Comment on Ravin.ai raises $4M to use computer vision for vehicle damage inspections

Ravin.ai raises $4M to use computer vision for vehicle damage inspections

Ravin.ai, an Israel and U.K.-based startup developing AI to autonomously inspect vehicles for damage, has closed a $4 million seed round. The investment is led by Pico Venture Partners, with participation from Shell Ventures and “automotive entrepreneur” Adam Draizin. It marks Shell Ventures’ first Israel investment. Founded in 2018 and based in Haifa and London, Ravin combines computer vision and deep learning to detect and analyse damage in vehicles via standard cameras, such as a smartphone or CCTV cameras.

 

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