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ProovStation

60 employees

Operating in 13 European countries, ProovStation is a DeepTech start-up specializing in computer vision. Since 2017, its goal has been to scale up, automate and standardize the automotive inspection process worldwide to automatically estimate repair costs. Its mission is to reduce the total cost of vehicle inspection and increase the efficiency of the entire process to improve the customer and employee experience. ProovStation develops a range of high-tech vehicle scanners which, assisted by a combined array of optical technologies, conduct a 360° scan of the vehicle in just three seconds. This technique covers all angles and analyzes all damages at millimeter scale. The “Station” uses artificial intelligence to detect, measure and locate all of the damages sustained by the vehicle. It then generates a time-stamped, geolocated and secured report. ProovStation customers are subsequently given access to range of SaaS solutions (automatic reconditioning quotes; automatic vehicle pricing for resale; check in/check out, vehicle identification; 2D/3D photo studio; and activity management).

Investor insights

Funding rounds participated in

$11M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Technology, Information and Internet

Sectors

Technology, Information and Internet

Date founded

2018

Funding rounds raised

Total raised

$11M

from 2 investors over 1 rounds

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ProovStation raised $11M on February 25, 2023

Investors: Supernova Invest and + 1 Other investor

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