Click-Ins, which develops an AI-based solution for identifying and analyzing visual damages in cars, announced a collaboration with American company OPENLANE, traded on the NYSE (KAR) and operating in the field of wholesale used car sales. The integration of Click-Ins' innovative technology for detecting and analyzing car damages with OPENLANE allows the company's customers to accurately assess the condition of the vehicle.
Click-Ins' technology enables scanning of the car quickly through a smartphone camera and generating a detailed report about the car's condition. Click-Ins' technology uses synthetic data and not OPENLANE customer data, enabling immediate implementation of the solution.
Following a successful pilot at the company's site in Texas, which operated successfully for 3 months, OPENLANE immediately deployed the technology nationwide across the United States. This demonstrates the potential growth the company is capable of achieving, thanks to the rapid and simple implementation of the technological solution they developed.
The deal, worth millions of dollars over a number of years, strengthens Click-Ins' position as a leader in the field of car inspections using artificial intelligence.
"We are very excited about collaborating with OPENLANE, one of the leading companies in their field worldwide," said Eugene Greenberg, CEO of Click-Ins. "This collaboration is a significant milestone for us and promotes our global business activities. Over the past year, we have experienced significant growth - we have advanced our solution portfolio, established new connections with key customers like OPENLANE, and expanded into new markets."
Click-Ins develops an AI-based automatic solution for assessing damages caused to vehicles based solely on images from any mobile device in real-time.
The unique development allows rental companies, insurers, and other companies in the automotive sector to automatically detect, analyze, process, and accurately assess external damages to vehicles without the need for specialized equipment or skilled human resources.
The company uses synthetic data produced by it to identify and accurately analyze external damages to all types of vehicles. Founded in 2014 by Eugene Greenberg, Dimitri Geyzerski, Ronen Avrigil, and Zeev Hazan, the company has raised up to $13.5 million.