How much funding has Inspektlabs raised?

Inspektlabs has raised $600K in total funding, most recently a Pre-Seed round.

Who are Inspektlabs's investors?

Inspektlabs's investors include Better Capital, Titan Capital, Snapdeal founders investment office.

When was Inspektlabs founded?

Inspektlabs was founded in 2020.

Where is Inspektlabs headquartered?

Inspektlabs is headquartered in New Castle, Delaware, United States.

What industry is Inspektlabs in?

Inspektlabs operates in Artificial Intelligence, Fintech, Insurtech.

How many employees does Inspektlabs have?

Inspektlabs has 11-50 employees.

Inspektlabs

Automate vehicle inspections with AI in seconds

New Castle, United States · Founded 2020 · $600K raised

Artificial Intelligence

Fintech

Insurtech

Headquarters: New Castle, Delaware
Employees: 11–50
Founded: 2020
Business Model: B2B

Website: inspektlabs.com
Total Funding: $600K
Last Round: $600K Pre-SeedJul 2020
Rounds: 1

About

Inspektlabs is a computer vision technology platform that automates inspections of physical assets — primarily vehicles — using photos and videos. Founded in 2019 by former McKinsey and Zomato employees Devesh Trivedi and Sanchit, the company's AI achieves 95-99% damage detection accuracy and serves insurance companies, fleet operators, car rental companies, and vehicle remarketing firms. Its product suite includes damage detection, claim assessment, fraud detection, photo and video capture, photo quality APIs, vehicle damage scanners, and AI-powered OCR. Inspektlabs has processed over one million inspections and counts Liberty Mutual, BMW, DEKRA, Fixico, Holiday Cars, NTT Data, and Kotak among its clients. The company is backed by Techstars, Barclays, Titan Capital, and Better Capital.

Summary

Inspektlabs is an Artificial Intelligence company based in New Castle, United States, founded in 2020. It has raised $600K in total across 1 round, most recently a $600K Pre-Seed round in Jul 2020. Investors include Better Capital, Titan Capital and Snapdeal founders investment office.