Revv Announces M Financing Round

NEW YORK, NY, Revv is thrilled to announce it has secured over $20 million in funding.

As the complexity of modern vehicles escalates, the auto repair industry faces a critical challenge: adapting to the sophisticated needs of Advanced Driver Assistance Systems (ADAS), which are now standard in 92% of new vehicles. Addressing this head-on, Revv is thrilled to announce it has secured over $20 million in funding. The round, led by Left Lane Capital, with continued participation from Soma Capital, 1984, and AgalĀ© Ventures, underscores the industry’s confidence in Revv’s potential to transform auto repair services.

Revv is a B2B SaaS business that’s transforming the auto repair industry with revolutionary AI and machine learning solutions that streamline processes and enhance road safety. Our mission is to pave the way for a safer transportation landscape. Revv ADAS is an AI-powered platform that automates the complex research required to understand ADAS (Advanced Driving Assistance Systems) repairs for auto repair businesses.

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By VC News Daily

Source: VC News Daily