TYSONS CORNER, VA, March 27, 2024—Sheeva.AI announced it has been honored with the prestigious 2024 Global New Product Innovation Award by Frost and Sullivan for their SheevaConnect™ in-vehicle payments product suite, in the global connected car location-based services category.

“We are humbled and honored to win this recognition from Frost & Sullivan,” said Trevor Curwin, Director of Partnerships at Sheeva.AI. “As the in-vehicle space continues to grow, best practices for automotive OEMs, Tier 1 suppliers, and service providers of all kinds are critical, so we welcome this acknowledgement of our leadership in the market.

For six decades, Frost and Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, new trends and business models, and the companies delivering them, resulting in a continuous flow of growth opportunities to drive future success.

“[We] reserve this recognition for companies at the forefront of innovation and growth in their respective industries. These companies consolidate their leadership positions by innovating and creating new products, solutions, and services that meet ever-evolving customer needs,” said Frost and Sullivan chairman David Firgstad in awarding the honor to the Sheeva.AI team.

“Driving innovation and growth is a difficult task made even harder by the strategic imperatives forcing change today, such as disruptive technologies, value chain compression, industry convergence, and new business models,” he added.

It marks the start of a busy year for the in-vehicle payments technology firm. They are in production with a global automaker they’ll be announcing soon and are actively signing up partners in their focus service verticals of fueling, EV charging, parking, tolling and curbside retail.

About Sheeva.AI 

Sheeva.AI’s in-car payments and commerce solution introducesvehicle location-based services to monetize the driver experience. Using apatented precise geolocation technology, drivers seamlessly pay for and receiveservices such as fueling, EV charging, parking, curbside pickup and drive-through via their car’s IVI screen. Their SheevaConnect™ product suite includes the patented SheevaLocate™, an embedded software that enables highly accurate vehicle location to within two meters; SheevaFence™, which enables proprietary geofencing/mapping of point-of-sale and service localization (e.g. down to anindividual fuel dispenser, EV charging spot, or parking space); SheevaPay™, a cloud-based contactless payment platform; and SheevaServ™, a cloud-based platform to activate nearby services, e.g. a fuel pump, EV charging station, or parking session.

Founded in 2016, it is headquartered in Tysons Corner, VA, with key offices in Detroit, MI, New Delhi (India), Dresden (Germany) and strategic partner in Nagoya (Japan).

More information is available at www.sheeva.ai, and you can check out their demo videos at https://www.youtube.com/watch?v=PU6zPzmJkAI&t=6s

‍