$748K Seed Funding Round Has Detect Auto Ready for Takeoff

Funding Rounds

Summary

The best way to describe how our system works is that weve fed it so much data over the past two years that the network has effectively learned what features we care about tracking, and we use those insights to provide our customers with actionable steps they can take to make improvements.One major disclaimerwe dont use facial recognition in any of our products. Over the past year, weve just cracked 95% accuracy which is something were really proud of.Q: What challenges did Detect Auto face during the initial development of your AI platform, and how were they overcome?A: Its expensive to train your own model, especially if you dont already have specialized hardware like a high-end GPU. They taught us so much about how to obsess over customer feedback, expand our sales pipeline, and properly structure our business so that we could be poised to receive future investment capital. Now, our team has been actively working with our customers to train them how to identify issues quickly and then use our platform to design effective solutions to resolve these issues.Otherwise, the feedback has been largely positive. Weve essentially created a passive monitoring system that identifies inefficiencies in processes and proactively recommends solutions to improve.In the next five years, I want Detect Auto to be the core piece of technology that shops use to manage their operations.

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Amount $748.0K Total raised
Date March 22, 2024 Announcement date
Investors - Lead investors
Company https://www.detectauto.com/ Funded company

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Automotive
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Knowledge Management

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