Ravin Ai Secures Investment From Iag Firemark Ventures To Provide Ai-Powered Vehicle Inspection Solutions For Retail Customers & Commercial Fleets
Ravin Ai Secures Investment From Iag Firemark Ventures To Provide Ai-Powered Vehicle Inspection Solutions For Retail Customers & Commercial Fleets
05/11/23, 3:01 AM
Location
londonIndustry
automotive
machine learning
artificial intelligence
Investors
Firemark Ventures
Ravin AI, a leader in deep learning vehicle inspection technology, secured today its first Australian Investment from Firemark Ventures, the corporate venture capital arm of IAG, the largest insurer in Australia and New Zealand.
Company Info
Location
london, ontario, canada
Additional Info
Ravin AI is an international provider of automated artificial intelligence solutions for vehicle inspections serving diverse fleet, insurance, and remarketing customers around the world. Unlike other marketplace solutions, Ravin does not require its customers to purchase or install dedicated hardware but rather uses mobile and CCTV cameras. Ravin AI was founded in 2018 by Eliron Ekstein and Roman Sandler, and has raised $30M to date from investors including KAR Global (owner of ADESA auctions, AutoVIN inspection and more), PICO Venture Partners, FM Capital, and Shell Ventures. Strategic partners include Toyota Financial. For more information, visit Ravin.ai.