Driveroo, a Burlingame, CA – based digital automotive network that enables fleets to conduct specific, AI guided, thorough digital inspections of vehicles, closed a $3.1m seed funding.
The round was led by Zack Rinat, along with other institutional investors, including WS Investments.
In addition to the funding, Rinat will join Driveroo as Co-Founder and Executive Chairman, transitioning from his previous role as a strategic advisor.
The company intends to use the funds to accelerate sales, marketing, customer experience.
Led by CEO, Leo Sigal, Driveroo is a digital automotive network that enables fleets to conduct specific, AI guided, thorough digital inspections of vehicles. In case of inspection failure or need for any servicing, the solution optimally directs drivers to a pre-qualified repair shop in the Driveroo on-demand shop network.
The company utilizes mobile technology and machine learning to service, inspect, and maintain vehicles, and to determine the likelihood of specific maintenance issues, based on the type of car and its specific history. With a family of mobile applications powered by proprietary technology (Turbographics™), Driveroo currently serves auto repair shops, auto dealerships, and fleets managers of short-haul delivery services, car/ride sharing services, and other businesses that need to maintain multiple vehicles.
The company currently works with more than 60 auto service shops, and has completed over 8,000 vehicle inspections for technicians and fleet managers.