UVeye Overview
UVeye develops and manufactures automated vehicle inspection systems. Their systems use computer vision and deep learning algorithms to inspect vehicles for damage, defects, and other potential safety hazards. UVeye's systems are used by dealerships, rental car companies, fleet operators, and government agencies. The company's advanced deep-learning algorithms also provide security professionals with checkpoint solutions to scan, detect, and alert on potential risks, including improvised explosive devices, weapons, drugs, and other illicit materials, offering reliability for vehicle undercarriage inspections. The company was named a cool vendor in Cool Vendors in AI in Automotive and Smart Mobility, 2020 by the Gartner Research Group.
Cumulative Funding Raised Over Time ($)
$3.1MJan 2021
$153.1MJan 2025
$194.1MJan 2025
$198.6MJul 2017
$229.6MJul 2019
$289.6MJul 2021
$289.6MJun 2022
$289.6MMar 2020
$389.6MMay 2023
Latest News
growth-positive
/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection, announced today the expansion of its automated inspection systems to support...
UVeye, a leader in AI-powered vehicle inspection, has expanded its automated inspection systems to support heavy-duty commercial fleets in the US and UK. The new platform, compliant with CTP AT17 requirements, offers a 17-point inspection process for Class 6–8 trucks and buses. This expansion aims to address industry challenges by improving vehicle uptime, reducing costs, and enhancing customer experience. UVeyes AI-driven systems provide comprehensive inspections, detecting mechanical and cosmetic issues with high accuracy. The technology, already used by major companies like Amazon and GM, is now available to commercial operators, promising improved safety and efficiency.
Product StageCustomersPartners
growth-positive
/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection technology, and Dealer Tire, the leading tire distributor and service provider for...
UVeye, a leader in AI-powered vehicle inspection technology, has partnered with Dealer Tire to integrate its tire inspection system into Dealer Tires platform. This collaboration aims to streamline tire inspections, improve safety, and enhance transparency for dealerships across North America. The integration allows service advisors to access real-time tire inspection data, including tread depth readings and tire images, directly from the Dealer Tire platform. This partnership is expected to improve dealership efficiency by eliminating manual measurements and providing instant, accurate quotes. UVeyes technology is already in use at hundreds of dealerships and fleet sites globally, with key clients like Amazon and General Motors.
PartnersCustomers
growth-positive
/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspections, is partnering with JLR (Jaguar Land Rover) North America to install automated...
UVeye, a leader in AI-powered vehicle inspections, has partnered with Jaguar Land Rover (JLR) North America to deploy its automated inspection systems at JLRs major U.S. seaport facilities. This partnership marks JLR as the first U.S. car manufacturer to implement UVeyes AI inspections as part of its Customer Acceptance Line process. The initiative aims to enhance quality assurance by providing comprehensive inspections upon vehicle arrival, ensuring high standards before reaching retailers. This move is part of a broader trend of automation and digital transformation in U.S. seaports, promising faster vehicle flow, fewer manual errors, and improved transparency. UVeyes systems are already operational at hundreds of dealerships, and this expansion further solidifies its role in the automotive logistics ecosystem.
PartnersCustomers
growth-positive
איך תוכנית "המכשירים פורצי הדרך" של FDA הפכה לכלי שיווקי, מי בודק אם ה-ARR באמת משקף את העסק, ומה קרה כשלקוחות ששכרו רכבים מהרץ נתקלו בסריקות המדויקות מדי של UVeye ■ כתבות ותובנות מהשבוע שחלף
Nvidia has become the first public company to surpass a market valuation of $4 trillion, marking significant growth compared to its valuation two years ago. The company is planning to expand its presence in Israel by searching for land to establish a new campus, aiming to leverage local government incentives. This move is seen as a strategic effort to continue its growth trajectory and attract high-quality employees. Meanwhile, Intel is facing challenges, including layoffs and potential project cancellations in Israel, as it shifts its focus to new manufacturing technologies. Additionally, Intels Israeli division, RealSense, has spun off into an independent company with a $50 million investment.
Expand
growth-positive
/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection technology, announced today the launch of UV360, a powerful new platform helping car...
