Revv Receives $20M in Funding To Expand on Its AI-Powered Auto Repair Tools
Revv, the company behind an AI-powered platform that automates research needed to perform repairs on vehicles with ADAS, has secured $20 million in funding, as announced in a recent press release.
Having served over 30 repair shops before receiving any funding, the company has managed to expand its customer base to more than 2,100 repair locations in sixteen months, and in seven months surpassed seven figures in ARR.
Using advanced large language models, its platform, Revv ADAS, aggregates diagnostic data from over 60 sources to generate repair packages for complex ADAS systems. It covers automatic braking, adaptive cruise control, and lane departure warnings, and more.
The platform is able to integrate with all shop equipment and the full estimation software suite. It also uses feedback received from technicians to expand its knowledge base and improve.
Most recently, Revv introduced auto-quoting and advanced documentation tools to its list of services. Having experienced success in the mechanical repair sector, the company has also acquired distribution agreements to better accommodate their growing customer base in this market.
“Every day, skilled technicians struggled with the myriad of repair procedures and the dense rulesets that vary by make, model, and trim. These challenges weren't just technical; they directly undermined business efficiency and profitability,” said Revv Co-founder and CEO Adi Bathla. “Recognizing the need for a change, we devised a system that exponentially cut down the research time for ADAS repairs.”
