DC Connected Car GmbH, a Leibi, Germany-based company which specializes in AI-driven remote vehicle diagnostics, closed a €2.1M seed funding.
The round was led by VENPACE, with participation from Borusan Ventures, Atlas Ventures, Network.VC, and existing investors APX, Bloomhaus Ventures, and Business Angels.
The company intends to use the funds to accelerate its international expansion and development of advanced diagnostic tools for roadside assistance, warranty, and repair.
Founded in 2020, DC Connected Car offers an all-in-one solution that combines AI with remote diagnostics to address the shortage of skilled labor in the industry, and their remote diagnostics and advanced AI set new sector benchmarks. AI-driven solutions deliver automated, intelligent insights into vehicle health and performance, providing real-time problem-solution recommendations. This approach minimizes the need for physical inspections/repairs, but also integrates into customers’ lives by offering remote support.
The team behind DC Connected Car includes:
- Dennis Christ, an expert in automotive technology and a certified appraiser, provides precise and reliable diagnostic procedures
- Ralf Schollenberger, who leverages his extensive network and expertise in insurance and the aftermarket to forge strategic partnerships
- Willian Servigna, who specializes in AI and software development, ensures that solutions remain at the forefront of technology.
FinSMEs
07/08/2024