UVeye, a leader in AI-powered vehicle inspection technology, has launched UV360, a new platform that allows car dealerships to generate 360-degree images of vehicles instantly. This technology, which will be rolled out by the end of the year, helps dealerships list vehicles online faster by eliminating the typical seven-day blackout period. The system uses AI-powered scanners to capture high-resolution images without additional hardware or labor, streamlining the appraisal and reconditioning process. UV360 is already being used by select dealerships, such as Brickell CDJR of Murgado Group and Habberstad BMW, to enhance pre-owned sales. The platform is expected to be available to hundreds of dealerships across the U.S. in the coming months.
Product StageCustomers
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $239.6M |
| Last funding | $41M |
| Stage | D |
| Rounds | 9 |
| Investors | 20 |
Team Members
3
Employees: 201-500
Web & Social Links
| Website | uveye.com |
Locations
Aminadav St 21, Tel Aviv-Yafo, Israel
9306 Progress Pkwy, Mentor, OH 44060, USA
500 Frank W Burr Blvd, Teaneck, NJ 07666, USA
Photos & Videos
2 item(s)
UVeye Business
Business models
B2G, B2B
Product stage
Released
Employees
201-500
Sector
Automotive & Mobility TechnologiesLogistics & Transportation ManagementTarget Customer
Transportation & LogisticsTransportation InfrastructurePorts & HarborsAirportsIndustrial ManufacturingDiscrete IndustriesAutomotiveProcess IndustriesDefense, Safety & SecuritySecurityLaw EnforcementHomeland SecurityNational SecurityMilitaryCore Technology
Artificial IntelligenceComputer VisionMachine LearningTags (23)
smart-mobilityfleet-managementairportsinspection-and-testingpublic-safetypredictive-maintenanceoemexplosives-detectioncritical-infastructureartificial-intelligencemachine-learningimage-processingsecuritydriversautomotivehomeland-securitycomputer-visiondefenselaw-enforcementmilitarymaintenancescanningsafetySolutions
{"title":"Automotive Manufacturing","description":"UVeye's Assembly Lines solution uses AI-powered computer vision and deep learning to automate quality control and inspection of vehicles during the assembly process, identifying defects, missing parts, and quality issues in real-time.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Automotive / Fleet Management","description":"UVeye Fleets offers automated, AI-powered vehicle inspection systems that rapidly detect damage, wear, and mechanical issues for various fleet types, enhancing operational efficiency, reducing costs, improving safety, and optimizing fleet management.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Automotive","description":"UVeye offers AI-powered automated vehicle inspection systems for dealerships, including 360-degree exterior, tire, and underbody scans, to quickly and accurately identify vehicle issues, enhance service revenue, improve operational efficiency, and build customer trust.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":3,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Security","description":"UVeye's Security solution provides AI-powered vehicle inspection systems designed to enhance security at critical infrastructure, government, military, and commercial sites by automatically detecting threats, anomalies, and contraband in vehicles.","items":[{"name":"Revenue Growth","value":2,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Automotive Auctions","description":"UVeye's Auctions solution provides AI-powered, automated vehicle inspection for auction houses, rapidly detecting flaws and generating transparent, consistent condition reports to enhance buyer trust, streamline operations, and increase sales efficiency.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
Assembly LinesFleetsDealershipsSecurityAuctionsGeographic Markets
GermanyEuropeJapanAsiaNorth AmericaUVeye Financials
$239.6M
Total funding
Undisclosed
Capital raised
$41M
Last funding
D
Funding stage
9
Total rounds
20
Investors
Cumulative Funding Raised Over Time ($)
$3.1MJan 2021
$153.1MJan 2025
$194.1MJan 2025
$198.6MJul 2017
$229.6MJul 2019
$289.6MJul 2021
$289.6MJun 2022
$289.6MMar 2020
$389.6MMay 2023
Private Equity Funding
Debt Financing
Jan 2025
$150M
Trinity Capital Investment
Undisclosed Round
Jan 2025
$41M
Woven Capital (Lead)
,
Menora Mivtachim Group, More Investment House, UMC Capital
D Round
May 2023
$100M
Hanaco Ventures (Lead)
,
GM Ventures, CarMax, F.I.T. Ventures, W. R. Berkley Corporation
Undisclosed Round
Jun 2022
Undisclosed
GM Ventures
C Round
Jul 2021
$60M
F.I.T. Ventures, Toyota AI Ventures, W. R. Berkley Corporation, Goldbell Investments, Hyundai CRADLE, CarMax, Volvo Car Corporation
Undisclosed Round
Jan 2021
$3.1M
Hyundai CRADLE (Lead)
Undisclosed Round
Mar 2020
Undisclosed
Next Gear Ventures
B Round
Jul 2019
$31M
