Signal active
Organization
Contact Information
Overview
UVeye is a computer vision company that creates automatic inspection systems for vehicles since 2016. The systems provide complete visibility and enhanced customer experience scanning the underbody, tires, and complete exterior of any type of vehicle within seconds while utilizing a unique combination of machine learning and artificial intelligence algorithms.
The company has installed systems in over 200 sites including dealerships, auctions, and fleets all across the world. During 2022 both Volvo Cars and General Motors have announced national programs to incentivize their dealer networks to install UVeye for both services and used car applications.
Some of the issues detected by the system include oil leaks, rust, paint scratches and dents, tire issues such as side-wall damage or low tread depth, uneven wear which could lead to an alignment, missing parts, broken parts, and exhaust-system issues.
UVeye is backed up by strategic investors such as Carmax, Volvo Cars, Toyota Tsusho, Hyundai Motor Cars, General Motors, and W.R. Berkley. Additional information is available at www.uveye.com.
About
Security, Artificial Intelligence (AI), Machine Learning, Automotive, Industrial Automation
2016
101-250
Headquarters locations
Teaneck, New Jersey, United States, North America
Social
Profile Resume
UVeye headquartered in United States, North America, operates in the Security, Artificial Intelligence (AI), Machine Learning, Automotive, Industrial Automation sector. The company focuses on Security and has secured $23.5B in funding across 120 round(s). With a team of 101-250 employees, UVeye is actively contributing to advancements in Security. Their latest funding round, Seed Round - UVeye, raised $4.5M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
6
2
0
$195.5M
Details
4
UVeye has raised a total of $195.5M in funding over 4 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2019 | Early Stage Venture | 31.0M | ||
2021 | Late Stage Venture | 60.0M | ||
2023 | Late Stage Venture | 100.0M | ||
2017 | Seed | 4.5M |
Investors
UVeye is funded by 24 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
CarMax | - | FUNDING ROUND - CarMax | 100.0M |
UVeye | - | FUNDING ROUND - UVeye | 4.5M |
UVeye | - | FUNDING ROUND - UVeye | 4.5M |
SeedIL Ventures | - | FUNDING ROUND - SeedIL Ventures | 4.5M |
Recent Activity
News
Jul 18, 2024
PR Newswire - UVeye and myKaarma Partner to Bring AI Car Inspection Reports Straight to Drivers' Phones
News
Jul 17, 2024
PRNewswire - UVeye and myKaarma Partner to Bring AI Car Inspection Reports Straight to Drivers' Phones
News
May 26, 2024
Forbes - UVeye And The Future Of Machine Vision In Supply Chain
News
May 26, 2024
Automotive News - Automotive News PACE Awards recognizes UVeye, WarrCloud
News
May 03, 2024
Forbes - UVeye And The Future Of Machine Vision In Supply Chain
News
May 03, 2024
NoCamels - Car inspection systemUVeye wins prestigious US automotive award