A number of startups run to make vehicle inspections faster, easier and cheaper. Self -inspection, a startup based in San Diego, thinks that it has beat them all with its service fed by AI – and now he has convinced external investors.
Self-inspection, Founded in 2021should announce Thursday that he collected $ 3 million in circles of seed co-directed by Costanoa Ventures and DVX Ventures, the company Directed by the former president of Tesla, Jon McNeill,. Westlake Financial has joined the Tour, which manages more than a million vehicle transactions per year.
Karim Bousta, partner of DVX Ventures, believes that the traditional vehicle inspection process is ripe for innovation. Self-inspection technology is “not only rationalizes operations for automotive lenders, dealers and rental companies, but also establishes a new reference for quality, reliability and transparent digital experience on the market ‘Inspectorate of $ 30 billion vehicles, “said Bousta in a statement.
The seed tour is the validation of the technology on which the company has been working for a few years, told Techcrunch, CEO, CEO, Constantine Yaremtso. Self-inspection already has advice and carroff (a digital wholesaler belonging to Cargurus) as customers, as well as Westlake Financial.
“Basically, we will start to develop, grow up and set up,” Yaremtso said about funding.
Self-inspection took a very different path from Uveye, which recently raised $ 191 million for its propelled AI Steering wheel inspection technology.
Self-inspection only needs a smartphone camera, although its software can also take advantage of the data from the OBD2 port of a car.
The company has formed its AI models on what it describes as “one of the largest sets of data from damaged vehicles”. These models can quickly detect damage and assess severity, before generating an estimate of costs and “one of the most in -depth vehicle inspection reports in industry”.
“What we deliver is actually a fully detailed PDF report that you will normally obtain only a bodywork workshop, which will tell you what the workforce must be caused on the damage, how much it costs to repair , how many parties do you need, and so on, ”said Yaremtso.
The self-inspection service is designed to be simple but configurable, which also distinguishes it from competitors as RavineSaid Yaremtso.
In other words, self -inspection software is not a single size.
What it means for customers is access to a smooth back-end configurator. For example, if a fleet or a vehicle market wishes to prioritize certain high -use areas of a car, or add a step to ensure that an electric vehicle load cable is in the trunk, it can simply slip and Place self-inspection software.
Self-inspection is also designed to be easier to use.
The software does not require that users are at a specific distance from the car because they take photos or videos, like other services. And for the moment, it is not even an autonomous application. Self-inspection incorporates the software into the customers’ own workflows, and all vehicle inspections are carried out via the web browser of a smartphone-accessible after a user has been sent by SMS or sent an email On a link.
“Everyone has a good camera, everyone has a good phone, everyone knows how to capture photos. As soon as they receive an SMS or an email, it is easy to leave, ”said Yaremtso. “We try to give this tool to markets or banks, so that anyone can inspect Super simply and accelerate the sales cycle process.”