W. R. Berkley Corporation, Toyota Tsusho Corporation, Volvo Car Corporation
Seed
Jul 2017
$4.5M
Ahaka Capital, SeedIL Ventures, Teramips Technologies
UVeye Lifecycle
Cumulative Funding Raised Over Time
$3.1MJan 2021
$153.1MJan 2025
$194.1MJan 2025
$198.6MJul 2017
$229.6MJul 2019
$289.6MJul 2021
$289.6MJun 2022
$289.6MMar 2020
$389.6MMay 2023
All Events
Debt Financing
Jan 2025
$150M
Trinity Capital Investment
Undisclosed Round
Jan 2025
$41M
Woven Capital (Lead)
,
Menora Mivtachim Group, More Investment House, UMC Capital
D Round
May 2023
$100M
Hanaco Ventures (Lead)
,
GM Ventures, CarMax, F.I.T. Ventures, W. R. Berkley Corporation
Undisclosed Round
Jun 2022
Undisclosed
GM Ventures
C Round
Jul 2021
$60M
F.I.T. Ventures, Toyota AI Ventures, W. R. Berkley Corporation, Goldbell Investments, Hyundai CRADLE, CarMax, Volvo Car Corporation
Undisclosed Round
Jan 2021
$3.1M
Hyundai CRADLE (Lead)
Undisclosed Round
Mar 2020
Undisclosed
Next Gear Ventures
B Round
Jul 2019
$31M
W. R. Berkley Corporation, Toyota Tsusho Corporation, Volvo Car Corporation
Seed
Jul 2017
$4.5M
Ahaka Capital, SeedIL Ventures, Teramips Technologies
UVeye News
34 articles
growth-positive
/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection, announced today the expansion of its automated inspection systems to support...
UVeye, a leader in AI-powered vehicle inspection, has expanded its automated inspection systems to support heavy-duty commercial fleets in the US and UK. The new platform, compliant with CTP AT17 requirements, offers a 17-point inspection process for Class 6–8 trucks and buses. This expansion aims to address industry challenges by improving vehicle uptime, reducing costs, and enhancing customer experience. UVeyes AI-driven systems provide comprehensive inspections, detecting mechanical and cosmetic issues with high accuracy. The technology, already used by major companies like Amazon and GM, is now available to commercial operators, promising improved safety and efficiency.
Product StageCustomersPartners
growth-positive
/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection technology, and Dealer Tire, the leading tire distributor and service provider for...
UVeye, a leader in AI-powered vehicle inspection technology, has partnered with Dealer Tire to integrate its tire inspection system into Dealer Tires platform. This collaboration aims to streamline tire inspections, improve safety, and enhance transparency for dealerships across North America. The integration allows service advisors to access real-time tire inspection data, including tread depth readings and tire images, directly from the Dealer Tire platform. This partnership is expected to improve dealership efficiency by eliminating manual measurements and providing instant, accurate quotes. UVeyes technology is already in use at hundreds of dealerships and fleet sites globally, with key clients like Amazon and General Motors.
PartnersCustomers
growth-positive
/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspections, is partnering with JLR (Jaguar Land Rover) North America to install automated...
UVeye, a leader in AI-powered vehicle inspections, has partnered with Jaguar Land Rover (JLR) North America to deploy its automated inspection systems at JLRs major U.S. seaport facilities. This partnership marks JLR as the first U.S. car manufacturer to implement UVeyes AI inspections as part of its Customer Acceptance Line process. The initiative aims to enhance quality assurance by providing comprehensive inspections upon vehicle arrival, ensuring high standards before reaching retailers. This move is part of a broader trend of automation and digital transformation in U.S. seaports, promising faster vehicle flow, fewer manual errors, and improved transparency. UVeyes systems are already operational at hundreds of dealerships, and this expansion further solidifies its role in the automotive logistics ecosystem.
PartnersCustomers
growth-positive
איך תוכנית "המכשירים פורצי הדרך" של FDA הפכה לכלי שיווקי, מי בודק אם ה-ARR באמת משקף את העסק, ומה קרה כשלקוחות ששכרו רכבים מהרץ נתקלו בסריקות המדויקות מדי של UVeye ■ כתבות ותובנות מהשבוע שחלף
Nvidia has become the first public company to surpass a market valuation of $4 trillion, marking significant growth compared to its valuation two years ago. The company is planning to expand its presence in Israel by searching for land to establish a new campus, aiming to leverage local government incentives. This move is seen as a strategic effort to continue its growth trajectory and attract high-quality employees. Meanwhile, Intel is facing challenges, including layoffs and potential project cancellations in Israel, as it shifts its focus to new manufacturing technologies. Additionally, Intels Israeli division, RealSense, has spun off into an independent company with a $50 million investment.
