UVeye Raises $191M in Funding
Summary
The round, which brought the total amount to $380.5M, was led by Woven Capital with participation from UMC Capital and MyBerg along with existing investors W.R. Berkley, Menora Mivtachim, and More Investment House for $41M in equity financing; Trinity Capital structured the $150M debt facility. The company intends to use the funds to expand globally, increase large-scale manufacturing capacity, and strengthen strategic partnerships. Led by CEO Amir Hever, UVeye provides AI-powered vehicle inspection systems, referred to as an “MRI for vehicles,” delivering precise, data-driven insights and accuracy in identifying mechanical and cosmetic issues. Its 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.