UVeye receives investment from GM’s capital venture arm. UVeye, a provider of advanced vehicle diagnostic systems, announced that it has received an investment from the capital venture arm of General Motors, GM Ventures, to help fund the development and commercialization of the company’s vehicle inspection technology. UVeye also has entered into a commercial agreement with […]
UVeye Secures $60 Million in New Investments
CarMax, W.R. Berkley Corporation and F.I.T. Ventures among UVeye’s Series C Investors. UVeye, a supplier of high-speed vehicle inspection systems for the auto industry, has obtained $60 million in additional funding to support its global expansion plans. CarMax, W.R. Berkley Corporation and F.I.T. Ventures are among the participants in UVeye’s Series C funding round. CarMax, […]
Interview: Yaron Saghiv, UVeye
Vehicle inspection system startup mixes the latest digital scanning technology and artificial intelligence to analyze vehicle images to identify damage. The growth in the acceptance of photo estimating got a boost during the pandemic as insurers, collision repairers and customers sought to minimize interaction during the claim process. UVeye believes its technology, that combines high-resolution […]
Israel-Based UVeye Plans to Expand U.S. Operations
UVeye, an Israeli supplier of high-tech vehicle-inspection systems, is planning to expand in the United States with the introduction of products especially designed for car dealers, used-car auction houses and major vehicle-fleet operators. The company plans to open sales and product development offices in Ohio and New York within the next four months, is assembling […]