Expand
growth-positive
/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection technology, announced today the launch of UV360, a powerful new platform helping car...
UVeye, a leader in AI-powered vehicle inspection technology, has launched UV360, a new platform that allows car dealerships to generate 360-degree images of vehicles instantly. This technology, which will be rolled out by the end of the year, helps dealerships list vehicles online faster by eliminating the typical seven-day blackout period. The system uses AI-powered scanners to capture high-resolution images without additional hardware or labor, streamlining the appraisal and reconditioning process. UV360 is already being used by select dealerships, such as Brickell CDJR of Murgado Group and Habberstad BMW, to enhance pre-owned sales. The platform is expected to be available to hundreds of dealerships across the U.S. in the coming months.
Product StageCustomers
growth-negative
הרץ חתמה עם UVeye על הסכם לשימוש במערכת שלה, שמיועדת לבדיקה אוטומטית של פגמים ובעיות בכלי רכב ■ לקוחות ענקית השכרת הרכב טוענים כי כעת הם מחויבים במאות דולרים על פגמים זערוריים, שלא היו מתגלים בבדיקה ידנית
UVeye has entered into a partnership with Hertz to provide an automatic vehicle scanning system designed to detect defects and issues in vehicles. However, Hertz customers have raised complaints about being charged hundreds of dollars for minor defects that would not have been identified through manual inspection. This has led to dissatisfaction among customers, potentially impacting UVeyes reputation negatively. The partnership with Hertz is significant, but the customer backlash could pose challenges for UVeye in maintaining its market position.
PartnersCustomers
growth-positive
/PRNewswire/ -- UVeye, the global leader in AI-powered vehicle inspection technology, announced today the appointment of Itay Erel as the General Manager of...
UVeye, a leader in AI-powered vehicle inspection technology, has appointed Itay Erel as General Manager for its UK and EU operations. This strategic hire is part of UVeyes efforts to expand its presence in European markets, offering advanced AI-powered vehicle inspection solutions to partners such as dealerships, OEMs, and fleet operators. The company has been operating in Europe since October 2023, following a partnership with Amazon, which uses UVeyes solutions for its delivery fleets. Erel, with extensive experience in business growth and strategic partnerships, will lead UVeyes European expansion, focusing on developing go-to-market strategies and increasing market share.
PartnersManagement ChangesExpand
growth-positive
The Israeli AI firm’s technology will enhance manual vehicle checks at major airports.
UVeye, an Israeli AI firm, has partnered with Hertz to deploy AI-powered vehicle inspection systems at major U.S. airports. This partnership is one of the largest rollouts of automated inspection technology in the car rental industry. The deployment, which has already begun at Atlantas Hartsfield-Jackson International Airport, is expected to extend to multiple U.S. airports by the end of the year. The deal is anticipated to generate tens of millions of dollars annually for UVeye. The AI systems will enhance vehicle checks, reduce downtime, and improve customer experience for Hertz, which manages over 500,000 vehicles globally. UVeyes technology uses high-speed cameras and machine learning to provide real-time diagnostics, improving safety and uptime for Hertzs fleet.
Partners
growth-positive
חברת Hertz העולמית תתקין מערכות אוטומטיות לבדיקת רכב של UVeye הישראלית | כלכליסט
UVeye, an Israeli startup, has partnered with Hertz to integrate its AI-based vehicle inspection systems in 100 Hertz branches across North America. This partnership marks Hertz as the first car rental company to adopt AI technology for vehicle inspections. The systems, which replace manual inspection processes, are already installed at major U.S. airports and will expand to more locations. UVeyes technology, which acts like an X-ray for vehicles, is capable of scanning and assessing all visible parts of a vehicle in seconds. Since its inception in 2016, UVeye has raised $380 million from investors including Woven Capital and UMC Capital.
