UVeye is a computer vision company which creates automatic inspection systems for vehicles. 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 service 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.
Inefficient vehicle inspections can result in minor vehicle malfunction or significant danger to the driver and their surroundings.
UVeye’s drive through products detect and expose any type of mechanical or exterior issues below or around the vehicles and on the tires. UVeye's platform supports efficient and easy collaboration throughout the automotive value chain, while reducing the need for heavy lifts and machinery as well as the reliance on manual inefficient operations.
$92M
140
Amazon has announced during Nov 2023 that it will deploy UVeye's technology in hundreds of last mile delivery locations across the USA, Canada, UK and Germany. UVeye's devices are installed at Amazon Prime locations to find issues at the start and end of each day and ensure predictive maintenance for mechanical and safety issues while providing a working tool to delivery service providers and drivers. UVeye systems detected 96% of vehicle grounding issues vs. 24% in manual inspections