What AiCar does

AiCar (주식회사 아이카) is a South Korean connected-car platform services company founded in 2016 and headquartered in Seongnam-si, Gyeonggi Province. The company builds a cloud-based platform on a microservice architecture that ingests vehicle telematics and BMS (Battery Management System) data and applies AI-driven analytics to deliver three product lines: AiNET, a corporate fleet management SaaS providing reservation, smart-key access, admin dashboard, and automated driving-report generation for company vehicle pools; myEVLog, a consumer-facing mobile app for EV owners offering real-time battery state-of-charge (SOC) and state-of-health (SOH) monitoring, charge history logging, phantom-drain detection, and AI-predicted remaining range and battery performance; and an EV Battery Data Store that sells fully anonymized BMS datasets covering 13 Hyundai, Kia, and Chevrolet EV models to research institutions, with 58 data variables captured at 2-second intervals from a base of 585-626 vehicles per month since March 2023. AiCar monetizes through subscription SaaS fees (AiNET, myEVLog), data-monetization sales (Data Store), and bundled Supermicro server hardware sales to data buyers.

Underlying technology includes AI-based predictive models for future battery residual value and driving range, computer vision for dashcam-based traffic signal and lane violation detection, and anomaly detection for unauthorized personal use of company vehicles and fuel-waste driving patterns. The company holds four registered connected-car patents and four pending applications spanning charging fee billing, battery residual value forecasting, used EV battery history sales, and telematics/BMS-based range prediction. AiCar is privately held, operates exclusively in South Korea, and has raised approximately 500 million KRW (~$375K USD) from Dongmoon Partners in 2020; its primary customers to date include Seongnam City Hall, Korea Electric Power Corporation (KEPCO) Research Institute, GS M BIZ, and Green Car, supplemented by a long tail of individual EV owners using myEVLog.

Name

AiCar

Legal name

주식회사 아이카

Website

https://ai-car.co.kr

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

AiCar is a South Korean cloud-based connected-car platform that provides AI-driven corporate fleet management (AiNET), consumer EV battery monitoring and range prediction (myEVLog), and anonymized BMS data sales to research institutions, serving enterprise fleet operators, EV owners, and battery analytics buyers.

Ownership category

akta.pro rank

Product category

Connected Car / Automotive Telematics Software

akta.pro primary industry

Video Telematics, ADAS & AI Dashcams (TLAEAFAG)

akta.pro secondary industries

Video Telematics & AI Dashcams (TLAEANAA), End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)

Keywords

• Connected car platform
• EV battery management
• Fleet management software
• Automotive telematics
• Battery data analytics

Headquarters

HQ city

Daebang

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. EV Battery Data Sales: AiCar collects EV battery telemetry via its myEVLog service and sells fully anonymized BMS data to research institutions, automotive companies, and battery analytics firms. Data covers 2023–present, 13 EV models from Hyundai, Kia, and Chevrolet.
2. AiNET Fleet Management Subscription: Corporate fleet management SaaS providing reservation and smart key (AiNET), admin dashboard, and automated driving report generation. Sold on a subscription basis to corporate fleet operators.
3. myEVLog App: EV battery management app for individual EV owners providing real-time battery status monitoring, charge history, driving range prediction, and battery health ranking services.
4. Server Hardware Sales: EV data purchasers are offered Supermicro servers at competitive prices as part of a bundled offering for data processing infrastructure.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

AiCar operates a cloud-based connected car platform that connects vehicles and mobility devices to the internet to collect and analyze data for operation monitoring, performance prediction, and remote control. It delivers three product lines: AiNET for corporate fleet management with smart key reservations and automated driving reports; myEVLog for EV battery status monitoring and AI-powered performance/range prediction for individual EV owners; and an EV Battery Data Store selling anonymized BMS telemetry to research institutions and automotive firms.

Product overview

AiCar operates as a cloud-based connected car platform provider offering three main products: AiNET (아이넷) for corporate fleet management with smart key access and automated reporting; myEVLog (마이이브이로그) for EV battery status monitoring and AI-powered performance/range prediction; and the EV Battery Data Store for selling anonymized EV battery data to researchers and businesses. The platform connects vehicles to the internet to collect and analyze data for operation monitoring, performance prediction, and remote control.