PartnersCustomers
growth-positive
Israeli AI vehicle inspection co UVeye raises $191m
UVeye, an Israeli AI-driven vehicle inspection system developer, has completed a $191 million financing round, comprising $41 million in equity and $150 million in debt. The equity round was led by Woven Capital, with participation from UMC Capital, MyBerg, and existing investors. Trinity Capital structured the debt facility. The funds will support UVeyes global expansion and production of additional systems. UVeyes systems, described as an MRI for vehicles, are installed in over 400 dealerships in the US and are used by Amazon for fleet inspections. The company plans to expand operations in Europe and currently employs 220 people worldwide.
InvestmentCustomersPartnersExpand
growth-positive
/PRNewswire/ -- UVeye, the global leader in AI-driven vehicle inspection technology, announced today $191 million of funding, bringing total capital raised to...
UVeye, a leader in AI-driven vehicle inspection technology, has raised $191 million in funding, bringing its total capital to $380.5 million. The round was led by Woven Capital, with participation from UMC Capital, MyBerg, and others. The funding will support UVeyes global expansion, increase manufacturing capacity, and strengthen partnerships. UVeye plans to install hundreds of systems worldwide by 2025, scanning millions of vehicles annually. The company has significant clients like Amazon and General Motors and is recognized for its innovative vehicle inspection systems. The investment highlights the growing demand for automated and AI-driven solutions in the automotive industry.
InvestmentPartnersCustomers
growth-positive
UVeye’s systems, which are an “MRI for vehicles,” deliver precise, data-driven insights by scanning all visible vehicle components in a matter of seconds.
UVeye, an Israeli company specializing in AI-driven vehicle inspection systems, has completed a $191 million financing round, comprising $41 million in equity and $150 million in debt. The equity round was led by Woven Capital, with participation from UMC Capital, MyBerg, and existing investors. Trinity Capital structured the debt facility. This funding will support UVeyes global expansion and production of additional systems. The company, which has developed an MRI for vehicles, uses advanced AI to provide precise vehicle inspections. UVeyes systems are installed in over 400 US car dealerships and are used by Amazon for inspecting delivery vehicles. The company plans to expand its operations in Europe.
InvestmentCustomersPartnersExpand
growth-positive
/PRNewswire/ -- The Reynolds and Reynolds Company and UVeye announced today the launch of a collaborative effort, beginning at the NADA Show 2025, to enhance...
UVeye and The Reynolds and Reynolds Company have announced a collaboration to enhance customer service at automobile dealerships using AI-powered vehicle inspection technology. This partnership will be showcased at the NADA Show 2025. The integration allows service advisors to provide customers with detailed diagnostics of their vehicles, improving transparency and customer satisfaction. UVeyes technology, which acts like an MRI for vehicles, is already installed at numerous dealerships and fleet sites globally. The collaboration aims to increase efficiency and upsell percentages at dealerships. UVeye has been recognized for its innovative technology and is backed by major car manufacturers.
Partners
growth-positive
/PRNewswire/ -- Today, TIME reveals its annual list of the Best Inventions, which features 200 extraordinary innovations changing our lives. UVeye's...
UVeye has been recognized by TIME magazine as one of the Best Inventions of 2024 for its AI-powered vehicle inspection technology. This recognition highlights UVeyes transformative impact on the automotive industry, offering real-time, AI-driven inspections that enhance safety and efficiency. The companys technology is likened to an MRI for vehicles, capable of detecting defects quickly and accurately. UVeye collaborates with major industry players such as GM, Volvo, Hyundai, and Amazon, and has installations in over 400 locations globally. This accolade underscores UVeyes commitment to innovation in vehicular safety and smart transportation.
Partners
growth-positive
UVeye Partners with Connexion to Automate GM Dealers' Loaner Fleet Inspections
UVeye, in collaboration with Connexion Mobility and General Motors, is set to improve the way GM dealerships manage their loaner and rental fleet operations. The integration of UVeyes AI-powered inspection system and Connexion Mobilitys loaner fleet management platform will be available to over 4,000 General Motors dealers. The new solution improves the accuracy and efficiency of loaner fleet vehicle inspections for dealers. UVeyes technology will power a seamless experience for dealers by populating real vehicle images and a full condition report automatically within OnTRAC. This enables dealers to easily identify damage during loaner vehicle handovers.
