UVeye

UVeye

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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

Industries

Security, Artificial Intelligence (AI), Machine Learning, Automotive, Industrial Automation

Founded

2016

Employees

101-250

Headquarters locations

Teaneck, New Jersey, United States, North America

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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.

Employees

imagePlace Yaron Saghiv

Yaron Saghiv

CMO

imagePlace Amir Hever

Amir Hever

Co-Founder & CEO

imagePlace Ohad Hever

Ohad Hever

COO & Co-Founder

Funding Rounds

Funding rounds

6

Investors

2

Lead Investors

0

Total Funding Amount

$195.5M

Details

4

UVeye has raised a total of $195.5M in funding over 4 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2019Early Stage Venture31.0M
2021Late Stage Venture60.0M
2023Late Stage Venture100.0M
2017Seed4.5M

Investors

UVeye is funded by 24 investors.

Investor NameLead InvestorFunding RoundPartners
CarMax-FUNDING ROUND - CarMax100.0M
UVeye-FUNDING ROUND - UVeye4.5M
UVeye-FUNDING ROUND - UVeye4.5M
SeedIL Ventures-FUNDING ROUND - SeedIL Ventures4.5M