Funding

Revv Launches With $2.1 Million in Funding

NEW YORK — Revv has emerged from stealth mode with the launch of its automotive repair diagnostics platform. Revv’s platform uses AI to help mechanics and service technicians easily diagnose hard-to-identify issues with a car’s advanced driver assistance systems (ADAS), boosting shop revenue and ensuring safety for drivers.

Revv launches with $2.1 million in a seed funding round led by 1984 Ventures with additional funding from Soma Capital, Adapt Ventures, CapitalX, Unpopular Ventures, Pareto Holdings, Misfits Market CEO Abhi Ramesh and LiveControl co-founder Noah Johnson.

ADAS, electronic systems that include key safety features like automatic braking, drowsiness detection and blind spot detection, have become exponentially more technical as cars have evolved. Today, 92.7% of new vehicles in the U.S. have at least one ADAS. During a collision, any physical damage sustained can impact these sensitive systems.

Yet according to Revv’s data, 60% of repair estimates by auto repair shops don’t include ADAS repairs, meaning essential fixes aren’t being made. This makes it a potential safety hazard for customers and a missed revenue-generating opportunity for shops.

“ADAS is an invisible problem. When there’s no light on, mechanics and customers assume there’s no problem,” said Adi Bathla, CEO and co-founder of Revv. “There are over 500,000 unique ADAS procedure combinations based just on variables like make, model, trim package and model year. Multiply that by the thousands of distinct original equipment manufacturer mandated repair procedures for each make and model. Without Revv, it’s too time-intensive for mechanics to sift through that amount of information.”

To properly diagnose problems across these features without automation, repair shops would have to manually gather ADAS operations and procedures from fragmented sources like car manufacturers, aftermarket aggregators and OEM procedures. This has historically been a time-consuming and costly process.

Revv’s software, RevvADAS, transforms extensive vehicle-specific documentation into easily searchable databases and empowers repair shops throughout the country with actionable insights, unlocking previously untapped ROI for shops and ensuring safety for customers.

“ADAS calibration is an ideal market. It’s overlooked, yet fast growing, and will consume the entire auto market in the coming years. Soon, every car on the road will have sensors in need of calibration,” said Samit Kalra, partner at 1984 Ventures. “Revv has experienced strong early traction because it both saves technicians time and generates significant revenue for shops.”