PartnersCustomers
growth-positive
Amazon's AI-Powered Van Inspections Give It a Powerful New Data Feed
Amazon is implementing an artificial intelligence-powered technology called AVI (automated vehicle inspection) to inspect its delivery vans. The technology, developed by startup UVeye, uses high-resolution cameras to scan the vehicles undercarriage, check tire quality, and assess the exterior for any damage or maintenance needs. The system has been tested for nearly two years and is currently installed in 20 delivery centers in the US, Canada, Germany, and the UK. Amazon plans to install hundreds more units in the coming years. The technology is expected to improve safety and efficiency, reducing the inspection process time by four minutes.
PartnersExpand
growth-positive
UVeye secures $100 million Series D for automated vehicle-inspection systems | CTech
Israeli startup UVeye, which offers vehicle inspection systems based on AI and machine learning technologies, has raised $100 million in Series D funding. The funding round was led by Hanaco VC, with participation from existing investors including GM Ventures and CarMax. UVeye plans to use the funding to revolutionize and standardize how the auto industry detects vehicle damage and mechanical issues. The company has announced major programs in the United States, including commercial agreements with General Motors, Volvo Cars USA, and CarMax. UVeyes technology provides automakers, dealers, and fleet operators with solutions for quickly and accurately identifying vehicle problems.
Investment
growth-positive
General Motors Invests In Israeli Vehicle Inspection Tech Startup UVeye
UVeye, an Israeli tech startup that develops automated inspection systems for vehicles, has received an investment from GM Ventures. The investment will fund the development and commercialization of UVeyes vehicle inspection technology. UVeye has also entered into a commercial agreement with General Motors to expand its automated high-speed systems to GM dealerships. The companys drive-through systems use AI, machine learning, and sensor technologies to detect flaws and anomalies in vehicles. UVeye plans to incorporate electric-vehicle and autonomous-driving platforms into its inspection databases in the future. UVeye currently has facilities in multiple regions and has formed strategic partnerships with dealership groups, used car auctions, and vehicle fleets.
InvestmentPartnersExpand
growth-positive
Volvo to Use Israel's UVeye AI Tech for Car Inspections
Israeli startup UVeye has been chosen by Volvo to provide its camera-based platform for vehicle inspections. Volvo Car USA will equip its U.S. retailers with automated vehicle-inspection systems from UVeye, which use artificial intelligence and machine learning to check for defects and safety-related issues. UVeye and Volvo Cars have been collaborating since 2019, with Volvo Cars becoming a strategic investor in UVeye. The company has raised over $90 million since its founding in 2016 and has formed partnerships with dealership groups, used car auctions, and vehicle fleets. The partnership with Volvo Cars is seen as a positive growth opportunity for UVeye.
PartnersCustomers
growth-positive
UVeye, Israeli Developer Of Automated Vehicle Inspection Systems, Raises $60 Million
Israeli developer UVeye has raised $60 million in a Series C funding round to support its global expansion plans. The company, which specializes in automated vehicle inspection technology, has developed contact-free inspection systems used in the security industry and by automakers to detect defects in vehicles. The funding round included investors such as CarMax, W.R. Berkley Corp., and F.I.T. Ventures, as well as previous investors Volvo Cars, Hyundai Motors, and Toyota Tsusho. UVeye plans to use the funding to expand in Europe and the United States. The companys cumulative investment now exceeds $90 million.
Investment
growth-positive
Office Tour: UVeye Offices - Tel Aviv
Switchup designed the office space for UVeye, a vehicle inspection device company in Tel Aviv, Israel. The office space has a sleek and modern design, featuring mixed-material wood and stone desks, comfortable seating areas, a kitchen and dining area with neutral furniture and greenery, and private yet open meeting spaces. The rooftop deck is utilized as an informal conference space or post-work event area. The design reflects the professionalism and innovation of UVeye as a company focused on vehicular safety.
Partners
growth-positive
Hyundai invests in Israel auto-tech co UVeye
Hyundai has made a strategic investment in UVeye, an Israeli automated vehicle-inspection systems developer, to fuel the startups global expansion. The financial details of the investment round were not disclosed, but UVeye has raised more than $40 million from carmakers and strategic investors since its founding. UVeyes vehicle inspection systems utilize proprietary algorithms, cloud architecture, AI, machine learning, and sensor fusion technologies to automate and standardize inspection processes. The investment from Hyundai is part of their plan to use UVeyes products and platforms across their operations globally. UVeye offers inspection systems for both homeland security and automotive fields, providing efficiency and data insights for customers along the automotive value chain.
