What is UVeye?
UVeye specializes in high-speed, AI-powered vehicle inspection systems that function as an MRI for automobiles. The company's proprietary suite of underbody scanners, tire analyzers, and 360-degree exterior detection systems provides unparalleled accuracy in identifying mechanical and cosmetic defects. By deploying these solutions across dealerships, fleet management sites, and auction lots, UVeye has established a robust footprint with major industry players such as Amazon and General Motors. The company's technology is fundamentally transforming how the automotive industry approaches vehicle safety, maintenance efficiency, and asset valuation in real-time.
The company's growth trajectory is marked by a series of strategic funding rounds, beginning with its initial seed financing in 2017. Over the subsequent years, UVeye has successfully scaled its operations through Series A, C, and D rounds, culminating in recent private equity and debt financing. This progression reflects a clear transition from early-stage development to a mature enterprise-level operation capable of supporting large-scale industrial and commercial deployments.
How much funding has UVeye raised?
UVeye has raised a total of $386.5M across 6 funding rounds:
Angel/Seed
$4.5M
Series A
$31M
Series C
$60M
Series D
$100M
Debt
$150M
Private Equity
$41M
Angel/Seed (2017): $4.5M with participation from Ahaka Capital and SeedIL Ventures
Series A (2019): $31M led by Berkley, Toyota Tsusho, and Volvo Cars
Series C (2021): $60M supported by FIT Ventures, Car Max, and W.R. Berkeley
Series D (2023): $100M featuring CarMax, F.I.T. Ventures, GM Ventures, Berkley, and Hanaco
Private Equity (2025): $41M backed by W R Berkley Insurance Norway NUF, Umc Capital, MyBerg, Woven Capital, More Investment House, and Menora Mivtachim
Debt (2025): $150M with participation from Trinity Capital
Key Investors in UVeye
GM Ventures
GM Ventures focuses on investing in automotive-related technology startups while leveraging General Motors' support to foster innovation in transportation, aiming for a future of zero emissions and zero crashes.
Toyota Tsusho
Toyota Tsusho Corporation is the Toyota Group's general trading company, developing diversified businesses across global automotive, machinery, and logistics sectors.
Trinity Capital
Trinity Capital provides debt and equity solutions to growth-stage companies, specializing in supporting innovative businesses through critical phases of expansion.
What's next for UVeye?
With the infusion of $41M, UVeye is well-positioned to accelerate its global expansion and deepen its integration into the automotive supply chain. The company is expected to focus on scaling its presence in seaport inspections and rental service sectors, where automated diagnostic accuracy is paramount for operational efficiency. Furthermore, the continued support from strategic partners like GM Ventures and Toyota Tsusho suggests a long-term roadmap centered on zero-emission and zero-crash initiatives. As UVeye continues to refine its AI algorithms, the company is likely to explore new frontiers in predictive maintenance, further cementing its role as an indispensable partner for fleet operators and automotive retailers worldwide.
See full UVeye company page
