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Ravin.ai
Ravin inspects vehicles using everyday mobile or stationary cameras, creating trust in car rental, sharing, sales and insurance
About Ravin.ai
Ravin.ai, founded in 2018 by Eliron Ekstein and Roman Sandler, is a company that has developed an AI-powered platform for vehicle inspections. The founders' backgrounds in business development and technology have been instrumental in shaping the company's trajectory. Ekstein, prior to Ravin.ai, was involved in new business development at Shell’s Digital Ventures, while Sandler brought his technical expertise to the role of CTO.
The company’s core offering is a digital vehicle inspection system that utilizes computer vision and deep learning to detect and assess vehicle damage. This technology can be accessed through mobile devices or stationary cameras, making it a versatile solution for various use cases. The system is designed to create a detailed and objective report of a vehicle's condition, which can be used for insurance claims, fleet management, and vehicle sales.
Ravin.ai operates on a B2B model, catering to clients in the automotive and insurance industries. Its customer base includes car rental companies, fleet operators, and insurance providers. The company’s revenue is generated through subscriptions to its platform, with pricing likely dependent on the scale of use and specific features required by the client.
The platform’s key features include automated damage detection, condition reports, and a centralized dashboard for managing inspections. By automating the inspection process, Ravin.ai aims to reduce the time and cost associated with manual inspections, while also improving accuracy and consistency.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Austin, United States
- Employees
- 44
- Open positions
- None listed
- Dealroom signal
- 65.1/100
- Sub-industry
- Autonomous & Sensor Tech
- Sector
- Transportation, Automotive, Inspection, Core AI, Automotive Inspection, Hard Tech, AI Applications, uk is8 digital and technologies
- Technology
- Artificial Intelligence, Machine Learning, Deep Learning, Computer Vision
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | May 2023 | $0 | — | IAG Firemark Ventures | ↗ |
| SERIES A✓Equity / VC | Mar 2021 | $4M | $75M | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Ravin.ai is 11K monthly website visits, up 115.7% over the last three months. Ravin.ai's team grew 0% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
PICO Partners
Adam Draizin
Shell Ventures
OurCrowd
Series A2 investors entered at this stage
OPENLANE | KAR- FCFM Capital
Series B and later1 investor entered at this stage
IAG Firemark Ventures
Other known investors1 additional known investor
Shell
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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