Click-Ins, a Netanya, Israel-based AI SaaS company that enables the insurance and automotive industry to accurately detect and assess all damages on a vehicle, raised a $7.5 million funding round.
Investors in the round included Shlomo Group, Mobilion Fund, Adar Ltd., the American Scharf Group, Summus VC, and UMI Israel.
The company will use the fresh funds to continue its accelerated growth and to expand and develop its proprietary product.
“The automotive field is undergoing a fundamental change, becoming smarter and more tech-oriented, affecting related fields. We are proud to be a part of this change and to contribute to the development and promotion of the insurance and automotive industry in order to prevent fraud and waste of money, and to enable accuracy and efficiency in outdated and complex processes,” said Doron Gohar, CEO of Click-Ins.
Click-ins is developing an automatic AI-based solution for examining the damage caused to vehicles based solely on images, taken from any mobile device in real-time.
This development allows rental, insurance, and automotive companies to automatically discover, analyze, process, and evaluate external damages caused to vehicles with the highest precision and without the need for special equipment or skilled personnel.
The company’s technology allows users to quickly scan the vehicle using their smartphone camera and create a detailed report about the vehicle's condition.
Company: Click-Ins Ltd.
Raised: $7.5M
Round: Unknown
Funding Month: March 2023
Lead Investors:
Additional Investors: Shlomo Group, Mobilion Fund, Adar Ltd., the American Scharf Group, Summus VC, and UMI Israel
Company Website: https://www.click-ins.com/
Software Category: AI Vehicle Inspections Software
About the Company: Founded in 2014 by Eugene Greenberg, Dimitry Geyzersky, Ronen Abergel, and Zeev Hazan, Click-ins is a next-generation AI SaaS car damage detection and assessment solution. It introduces AI-driven automated technology that completely redefines its category. Click-ins use more than just AI and combine multiple disciplines and sciences, including photogrammetry, 3D modeling, computer vision, and machine learning, to create their patent-pending visual intelligence AI technology. Headquartered in Israel with offices and partners in the USA and Europe, we are trusted by global companies and their customers around the world. The company currently employs 25 people in Israel, the U.S., and Europe.
Source: https://www.calcalistech.com/ctechnews/article/hyzjgq11kh