What Inspektlabs does

Inspektlabs is a private AI software company, founded in 2019 and headquartered in Middletown, Delaware with an operational office in Leiden, Netherlands and an Indian subsidiary (Cvision.ai Analytics Pvt Ltd). It builds computer-vision-based vehicle inspection software that detects damage across 163 vehicle parts and 21 damage types with 95-99% accuracy, using models trained on 30M+ real-world images and videos. The platform combines four core modules — damage detection, claim assessment (15 intelligent modules with local pricing), fraud detection, and OCR — delivered via REST API, a web-based capture app, or fixed-camera hardware systems (Inspekt Box360, Pillars, WallScan) capable of processing up to 120 vehicles per hour.

The company monetizes through a mix of per-inspection usage pricing, annual enterprise subscriptions, one-time API integration fees, and hardware unit sales. Go-to-market is sales-led and enterprise-focused, with white-label deployment options, channel partnerships (Mitchell, GT Motive, Plug and Play), and ecosystem access via the Guidewire Insurtech Vanguards program and AWS/Microsoft cloud alliances. Target verticals span motor insurance (FNOL, claims, underwriting), automotive aftermarket, car rental and leasing, fleet management, and vehicle remarketing. Named customers include Liberty Insurance, Zurich, Universal Sompo, Generali Portugal, DEKRA, BMW, Toyota, Nissan, Fixico, HolidayCars, NTT Data, APG, and Solidarity. The company reports 10M+ cumulative inspections across 30+ countries and claims $1B+ in customer inspection-cost savings, and is backed by Techstars, Barclays, Titan Capital, and Better Capital. ISO 27001 certified and GDPR compliant.

Name

Inspektlabs

Legal name

Inspektlabs Inc.

Website

https://inspektlabs.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Inspektlabs is a private AI software company that provides computer-vision-based vehicle inspection and damage detection for motor insurers, automotive firms, fleet operators, rental companies, and remarketers via API, web app, and fixed-camera hardware.

Ownership category

akta.pro rank

Product category

AI Vehicle Inspection Software

NAICS

Other Measuring and Controlling Device Manufacturing (334519)

SIC

Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Claims Management & Digital FNOL Platforms (FSAGAGAC)

akta.pro secondary industries

Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE), Fraud, Waste & Abuse (FWA) Detection & SIU Support (BPAAAFAH), Industrial Vision & Quality Inspection (HDAAAEAG)

Keywords

• Vehicle damage detection
• AI vehicle inspection
• Insurance claims automation
• Computer vision software
• Automated damage assessment

Headquarters

HQ city

Middletown

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Supply Chain, Operations

Revenue model

1. Per-Inspection Pricing: Usage-based model where customers pay per inspection conducted. Pricing varies based on volume of monthly inspections. This is the primary revenue stream for the AI-powered vehicle inspection platform.
2. API Integration Services: One-time integration fee charged during onboarding to connect Inspektlabs with customer systems including claims management platforms, fleet systems, and dealer systems via REST API and webhooks.
3. Claim Assessment with 15 Intelligent Modules: AI-powered claim assessment generating precise claim values in seconds using 15 intelligent modules integrated with local part costs and labor rates. Reduces claim processing time by 70%.
4. Vehicle Damage Scanners (Hardware): Sale/deployment of Inspekt Box360, Inspekt Pillars, and Inspekt WallScan fixed camera inspection systems. Pricing varies based on configuration, camera setup, number of cameras, and deployment region.
5. Photo Quality API Credits: API access through credit purchases on the platform for photo quality validation. Can be bundled with damage detection app.
6. OCR Text Extraction: AI-powered OCR for extracting VIN, odometer, license plates, and dashboard information from vehicle photos with up to 95% accuracy.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Inspektlabs provides an AI-powered vehicle inspection software platform that uses computer vision to detect damage across 163 vehicle parts from smartphone photos and videos or fixed-camera scans, and to automate insurance claim assessment and fraud detection. The platform is sold primarily to motor insurers, automotive OEMs, fleet operators, rental/leasing companies, and vehicle remarketers via API integration, white-labeled apps, and optional drive-through inspection hardware. Revenue is generated through per-inspection usage fees, recurring subscriptions for claim assessment and OCR, a one-time integration fee, and unit-priced fixed-camera hardware.

Product overview

Inspektlabs offers an AI-powered vehicle inspection platform with a modular architecture. The core platform provides damage detection across 163 vehicle parts using computer vision trained on 30M+ images. Key products include Damage Detection (core product), Claim Assessment (module for automated repair cost estimation), Fraud Detection (module for real-time fraud prevention), Photo & Video Capture App (customer-facing inspection tool), Photo Quality API (quality validation API), AI-powered OCR (text extraction module), and Vehicle Damage Scanners (Inspekt Box360, Inspekt Pillars, Inspekt WallScan - fixed camera systems). These solutions serve the insurance, automotive, fleet management, car rental, and vehicle remarketing industries through both smartphone-based and fixed camera inspection methods.

