... [+]“The confidence that Hanaco VC and our other strategic investors have shown in UVeye will allow us to further scale our operations and introduce industry-first inspection technology at thousands of dealerships, used-car auctions and fleets throughout the United States within the next three years,” said Amir Hever, UVeye co-founder and CEO in a statement.
With this latest cash infusion, since its founding in 2016, UVeye has raised $200 million in investment capital and formed strategic partnerships with numerous automakers, dealership groups and used-car auctions, the company said. variety of problems including frame damage, missing parts and fluid leaks, as well as brake- and exhaust-system issues.Its three inspection systems for use at new- and used-car dealerships, used-car auctions and major fleets are:– An underbody scanner that detects a wide variety of problems including frame damage, missing parts and fluid leaks, as well as brake- and exhaust-system issues.– A system that checks tire quality.
The company has since opened a North American headquarters in Teaneck, N.J. and rapidly expanded availability of its drive-through inspection stations at dealerships and fleets. It also has facilities in Japan and Germany.