (SPaT/MAP, TIM, CAM/DENM Brokers) (TLAJAHAF)

Keywords

• In-vehicle payments
• Vehicle commerce platform
• Connected vehicle payments
• Geolocation payment technology
• Automotive payment APIs

Headquarters

HQ city

Alexandria

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Transaction Processing Fees: Sheeva.AI earns transaction fees for each payment processed through its platform when drivers pay for fuel, EV charging, parking, tolls, and other services from their vehicles. The platform connects drivers, OEMs, merchants, and service providers through a unified vehicle commerce ecosystem.
2. Platform Licensing: Revenue generated from licensing the SheevaConnect™ platform to automotive OEMs and Tier 1 suppliers for integration into vehicle infotainment systems. Open APIs and cloud-based infrastructure allow OEMs to deploy vehicle commerce capabilities with minimal integration effort.
3. API Access and Integration Services: Revenue from providing API access to the SheevaConnect platform and supporting integration with various service providers including EV charging networks, parking operators, and fuel retailers.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Sheeva.AI provides a transaction infrastructure platform for connected vehicles, combining patented precise geolocation technology (accurate to a 2-meter-by-2-meter space), embedded digital wallets, and cloud-based commerce APIs. The platform enables drivers to securely discover, authenticate, and pay for fuel, EV charging, parking, tolls, and other location-based services directly from the vehicle's infotainment screen without leaving the car or using additional hardware.

Product overview

Sheeva.AI offers a platform-plus-modules architecture called SheevaConnect™ that serves as the transaction infrastructure layer for connected vehicles. The core platform combines patented location intelligence (SheevaLocate™), geofencing/mapping (SheevaFence™), payment/wallet services (SheevaPay™), and service activation (SheevaServ™) to enable seamless in-vehicle commerce. Additional modules include SheevaAds™ for contextual advertising, SheevaInsights™ for analytics, SheevaLMS™ for loyalty management, SheevaApp™ for OEM-branded mobile applications, and SheevaAssist™ for GenAI-powered chat assistance. The platform supports multiple vehicle commerce use cases including fueling, EV charging, parking, tolling, QSR/drive-thru, curbside pickup, and car washes. All capabilities are accessible through open commerce APIs enabling integration with automotive OEMs, merchants, and payment providers.

Differentiator

Problem solved

Functional benefit

Brands

• SheevaConnect™: Transaction infrastructure platform for connected vehicles combining patented location intelligence, embedded digital wallets, and open commerce APIs.
• SheevaLocate™
• SheevaFence™
• SheevaPay™
• SheevaServ™
• SheevaAds™
• SheevaInsights™
• SheevaLMSTM
• SheevaApp™
• SheevaAssist™

Products and services

• SheevaConnect™ Platform

Quantifiable outcome

• Up to 30 seconds reduction in typical 3-minute fueling transaction times
• +2 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability6 records

Feature9 records

Partnerships

Nine partnerships are on record, tiered core and flagship.

• GMO Payment GatewaycoreTechnology or Integration · 16 October 2025Strategic collaboration integrating Sheeva.AI's location technology with GMO-PG's online payment platform to enable seamless in-vehicle transactions for fueling and parking in Japan. Enables connected car adoption in Japanese market.
• Cashfree PaymentscoreTechnology or Integration · 8 October 2025Strategic partnership to enable seamless in-vehicle transactions for fuel, parking, tolls, and EV charging in India. Integrates SheevaConnect™ platform with Cashfree's payment processing infrastructure. Builds on 2024 India launch with Stellantis.
• SunocoflagshipStrategic or Co-development PartnerFlagship partnership bringing location-based vehicle payment technology to 5,700+ Sunoco stations across North America. Transforms fuel payments with seamless, secure in-car transactions through SheevaConnect™ platform.
• AISIN CorporationflagshipStrategic or Co-development PartnerTop-ten global Tier One automotive supplier integrating Sheeva.AI payments into their Location-Based Services platform (LBS-SDK). Enables drivers to pay for fuel, parking, EV charging via vehicle IVI screen. Production-ready and being integrated with several OEMs globally.
• EV ConnectcoreTechnology or IntegrationAll-in-one EV charging platform partnership enabling in-car EV charging transactions at over 50,000 chargers across North America. OCPI-based API integration allows one-touch payment via vehicle infotainment.
• Visa Acceptance SolutionscoreTechnology or IntegrationMulti-use tokenization platform using precise vehicle location for in-vehicle payments. Enables secure, frictionless driver experience. First multi-use tokenization platform for in-vehicle payments.
• P97 NetworkscoreTechnology or IntegrationSecure cloud-based mobile commerce and digital marketing solutions for convenience retail and fuels marketing. Enables in-car fueling payments at thousands of gas stations across the U.S.
• Hagiwara Electronics Co. Ltd.coreStrategic or Co-development PartnerLeading Japanese supplier and manufacturer of automotive electronics devices and systems. Strategic partner for Japan market expansion, including launch of Tokyo ecosystem development with dozens of market participants.
• Stellantis NVflagshipOEM/ Whitelabel/ Licensing PartnerTop-10 global automotive OEM with 14 brands. Flagship OEM launch with Citroën C3 Aircross in India (2024) - first location-based platform for in-vehicle payments enabling secure, frictionless customer experience.

