Click-Ins, a Netanya, Israel-based AI SaaS company that enables the insurance and automotive industry to accurately detect and assess all damages on a vehicle, raised a $7.5 million funding round

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Investors in the round included Shlomo Group, Mobilion Fund, Adar Ltd., the American Scharf Group, Summus VC, and UMI Israel.

The company will use the fresh funds to continue its accelerated growth and to expand and develop its proprietary product.

“The automotive field is undergoing a fundamental change, becoming smarter and more tech-oriented, affecting related fields. We are proud to be a part of this change and to contribute to the development and promotion of the insurance and automotive industry in order to prevent fraud and waste of money, and to enable accuracy and efficiency in outdated and complex processes,” said Doron Gohar, CEO of Click-Ins.

Click-ins is developing an automatic AI-based solution for examining the damage caused to vehicles based solely on images, taken from any mobile device in real-time.

This development allows rental, insurance, and automotive companies to automatically discover, analyze, process, and evaluate external damages caused to vehicles with the highest precision and without the need for special equipment or skilled personnel.

The company’s technology allows users to quickly scan the vehicle using their smartphone camera and create a detailed report about the vehicle’s condition.

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