InvestmentPartners
growth-positive
UVeye Secures Strategic Investment from Hyundai Motor Company
UVeye, a developer of automated vehicle-inspection systems, has secured strategic investments from Hyundai Motor Company and other investors to accelerate its global expansion plans. The company has raised over $40 million from carmakers and strategic investors since its founding. Hyundais investment is part of their plan to utilize UVeyes products and platforms across their operations worldwide. UVeyes systems use proprietary algorithms, AI, machine learning, and sensor fusion technologies to automate and speed up vehicle inspection processes. The company offers inspection systems for both homeland security and automotive applications. UVeye has installed its inspection systems at various locations worldwide and has offices in Tel Aviv, Cleveland, New York, Japan, and Germany.
Investment
growth-positive
UVeye Names Two Executives to Lead its North American Operations Group
UVeye, an Israeli supplier of contact-free vehicle-inspection systems, has named two executives to head its North American management team for the launch of cost-saving products designed for car dealers, used-car auction houses, and major vehicle fleets. The company plans to establish new offices in Ohio and New York and expects to open production and warehouse facilities in the U.S. next year. The executives bring retail automotive experience and will focus on introducing UVeye products to a broad range of dealerships, auction houses, and fleets. UVeyes inspection systems use deep-learning technology to identify defects and improve profit margins and customer satisfaction levels. The companys technology is also used by automakers and security professionals. UVeye has developed breakthrough products for fleets and vehicle aftermarket use. The company predicts significant new business over the next 12-24 months.
Expand
growth-positive
Israeli Thermal Sensor Tech Can Detect Potential COVID-19 Fever In Vehicle Occupants
UVeye, an Israeli technology company known for its vehicle inspection systems, has modified its technology to detect fevers in drivers and passengers. The thermal sensors in the companys inspection systems can identify car occupants with fevers through the windshield, providing a heads up to health professionals that someone in the car may be ill and need additional testing for COVID-19. UVeye has offered to equip health-related fleet operators with vehicle-inspection equipment on a not-for-profit basis during the COVID-19 crisis. The companys technology can also assist in identifying people infected by the virus and can be used in drive-through checkpoints at hospitals and other community locations. UVeye is prepared to install contactless inspection systems with thermal sensor technology in critical locations in the United States, the UK, and the US. The companys expertise in machine learning, artificial intelligence, and camera technology allows it to solve safety and quality-related challenges in the automotive industry.
CustomersPartners
growth-positive
UVeye to Unveil Industry-First Vehicle Threat-Detection Technology in N.A.
UVeye, an Israeli company, is unveiling vehicle threat-detection technology in the United States that can instantly identify security threats concealed in the undercarriage of vehicles. The companys Helios underbody scanning systems, equipped with UV Inspect software, can automatically pinpoint threats on vehicles that are not in security databases. The technology can identify bombs, weapons, drugs, computer equipment, and other contraband. UV Inspect technology will soon be available to security-industry customers worldwide. UVeyes undercarriage inspection systems are currently deployed at high-security locations worldwide. The company will showcase its technology at the Border Security Expo and ISC West. UVeye also plans to develop deep-learning technology for vehicle inspection in the automotive industry.
CustomersPartners
growth-positive
Uveye's New Inspection System Will Scan Your Vehicle Under Four Seconds
UVeye, an Israeli start-up, has developed an AI-based inspection technology for cars. The company has raised $31 million to expand its AI-driven inspection systems. The new system can thoroughly inspect a moving car in just a few seconds, detecting fluid leaks, dents, and defects as small as 0.08 inch. This technology is of interest to carmakers, fleet operators, suppliers, insurance companies, and rental and lease companies. UVeye is working with companies like Toyota, Daimler, Volvo, and the VW Groups Škoda to develop inspection systems for assembly lines, shipping areas, and dealerships.
CustomersPartners
growth-positive
UVeye to Unveil Industry-Leading Vehicle-Inspection Technology at CES
UVeye, an Israeli company, plans to unveil a vehicle-inspection system based on deep-learning technology at CES 2020. The system, called Atlas, uses high-resolution cameras to detect exterior defects on vehicles within seconds. UVeyes proprietary algorithms and technologies allow for quick inspection of various vehicle components. The company has raised over $35 million in investment capital and is working with vehicle manufacturers such as Volvo, Skoda, Daimler, and Toyota to deploy its inspection systems. UVeyes deep-learning technology was initially developed for the security industry. The companys exhibit at CES 2020 will be in the North Hall of the Las Vegas Convention Center.