Differentiator

Problem solved

Functional benefit

Products and services

• Damage Detection AI-powered vehicle damage inspection solution that detects scratches, dents, cracks, and micro-damages across 163 vehicle parts in seconds with 95-99% accuracy, trained on 30M+ real-world images; targets motor insurers, fleet operators, rental/leasing companies, and remarketers.
• Claim Assessment AI-powered claim assessment automation that calculates accurate repair estimates using 15 intelligent modules integrated with local part costs and labor rates; generates precise claim values in seconds and reduces processing time by 70% for insurers.
• Fraud Detection Real-time vehicle fraud detection that identifies digitally altered images, prior damage concealment, photo manipulation, metadata tampering, vehicle switching scams, sticker-covered damage, and suspicious patterns; protects insurers from inflated and fraudulent claims.
• Photo & Video Capture App Web and white-labeled smartphone app for high-quality 360-degree photo and video capture with a guided capture system ensuring consistent documentation across inspections; supports API integration into native apps.
• Photo Quality API REST API that validates image quality in real time during vehicle inspections, checking blur score, brightness, angle detection, part identification, vehicle model recognition, and completeness; reduces rework by 60% and can be bundled with the damage detection app.
• Vehicle Damage Scanners (Inspekt Box360, Pillars, WallScan) Fixed-camera AI vehicle inspection systems that perform drive-through automated inspections at up to 120 vehicles per hour, including the Inspekt Box360 (compact 360-degree setup), Inspekt Pillars (4-pillar system), and Inspekt WallScan (wall-mounted); available with optional Zebra Lights, Underbody Scanner, and Tire Tread Scanner modules.
• AI-powered OCR Proprietary AI OCR technology that extracts VIN numbers, license plates, odometer readings, and dashboard indicator information from vehicle photos with up to 95% accuracy, including under varied angles and lighting conditions; validates VIN format automatically.

Quantifiable outcome

• 10M+ inspections conducted across 30+ countries
• +13 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability9 records

Feature15 records

Partnerships

Four partnerships are on record, tiered core and minor.

• GuidewirecoreStrategic or Co-development PartnerInspektlabs joined the Guidewire Insurtech Vanguards program, an initiative led by Guidewire (NYSE: GWRE) to help property and casualty insurers learn about Insurtech solutions and how to best leverage them for digital transformation.
• AWS (Amazon Web Services)coreTechnology or IntegrationAWS is listed as a technology partner, indicating cloud infrastructure integration for Inspektlabs' AI vehicle inspection platform.
• MicrosoftcoreTechnology or IntegrationMicrosoft is listed as a technology partner, indicating cloud infrastructure or AI services integration for the vehicle inspection platform.
• Plug and PlayminorGTM or Marketing PartnerPlug and Play is shown as a partner, indicating participation in their innovation/accelerator platform for startups.

Scale indicators20 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Mitchell International: Mitchell provides claims management, repair estimation, and shop management solutions to the P&C insurance industry and is a partner of Inspektlabs. Its Intelligent Estimating and collision repair ecosystem overlap with Inspektlabs' claim assessment use cases for the same insurance customers.
• Guidewire Software: Guidewire is the dominant P&C insurance core platform and runs the Insurtech Vanguards program in which Inspektlabs is a partner. While not a direct competitor in damage inspection, it represents the broader ecosystem Inspektlabs must integrate with to access insurers' claims workflows.
• Solera / Audatex: Solera owns Audatex, a global leader in collision repair estimating and vehicle data for insurers and repairers. It competes with Inspektlabs' claim assessment module for insurer claims cost-estimation RFPs and complements the partner ecosystem for parts and labor pricing.
• CCC Intelligent Solutions: CCC is a large, established provider of claims management, estimating, and total loss workflows for auto insurers in North America. Inspektlabs competes directly with CCC's intelligent vehicle inspection capabilities for insurer RFPs and integrates with CCC-adjacent ecosystems (e.g. Mitchell).

Direct peers

• Snapsheet: Snapsheet provides claims management automation, appraisal, and AI-enabled damage detection for insurance carriers. It competes for the same insurer digital transformation budgets as Inspektlabs, with comparable AI inspection and FNOL virtual claims capabilities.
• Ravin AI: Ravin AI provides AI-based vehicle condition assessment using existing CCTV and smartphone imagery for fleet, rental, and insurance. Like Inspektlabs, it focuses on automated vehicle inspection but targets a broader set of use cases and is often deployed at fixed-camera fleet sites.
• Tractable: Tractable is the most direct competitor, offering AI-powered vehicle damage assessment and insurance claims automation using computer vision. Both companies target motor insurance claims, fleet, and recovery workflows with similar damage detection and estimation capabilities.
• Claim Genius: Claim Genius delivers AI-based vehicle damage assessment and claims automation to insurance carriers globally. It overlaps with Inspektlabs' claim assessment and FNOL use cases for motor insurers, particularly in North American and European markets.
• Click-Ins: Click-Ins offers AI-driven vehicle damage detection and assessment for insurers and fleets using smartphone photos. It targets the same FNOL and pre-inspection workflows as Inspektlabs with a comparable photo-based AI approach for motor insurance customers.

Regional players

• Caruso (Caruso GmbH): Caruso provides a vehicle data and claims platform widely used by insurers and repairers in German-speaking markets, where Inspektlabs also has customers (e.g. Generali Portugal, DEKRA). Both compete for European insurance and aftermarket data standardization, though Caruso is primarily DACH-focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/inspektlabs

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Inspektlabs