MotionsCloud UG

SoftwareSeedMannheim, Germanymotionscloud.com

Latest round

Seed

Last raised

Jan 2022

Total raised

$2M

Investors

8

About MotionsCloud UG

MotionsCloud UG develops innovative inspection solutions enhancing property and vehicle assessment efficiency.Founded in 2016 in Mannheim, Germany, MotionsCloud UG specializes in inspection solutions. The company has undergone no significant pivots and has no known subsidiaries. Pablo Vu is the founder, and LeX Tan serves as the CEO.MotionsCloud specializes in providing advanced inspection solutions designed to enhance the efficiency and effectiveness of property and vehicle inspection teams. Their core offerings include an AI-based photo assessment engine and a personalized augmented reality (AR) mobile web app. The AI computer vision damage assessment engine processes images captured by users to evaluate and generate detailed inspection reports. This technology is particularly beneficial in the car rental and insurance sectors, where it streamlines the process of damage assessment for vehicles and baggage. The AR mobile web app allows users to conduct inspections without needing to download additional software, thus facilitating a seamless user experience.MotionsCloud generates revenue through a subscription-based model that allows clients, such as insurance companies and rental agencies, to access their platform and utilize its features. The typical transaction structure involves clients paying a recurring fee for access to the AI photo assessment engine and the AR mobile web app, with variable pricing depending on usage levels or additional features. The company offers tailored solutions that enable businesses to integrate these technologies into their existing processes, thus optimizing inspection and claims management workflows. Key products associated with their offerings include the AI Photo App and Remote Video Inspection module, which enhance customer interactions and streamline operational efficiencies. Specific geographic regions targeted for growth include North America and Europe, with plans to launch enhanced features and products that further streamline inspection processes.

Who invested in MotionsCloud UG

8 investors across 2 rounds

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Funding rounds

  1. Seed

    Jan 6, 2022

    Amount

    $2M

    Investors

    Locked

  2. Seed

    Sep 1, 2019

    Amount

    Undisclosed

    Investors

    Locked

Questions about MotionsCloud UG

Who invested in MotionsCloud UG?

MotionsCloud UG has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MotionsCloud UG raised?

MotionsCloud UG has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did MotionsCloud UG last raise money?

MotionsCloud UG's most recent round on record is a Seed, in Jan 2022.

What does MotionsCloud UG do?

MotionsCloud UG develops innovative inspection solutions enhancing property and vehicle assessment efficiency.

Where is MotionsCloud UG headquartered?

MotionsCloud UG is headquartered in Mannheim, Germany.

Which VCs invest in companies like MotionsCloud UG?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at MotionsCloud UG's stage. Their profiles are linked below.

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