# DC Connected Car

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dc-connected-car

- Industry: Software
- Headquarters: Germany
- Website: www.dc-connected.de
- Total disclosed funding: $2.3M
- Latest round: Seed (Dec 19, 2023)
- Investors on record: 7

## About

DC Connected Car GmbH, located in Germany, specializes in advanced solutions for vehicle maintenance, utilizing artificial intelligence to offer automated, intelligent diagnostics and support.Founded in 2020, DC Connected Car GmbH operates primarily as a technology provider for vehicle maintenance solutions. The company was established by Dennis Christ and Willian Servigna, with Dennis Christ serving as the CEO. Based in Germany, DC Connected raised EUR 2.1 million in Seed funding on December 19, 2023, co-led by Venpace and Borusan Group, contributing to a total amount raised of EUR 2.1 million and a current company valuation of EUR 8.182 million.DC Connected specializes in providing a fully automated and intelligent platform for vehicle maintenance, powered by its core product, JOY, an AI-driven virtual technician. JOY utilizes advanced artificial intelligence and connectivity capabilities to perform digital maintenance of vehicles, enhancing the efficiency of maintenance processes. The platform offers customizable repair and diagnostic knowledge, integrates with connected vehicle diagnostic functions, and interacts with users through chat and voice interfaces. These features are designed to address modern mobility challenges, creating a virtual technician that can proactively resolve issues and support users in real-time. The company targets a diverse client base across various geographical markets, focusing on automotive manufacturers, fleet operators, and individual vehicle owners, ensuring a comprehensive approach to vehicle maintenance solutions in regions such as Europe and North America.DC Connected generates revenue through a subscription-based model that offers ongoing access to its AI-driven maintenance platform and associated services. Clients, including automotive manufacturers and fleet management companies, typically engage in annual contracts that provide them with continuous updates, support, and enhancements to the platform's capabilities. The revenue structure is designed to facilitate B2B relationships, with clients benefiting from tailored service packages that align with their operational needs. This includes access to the flagship service, JOY, and additional features such as remote diagnostics and real-time analytics. By offering a combination of subscription plans, the company fosters a sustainable revenue stream while delivering value to its clients through enhanced vehicle maintenance efficiency and reduced downtime.In December 2023, DC Connected Car GmbH raised EUR 2.1 million in Seed funding, aiming to utilize these resources to accelerate international expansion and develop advanced diagnostic tools. The funding will support the introduction of new products specifically designed to enhance the capabilities of their maintenance platform. The company plans to target expansion into new markets, particularly focusing on North American regions by the end of 2024, thereby broadening its operational footprint.

## Funding rounds

- Seed, Dec 19, 2023, $2.3M — Atlas Venture, Borusan Group, APX, Venpace, Bloomhaus, gr8progress GmbH, Christ Ventures UG

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Seed
- Borusan Group — Seed
- APX (https://capitalatlas.ai/funds/apx) — Seed
- Venpace (https://capitalatlas.ai/funds/venpace) — Seed
- Bloomhaus (https://capitalatlas.ai/funds/bloomhaus) — Seed
- gr8progress GmbH — Seed
- Christ Ventures UG — Seed