Fundz

Uveye Series D Funding Round Tops $100 Million For Major Expansion In U.S.

PRIVATEMay 09, 2023

Amount Raised

$100 Million

Round Type

Series D

TeaneckSecurity

Investors

GM VenturesDivvyYotpoDigital OceanF.I.T. Ventures L.P.W.R. Berkley CorporationCar MaxGeneral MotorsHanaco VC

Description

UVeye, a pioneer in the development of automated vehicle-inspection systems for the auto industry, has secured $100 million in additional funding to support major new sales and manufacturing initiatives in North America.

Quick answer

UVeye raised $100 Million in a Series D round, dated May 9, 2023. Investors: GM Ventures, Divvy, Yotpo, Digital Ocean, F.I.T. Ventures L.P., W.R. Berkley Corporation, Car Max and General Motors. UVeye is based in Teaneck, New Jersey, United States.

How much did UVeye raise?
UVeye raised $100 Million in a Series D round on May 9, 2023.
Who invested in UVeye?
GM Ventures, Divvy, Yotpo, Digital Ocean, F.I.T. Ventures L.P., W.R. Berkley Corporation, Car Max and General Motors are named as investors in this round.
What does UVeye do?
UVeye's AI-powered vehicle inspection systems, referred to as an "MRI for vehicles," deliver unparalleled speed and accuracy in identifying mechanical and cosmetic issues.
Where is UVeye based and how big is it?
UVeye is based in Teaneck, New Jersey, United States.
Who are the decision-makers at UVeye?
Fundz holds 1 contact at UVeye. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security around the same time

Companies in the same sectors as UVeye that raised within 45 days of this round, from Fundz verified event records.

  • NineID raised $2.6M (Seed) on June 20, 2023.
  • Nuburu raised $9.2M on June 13, 2023.
  • Escape raised $3.9M (Seed) on June 6, 2023.
  • Keep Aware raised $2.4M (Seed) on June 6, 2023.
  • Pioneer Corporation raised an undisclosed amount on June 5, 2023.
  • Tek84 raised $2.8M (Seed) on May 25, 2023.

Who to call at UVeye, and when

A new round usually means UVeye is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day UVeye raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at UVeye, from your own LinkedIn network

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Company Information

Company

UVeye

Location

Teaneck, New Jersey, United States

About

UVeye's AI-powered vehicle inspection systems, referred to as an "MRI for vehicles," deliver unparalleled speed and accuracy in identifying mechanical and cosmetic issues. The company's suite of underbody scanners, tire analyzers, and 360-degree exterior detection systems has been installed at hundreds of dealerships, fleet sites, and auction lots globally. With key clients like Amazon and General Motors, and strategic initiatives in rental services and seaport inspections, UVeye is shaping the future of vehicle safety and efficiency.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.