TrueCar Awarded Three U.S. Patents

Negotiation-free car buying and selling mobile marketplace, TrueCar, has been granted three new patents by the United States Patent and Trademark Office.

The proprietary data systems patents relate to technology that enables the provision of vehicle pricing information in a manner that supports a transparent consumer experience.

Noted Mike Swinson, TrueCar’s chief data scientist,”We invest heavily to create sophisticated tools based on cutting-edge, deep-learning techniques that leverage this data to provide the most useful information to aid consumers and dealers with their decisions around the automobile purchase transaction.”

“Data innovation is key in our mission to help consumers and dealers navigate through the auto buying and selling process with greater confidence and reduced friction,” said Scott Painter, TrueCar’s founder and chief executive officer. “Our intellectual property validates the amazing talent TrueCar has and will continue to attract to Silicon Beach.”

Category: Featured