InvestmentPartners
Growth-Positive
UVeye's System Can Completely Inspect a Vehicle in Four Seconds or Less
UVeye, an Israeli startup, has developed an artificial intelligence-based system that can inspect a moving car for defects in seconds. The technology, which was initially created for bomb detection, is now being used by car manufacturers, fleet operators, suppliers, auto dealers, insurance companies, and rental and lease companies. Companies including Daimler, Škoda, Toyota, and Volvo are working with UVeye to take advantage of its full-vehicle, underbody, and tire inspection systems. The company has raised $35 million in investment capital since 2017 and is planning to expand to Europe and the Asia Pacific region.
CustomersPartnersInvestmentExpand
growth-positive
Israeli AI Tech Promises To Dramatically Change Vehicle Inspections Worldwide
Israeli company UVeye showcased its tire inspection system called Artemis at the International Motor Show in Frankfurt. UVeye develops smart vehicle inspection systems that use cloud architecture, sensor fusion, machine learning, and smart algorithms to automatically check components, bodywork, and tires. The company has raised $31 million in funding from investors including Toyota Tsusho, Volvo Cars, and W. R. Berkley Corporation. UVeyes technology is used for detecting potential threats in the security market, but it is also being applied to the automotive industry for vehicle inspection. The Artemis system checks for tire wear and quality, and it is set to be used by bus fleet operator Kavim in Israel. Volvo plans to introduce UVeyes undercarriage scanner and vehicle scanning system at its manufacturing facilities and dealerships.
PartnersInvestment
growth-positive
Toyota, Volvo Back Automatic Vehicle Inspection Startup UVeye
UVeye Ltd., a vehicle inspection startup, has raised $31 million in a series B funding round led by Toyota Tsusho Corp., Volvo Car Corp., and W. R. Berkley Corp. Toyota and Volvo have also announced plans to implement UVeyes inspection systems at some of their locations. UVeye develops machine learning and computer vision technology for the automatic external inspection of vehicles. The system can detect defects, abnormalities, changes, and foreign objects on vehicles. The company has raised a total of $35 million to date.
PartnersInvestment
growth-positive
What is the latest way to detect problems with your car?
Israeli startup UVeye, known for creating scanners to detect threats on the undersides of cars, has realized that their technology can also be used by consumers. They have developed different types of scanners that can check the underside of the car, the wheels, and the exterior. The scanners use machine learning to analyze stock data about cars and identify anomalies such as leaks, damages, and missing parts. This technology allows consumers to easily diagnose car issues without relying on human inspection.
Customers
growth-positive
UVeye tech can eyeball vehicles in 3-D, detect auto body damage, hidden threats - Repairer Driven News
UVeye, a technology company, has developed a system that combines 3-D examination of vehicle exteriors and undercarriages with artificial intelligence to detect various items, including wheel damage and potential threats like terrorist bombs. The system can also detect mechanical issues using the sound of the vehicle. UVeyes CEO, Amir Hever, presented this technology at a forum, showcasing the potential for future physical damage inspections by body shops and insurance companies. The company has introduced its latest line of products to the automotive market, enabling automatic detection of mechanical issues and damages to the outer frame of vehicles. UVeye is currently focusing on manufacturers, logistics centers, dealerships, and rental car companies. They have also announced a partnership with Toyota Tsushos aftermarket department to deploy the system in auction sites and use it on Toyotas used cars.
Customers
growth-positive
UVeye raises $4.5M to use computer vision to inspect underside of vehicles at security checkpoints
Israeli startup UVeye has raised $4.5 million in seed funding to develop its computer vision and machine learning technology for vehicle security. The technology uses strategically angled and synchronised hi-res cameras to create a 360-degree digital model of a vehicles undercarriage, allowing for the detection of security threats. UVeyes system can process multiple images in three seconds to create a 3D model and provide high-resolution visuals. The companys technology is currently being used in roadside security applications and has been installed in various countries. UVeye is also exploring opportunities in the wider automotive market, including partnerships with car rental and used car companies.
CustomersExpand
UVeye Team
Employee Info
| Employees (range) | 201-500 |
| Exact count | 280 |
| Team members | 3 |
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Admin Info
| Confidence | 101/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514234202 |
| Crunchbase | uveye |
| Phone | +972773630399 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-09-03T00:00:00.000Z |
| Created | 2016-09-20T00:00:00.000Z |
| Claimed | Yes |