Scale indicators6 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Cerence Inc. Cerence is the leading AI platform powering in-vehicle assistants, commerce and payments for global OEMs. It is the most directly comparable peer to Sheeva.AI in the connected-vehicle commerce and AI-for-IVI category, with a similar enterprise OEM GTM and overlapping product surface (in-car assistants, payments integration).
• Xevo (Valeo): Xevo, now part of Valeo, built an in-vehicle commerce and payments platform (Xevo Market) that let drivers order food, find fuel, and pay for parking from the car's head unit. It is one of the closest direct competitors to Sheeva.AI in OEM-embedded v-commerce.
• Airbiquity: Airbiquity provides a connected vehicle services platform (OTAmatic, Choreo) used by global OEMs and Tier 1s to deploy cloud-connected vehicle applications including payments and location-based services. It competes with Sheeva.AI in the same OEM/Tier 1 procurement cycle, though more on the telematics backbone than payments UX.
• ChargePoint: ChargePoint operates one of the largest EV charging networks with an integrated app-based payment experience for activating chargers. As Sheeva.AI moves up the EV charging stack via EV Connect and Plugo partnerships, ChargePoint is a relevant peer on the merchant-network side of in-car EV charging payments.

Broad incumbents

• Mercedes Pay (Mercedes-Benz Mobility): Mercedes Pay is an OEM-native in-car payments service supporting fuel, parking, and charging transactions directly from Mercedes-Benz vehicles. It competes with Sheeva.AI for in-vehicle payments mindshare but only inside the Mercedes-Benz ecosystem rather than as a cross-OEM platform.
• General Motors Marketplace: GM Marketplace is an OEM-native in-car commerce platform embedded in Chevrolet, Buick, GMC, and Cadillac infotainment systems, allowing drivers to find and pay for fuel, parking, food, and hotel services. It is a broad incumbent competing for the same in-car commerce use cases Sheeva.AI targets, though closed to non-GM vehicles.
• Shell EasyPay / Shell Fleet Solutions: Shell EasyPay is a mobile in-car payments app for fuel transactions at Shell stations, often integrated with OEM infotainment (e.g., via SYNC, Android Auto). It is a broad incumbent in in-vehicle fueling payments and a comparable merchant-network analog to Sheeva.AI's Sunoco partnership.
• BPme (BP): BPme is BP's app-based fuel payment and loyalty platform integrated with some OEM infotainment systems. It is a broad incumbent comparable to Sheeva.AI's energy-retailer-facing fueling product from the merchant side of the marketplace.
• Harman Ignite (Samsung): Harman Ignite is a connected vehicle platform from Harman (Samsung) that includes cloud services, analytics, and application delivery for OEMs — including payments and location-based services. It competes with Sheeva.AI for the same Tier 1/OEM software budget line items.

Emerging players

• Otonomo (Otonomo Technologies): Otonomo is a mobility data exchange platform that aggregates and monetizes connected vehicle data for OEMs, insurers, and smart-city players. It overlaps with Sheeva.AI on the vehicle-data-monetization layer (SheevaInsights, SheevaAds) rather than payments UX, making it an adjacent emerging peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCgTP1ZcjfmfvAf_IxV1ucKQ
• LinkedInlinkedin.com/company/sheevaai
• Xx.com/SheevaAI

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds10 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sheeva.AI