Revv Secures $20M Investment to Continue Roll Out of Award-Winning AI Platform

Revv’s platform simplifies complex repair procedures, maximizing vehicle safety while uncovering hidden profit centers for shops.

Revv-investment-funding-Left-Lane-Capital

Revv announced it has secured more than $20 million in funding, led by Left Lane Capital, with continued participation from Soma Capital, 1984 and Agalé Ventures.

Revv developed its platform to help the auto repair industry adapt to the sophisticated needs of Advanced Driver Assistance Systems (ADAS), which are now standard in 92% of new vehicles.

The platform leverages advanced large language models to condense hours of diagnostic research into seconds, aggregating data from more than 60 sources to provide clear, actionable repair packages for complex ADAS systems like automatic braking, adaptive cruise control and lane departure warnings.

The hardware-agnostic system integrates with all shop equipment and the full estimation software suite, ensuring immediate access to diagnostic information. Additionally, the embedded feedback loop from technicians enables continuous self-learning and improvement.

Revv ADAS Plus recently won the New Product Award in the Advanced Driver Assistance System (ADAS) Product category at the 2024 SEMA Show. Revv ADAS Mechanical was also a finalist in the category.

Revv was born in an auto repair shop, where founder Adi Bathla, an early product leader at Misfits Market, observed the difficulties technicians faced with increasingly software-dependent vehicles. Together with Rashmi Sinha, an engineer with a shared passion for modernizing offline industries, they developed a platform that not only tackled the technical demands, but also captured the invaluable, intricate OEM data sitting in the brains of the most experienced technicians.

This foundation enabled their initial product to rapidly gain traction, servicing more than 30 auto repair shops prior to taking on any funding.

"Every day, skilled technicians struggled with the myriad of repair procedures and the dense rulesets that vary by make, model and trim,” said Bathla, now CEO of Revv. “These challenges weren't just technical; they directly undermined business efficiency and profitability. Recognizing the need for a change, we devised a system that exponentially cut down the research time for ADAS repairs."

In just 16 months, Revv has expanded to 2,100+ repair locations and, in under seven months, surpassed seven figures in annual recurring revenue, with continued double- to triple-digit quarter-over-quarter growth since.

The platform's ability to identify ADAS repair opportunities at the beginning of repair workflows has enabled shops to capitalize on these opportunities and boost revenue for vehicles already on site. Shops of all specializations and sizes, including body; collision; paint, dent and repair (PD&R); and calibration and mechanical, report dramatic results.

For example, one early adopter expanded from one location to 37 shops in four months, while another increased revenue by 75% in nine months by making ADAS repairs a core part of their business model with the platform’s support.

“Whether you are a small shop or a large MSO, whether you are an ADAS specialist, static or mobile, you have to through a lot of changes,” Bathla told Autobody News after winning the award at SEMA. “We’re here to support wherever you are, whatever type of business you are, whatever you have in your tech stack.”

“RevvADAS has quickly become an indispensable tool for us,” said Mike Stuver, COO of Complete Collision Solutions, a Texas-based repair services company. “The whole experience has been positive, from ease of setup to ease of use. It’s rare to see such quick adoption with new technology, but that has been the case for us.”

“After an extensive market analysis of AI applications that genuinely solve problems and add value to end customers, Revv is among the strongest we’ve seen,” said Dan Ahrens, managing partner at Left Lane Capital. “They’ve built a solution that demonstrates a deep understanding of industry needs, positioning them as an essential platform for modern vehicle repairs. Their team is exceptional, and we are excited to partner with them long term.”

Revv is expanding its capabilities with the recent introduction of auto-quoting and advanced documentation tools. Additionally, following successful trials in the mechanical repair space, the company has secured distribution agreements to supercharge its presence in this new market segment.

But Bathla has no plans of stopping there. "Our vision extends beyond diagnostics," said Bathla. "We are committed to building a comprehensive 360-degree repair solution that serves shops of all sizes globally. By maximizing value at each location, we aim to help the entire repair industry navigate the increasing complexity of modern vehicles, ensuring safer cars and supporting repair shops to thrive in this new era."

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