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UVeye

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AI-powered automated vehicle inspection systems for automakers

Teaneck Township, United StatesFounded 2014Transportation

Valuation $500M–1B Last recorded · 2025

Revenue $50–100M Latest reported FY

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About UVeye

UVeye specializes in AI-driven, automated vehicle inspection systems for the automotive industry. Founded in 2016 by brothers Amir and Ohad Hever, the company originated from the idea of creating a more efficient method for security scanning of vehicle undercarriages. The initial concept, developed after observing manual inspections with mirrors, was to use computer vision and deep learning to detect modifications or threats under a vehicle. This security technology was later adapted for automotive applications.

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The company provides a suite of drive-through scanning systems that use a combination of high-resolution cameras, AI, computer vision, and machine learning to detect mechanical issues, cosmetic defects, and other anomalies. Its core products include Helios for underbody inspection, Artemis for tire analysis, and Atlas for a 360-degree exterior scan. These systems can identify a wide range of issues, from fluid leaks and frame damage to tire tread depth and scratches on the body, generating a detailed report within seconds. The technology serves clients such as car dealerships, automotive manufacturers, fleet operators, rental companies, and auction houses. Notable partners and clients include General Motors, Volvo, Toyota, Amazon, and CarMax.

UVeye's business model includes financing its systems for clients, who then pay a monthly fee, reducing their upfront costs and providing the company with a recurring revenue stream. This approach has supported its global expansion, with hundreds of systems installed worldwide. The company has secured significant funding to fuel its growth, with total capital raised reaching $380.5 million as of January 2025. Its headquarters are in Teaneck, New Jersey, with additional offices in Tel Aviv, Munich, and Tokyo.

Source: Dealroom company data