UVeye

UVeye was founded in 2016 by Amir Hever and Ohad Hever. Headquartered in Tel Aviv with a US presence centered in New Jersey, the company develops drive-through hardware and computer vision software for automated vehicle inspections. UVeye is a private company; its most recently disclosed funding was a $100 million Series D in May 2023, which valued the business at approximately $800 million. Investors include strategic automotive players such as GM Ventures, CarMax, Volvo Cars, and Hyundai Motors.

The company builds and deploys stationary, drive-through inspection arches equipped with high-resolution cameras and sensors. As a vehicle drives through the system, computer vision models analyze its physical condition to detect anomalies. The system replaces manual human inspections, generating condition reports in seconds. Buyers of this system include automotive dealerships, used vehicle retailers, and commercial fleet operators. The hardware is typically paired with a software subscription model.

UVeye’s hardware portfolio consists of three main product lines. Helios is an undercarriage scanner designed to detect fluid leaks, exhaust damage, and structural frame issues. Artemis focuses on tires, measuring tread depth and identifying sidewall damage. Atlas provides a 360-degree exterior scan to log body damage, scratches, and dents.

UVeye competes with other automated vehicle inspection companies such as ProovStation, DeGould, and Ravin AI. While companies like Ravin AI focus more on mobile or smartphone-based software apps, UVeye targets enterprise clients with heavy, fixed-location hardware installations. The company has secured notable deployment contracts, including a nationwide rollout across General Motors dealerships in the United States and a partnership with Amazon to inspect its fleet of delivery vans at logistics stations.

The company’s R&D, engineering, and global headquarters are located in Tel Aviv. The Israeli site focuses primarily on developing the core computer vision algorithms, deep learning models, and software backend that power the hardware scanners. Go-to-market and field deployment operations are heavily concentrated in the US, where the bulk of the dealership and fleet customers are located.