Self Inspection raises $3M seed funding to expand AI-powered vehicle inspection platform
Self Inspection transforms automotive inspections by automating vehicle assessments with AI, ensuring faster, more reliable condition reports for car rentals, dealerships, and financial institutions.
Company name: Self Inspection
Location: San Diego, CA
Industry: AI-powered automotive inspections
Funding details:
- Amount: $3M (Seed round)
- Investors:
- Co-lead: Costanoa Ventures, DVx Ventures
- Participant: Westlake Financial
Purpose of investment:
- Expand operations and enhance AI-driven vehicle inspection capabilities
- Improve real-time accuracy and efficiency for auto condition reports
Leadership:
- Founder & CEO: Constantine Yaremtso
Product:
Self-Inspection provides an AI-powered vehicle inspection platform that generates standardized condition reports in minutes, leveraging computer vision and advanced AI models.
Key features:
- 99% accuracy in evaluating exterior, interior, tires, and mechanical components
- Real-time automated condition reports for automotive transactions
- Used by top players in the automotive industry
Customers & adoption:
- Avis: Uses Self Inspection to facilitate rental car inspections and transactions; Alaska Rent A Car, Inc. is the first state-wide deployment
- CarOffer (a CarGurus company): Integrates Self Inspection into its vehicle appraisal process
- Westlake Financial: Utilizes the platform for condition reports in trade-ins, re-marketing, and repossession processes
About the company:
Self Inspection transforms automotive inspections by automating vehicle assessments with AI, ensuring faster, more reliable condition reports for car rentals, dealerships, and financial institutions.
Future plans:
With this funding, Self Inspection will further enhance AI accuracy, scale its adoption across the automotive industry, and expand its capabilities to new market segments.
