# MotionsCloud UG

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/motionscloud

- Industry: Software
- Headquarters: Mannheim, Germany
- Website: www.motionscloud.com
- Total disclosed funding: $2M
- Latest round: Seed (Jan 6, 2022)
- Investors on record: 8

## About

MotionsCloud UG develops innovative inspection solutions enhancing property and vehicle assessment efficiency. With AI-based technology and augmented reality, they streamline the inspection process for various industries, including insurance and rental services.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 raised USD 2.000 mn in Seed funding on January 6, 2022, from investors including Net Insurance S.p.A and SOSV, totaling USD 2.000 mn raised over its funding rounds.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. Clients utilizing these solutions include car rental agencies, insurance companies, and claims management firms primarily in North America and Europe, targeting both B2B and end-user applications.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. The subscription model ensures a consistent revenue stream while enabling clients to leverage technology for damage assessment and reporting.In January 2022, MotionsCloud UG raised USD 2.000 mn in Seed funding to support its expansion efforts. The company plans to leverage this funding to develop new products and expand into additional markets. Specific geographic regions targeted for growth include North America and Europe, with plans to launch enhanced features and products that further streamline inspection processes. The funding will enable MotionsCloud to enhance its existing offerings and introduce innovative solutions that meet the evolving needs of their clients.

## Funding rounds

- Seed, Jan 6, 2022, $2M — SOSV, Artesian, Global Insurance Accelerator, Net Insurance S.p.A, Excon Services Gmbh, Particle Accelerator Limited, Look AI Ventures
- Seed, Sep 1, 2019 — SOSV, Orbit Ventures

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Orbit Ventures (https://capitalatlas.ai/funds/orbit-ventures) — Seed
- Artesian (https://capitalatlas.ai/funds/artesian) — Seed
- Global Insurance Accelerator — Seed
- Net Insurance S.p.A — Seed
- Excon Services Gmbh — Seed
- Particle Accelerator Limited — Seed
- Look AI Ventures (https://capitalatlas.ai/funds/look-ai-ventures) — Seed