$7.5M For Smartphone Startup That Detects Car Damage

An Israeli startup that identifies damage to cars from a smartphone picture has raised $7.5 million.

AI developed by Click-Ins allows rental, insurance, and automotive companies to automatically discover, analyze, process, and evaluate external damages caused to vehicles without the need for special equipment or skilled personnel. 

The AI finds any external damage to any kind of car, based on a smartphone picture, and generates a detailed condition report.

The technology helps prevent insurance fraud and protects customers against overcharges resulting from human errors in manual reports.

The investment was raised by Shlomo Group, Mobilion Fund, and Adar Ltd., and others. Click-Ins will use the funds to expand and develop its product, and collaborate with major customers in the automotive and insurance fields in Israel and beyond.

“We are excited about our latest funding round, especially in light of the industry today,” said Doron Gohar, CEO of Click-Ins.

“This round is an important milestone in the development of the company and is an expression of confidence in the company’s management and in its international business activity on the part of the investors.

“During the last year, Click-Ins has grown significantly, accelerated core product development and signed collaborations with significant customers in the field, including in the North American markets.

“The automotive field is undergoing a fundamental change, becoming smarter and more tech-oriented, affecting related fields.

“We are proud to be a part of this change and to contribute to the development and promotion of the insurance and automotive industry in order to prevent fraud and waste of money, and to enable accuracy and efficiency in outdated and complex processes.”

Click-Ins was founded in 2014, and is based in Netanya, central Israel.