Differentiator

Problem solved

Functional benefit

Brands

• AiNET: 법인차량 관리 솔루션 - Smart fleet vehicle sharing and management service for corporate vehicles
• myEVLog
• Data Sales

Products and services

• AiNET A corporate fleet vehicle management SaaS providing smart-key based reservation and sharing, an administrative dashboard, and automated driving report generation for corporate fleet operations and tax-compliance recordkeeping.
• myEVLog An EV battery management mobile application providing real-time battery status, charge history, driving range prediction, battery health ranking, and AI-predicted future battery performance for individual EV owners.
• EV Battery Data Store An anonymized EV battery data sales platform providing verified BMS telemetry (58 data points at 2-second intervals) from real EVs to research institutions, automotive companies, and battery analytics firms.

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• GS엠비즈 (GS M BIZ)coreStrategic or Co-development Partner · 1 January 2022AiCar was contracted by GS M BIZ for EV battery management service development project in 2022.
• 그린카 (Green Car)coreStrategic or Co-development Partner · 1 January 2022AiCar was contracted by Green Car for next-generation fleet vehicle monitoring system development project in 2022.
• 한국전력 전력연구소 (KEPCO Research Institute)coreStrategic or Co-development Partner · 1 January 2021AiCar was contracted by Korea Electric Power Corporation Research Institute for an EV real-time data analysis project in 2021.
• Tantalum (UK)coreTechnology or Integration · 1 July 2016In July 2016, AiCar (then Handycar) invested $4.3M in UK-based Tantalum and entered a business cooperation agreement. Tantalum granted AiCar exclusive usage rights to its intellectual property and technology related to connected car solutions.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Samsara: IoT and fleet operations platform combining telematics, video-based safety, and asset tracking for enterprise fleets. Closely comparable to AiCar's combined telematics + dashcam/video analytics stack and SaaS subscription model.
• Motive: AI-powered fleet management and video telematics platform serving commercial vehicle operators. Comparable to AiCar on fleet SaaS plus AI dashcam analytics, with similar mid-market and enterprise target customers.
• Geotab: Global leader in fleet telematics and connected vehicle IoT, offering GPS tracking, driver behavior analytics, and EV-specific fleet insights. Directly comparable to AiCar's AiNET fleet management stack in product, customer type (corporate fleets), and business model.

Broad incumbents

• Verizon Connect: Established telematics and fleet management suite from a major telco, offering GPS tracking, fleet optimization, and compliance tools. Comparable to AiNET at the fleet management layer but as part of a much broader telecom portfolio.
• Webfleet (Bridgestone): Bridgestone-owned fleet telematics platform serving commercial fleets across multiple regions with vehicle tracking and driver behavior tools. Overlaps with AiCar's AiNET offering but operates as part of a global tire/fleet conglomerate.
• Hyundai Bluelink: OEM-provided connected car service from Hyundai/Kia offering telematics, remote control, and EV battery monitoring. Competes with AiCar's fleet and EV analytics services for Hyundai/Kia vehicles, particularly relevant given AiCar's reliance on Hyundai/Kia EV models.

Emerging players

• Invers: Provider of shared mobility and corporate fleet management software, including digital key and reservation capabilities. Comparable to AiNET's smart-key-based corporate fleet sharing and reservation functionality.
• Otonomo: Connected car data platform aggregating and monetizing vehicle telemetry for fleets, OEMs, and third-party developers. Directly comparable to AiCar's EV Data Store business model of selling anonymized vehicle/battery data to research and enterprise customers.
• Recurrent: EV battery health reports and range analytics for used EV buyers and fleet operators. Highly comparable to AiCar's myEVLog and Data Store on EV battery performance prediction, but focused on consumer reports rather than raw BMS data licensing.

Others

• Tantalum: UK-based connected car data and mobility platform that granted AiCar exclusive IP/technology usage rights in 2016. A historic technology partner with overlapping connected car and telematics capabilities; operates in Europe rather than directly competing in Korea.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/aicar_mobility

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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 AiCar