# UVeye

**Source:** https://www.startuphub.ai/startups/uveye
**Profile type:** Startup

> AI-powered drive-through vehicle inspection system, the "MRI for vehicles", that automatically detects undercarriage, tire, and cosmetic defects for automakers, dealers, and fleets.

## About

UVeye is a computer vision tech company that develops automated inspection systems for vehicles, powered by artificial intelligence and proprietary hardware. Founded in 2016 by Amir and Ohad Hever, our systems have been installed at 100+ sites, including vehicle manufacturers, dealerships, fleet companies, logistical centers, energy, financial, diplomatic, and other sensitive security facilities. In 2019, Toyota Tsusho and Volvo headlined a $31M Series B, joining W.R. Berkley and F.I.T Ventures. In 2021, UVeye secured its Series C round from strategic investors like CarMax and Hyundai Motors, bringing UVeye to a grand total of over $90M in investment capital.As of March 2022, Volvo announced an expansion to their partnership with a long-term program aiming to install UVeye devices in all of its North American dealerships.Each day we are making an impact with technology by harnessing the power of AI to detect vehicle issues or security-related threats in the undercarriage before they cause fatalities. Our mission, every day, is to raise the standard of vehicle inspections to help create better mobility and safer roads.

## Key facts

- **Slug:** uveye
- **Website:** http://www.uveye.com
- **Location:** Teaneck, United States
- **Founded:** 2016-07-01 00:00:00
- **Employees:** 289
- **Operating status:** Active
- **Total funding:** $391M
- **Sectors / tags:** Automotive, Artificial Intelligence, Computer Vision, Vehicle Inspection, Fleet Management, Dealer Technology, Auto Tech, Machine Learning, Hardware, B2B SaaS, Safety Technology, Logistics Technology
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/uveye/

## Frequently asked

### What does UVeye do?

UVeye is a computer vision tech company that develops automated inspection systems for vehicles, powered by artificial intelligence and proprietary hardware. Founded in 2016 by Amir and Ohad Hever, our systems have been installed at 100+ sites, including vehicle manufacturers, dealerships, fleet companies, logistical centers, energy, financial, diplomatic, and other sensitive security facilities. In 2019, Toyota Tsusho and Volvo headlined a $31M Series B, joining W.R. Berkley and F.I.T Ventures.…

### What is UVeye's revenue?

StartupHub estimates UVeye's annual revenue at $74.9M (range $39.7M to $209.8M, 68% confidence), based on comparable companies in the sector.

### What is UVeye's valuation?

StartupHub estimates UVeye's effective valuation at $698.6M (range $489.0M to $908.1M, 36% confidence), based on comparable companies in the sector.

### How much funding has UVeye raised?

UVeye has raised a total of $391M in funding. The most recent round on record is Series E.

### Where is UVeye headquartered?

UVeye is headquartered in Teaneck, United States.

### When was UVeye founded?

UVeye was founded in 2016.

### What industry does UVeye operate in?

UVeye operates in Automotive, Artificial Intelligence, Computer Vision, Vehicle Inspection, Fleet Management, Dealer Technology.

### How many employees does UVeye have?

UVeye has approximately 289 people on record.

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