CarEdge
Category: AI Agents
An AI-powered platform that assists consumers in negotiating car deals and provides data-driven insights for vehicle purchasing. CarEdge was founded in 2020. The company is led by Zach Shefska. Based in Kensington, Maryland, USA. Team size: 11-50. Total funding raised: $5.97M. Latest round: Seed VC - II. Key investors include Flybridge Capital Partners, NextView Ventures, Long Journey Ventures.
- Founded
- 2020
- Headquarters
- Kensington, Maryland, USA
- Team size
- 11-50
- Total funding
- $5.97M
Value proposition
Provides car buyers with tools, data, and negotiation support needed to secure favorable deals, saving time and money.
Products and solutions
Free Research (market data, Copilot chat, inventory), CarEdge Pro ($49/mo - invoice/target prices/OTD estimates), AI Negotiator ($149/car - AI handles dealer negotiation), CarEdge Concierge ($999/car - 20-year pro negotiates end-to-end), Vehicle research and ratings, Financing options, Insurance comparison
Unique value
AI-powered negotiation tool acting as an agent for buyers, focusing on consumer education and empowerment through extensive content and community.
Target customer
Individual car buyers and shoppers.
Industries served
Automotive Retail
Technology advantage
Proprietary AI technology leveraging vast market data to offer real-time pricing and negotiation leverage, supported by a strong online community.
How they differentiate
Consumer advocacy-focused with educational tools and AI negotiation, building trust through content and community engagement, unlike dealership-aligned competitors.
Main competitors
Costco Auto Program, TrueCar, Cars.com
Key partnerships
Lenders including banks and credit unions for financing options.
Major milestones
Launched AI-powered negotiation tool (July 2025)., Reached 5 million visitor page views in October 2020., CarEdge AI surpassed $25M in cumulative customer savings and 100K+ negotiations by June 2026.
Growth metrics
Achieved $10 million in annual revenue. As of June 2026, CarEdge AI has generated $25M+ in cumulative customer savings across 104K+ AI negotiations, with $634M+ in total vehicle value negotiated.
Market positioning
Transparent, consumer-centric platform aiming to disrupt traditional dealer models by empowering buyers with data and tools.
Geographic focus
United States
Patents and IP
No publicly disclosed patents or IP.
About Zach Shefska
Co-Founder at CarEdge (formerly YAA). Previously, Director of Business Development at The Appraisal Lane, an automotive technology company acquired by KAR Global.
Official website: https://caredge.com/