This week has been a busy one for investments flowing into artificial intelligence-fueled technology providers for the auto industry. On Wednesday, Ravin AI, a leader in deep learning vehicle inspection technology, secured its first Australian investment from Firemark Ventures, the corporate venture capital arm of IAG, one of the largest general insurers in Australia and […] [Read More]

TradePending’s newest tool to help dealerships retail more used vehicles quickly impressed Rebecca Balonier, who is internet director at Volkswagen of Elgin in Illinois. Marrying TradePending’s products with data from CARFAX, service history records, window stickers and local market statistics, AutoBio is new a communication platform tied to TradePending’s entire data ecosystem and numerous value-add […] [Read More]

UVeye, which develops automated vehicle-inspection systems, said Tuesday it has landed a $100 million Series D funding round led by Hanaco VC. The round also included participation from existing investors GM Ventures, CarMax, W.R. Berkley Corporation, F.I.T. Ventures L.P. and Israeli institutional investors. UVeye plans to use the Series D funding to build inspection systems […] [Read More]

Eric Keith Wilson is bringing more than three decades of automotive industry experience that includes general manager and director positions with large and smaller dealer groups to SOCIALDEALER. The social media agency chose Wilson as its national sales director so he can oversee all national sales efforts, including OEM relationships, dealers and potential strategic partners. […] [Read More]

The past couple of months have been exciting ones for STELLA Automotive AI. In April, the provider of high-end conversational artificial intelligence technology was among the Emerging 8 honorees highlighted at the Auto Intel Summit. Then on Tuesday, STELLA Automotive AI announced that it closed its seed round of financing. The company secured convertible promissory […] [Read More]

RunBuggy, a tech platform designed to connect car shippers and transporters, said Monday it will launch a pricing engine based on artificial intelligence that is aimed at optimizing pricing for vehicle transport. RunBuggy’s “Torque” analyzes real-time data through advanced algorithms — using data sources like weather patterns, traffic conditions and historical trends — to generate […] [Read More]

Marchex is ramping up its presence in the automotive industry. The artificial intelligence-powered conversation intelligence company recently announced that it has launched Marchex Spotlight for Automotive. Marchex highlighted that this solution can enable automaker and dealer customers to increase revenue by easily identifying failed business-to-consumer conversations that drive instant corrective actions through AI-powered conversational intelligence. […] [Read More]

OPENLANE isn’t the only operation involved in the wholesale market to announce a branding move this week. ShipYourCarNow, a provider of artificial intelligence-powered automotive transport services, has launched the SYCN Auto Logistics brand. The company said the decision was made to describe more accurately the full breadth of technology and logistics solutions it can provide […] [Read More]

Carmigo, one of this year’s Emerging 8 honorees, promoted one of the company’s co-founders to be chief technology officer. Sean Peoples is now CTO after having served as Carmigo’s head developer and head of product. “Sean has been at the center of Carmigo since the day I first pitched him the idea,” Carmigo founder and […] [Read More]

Privacy4Cars continued its journey toward solving privacy challenges posed by vehicle data this week. The privacy-tech company introduced what it believes is a “groundbreaking new tool.” Executives highlighted the Privacy4Cars’ Vehicle Privacy Report can allow consumers to see key privacy facts about a vehicle, including personal information (PI) the manufacturer collects, shares and sells, with […] [Read More]