This document discusses vehicle transactions and inspections. It notes that over 80 million vehicles are sold annually worldwide, 250 million people use rental cars, and over 500 million vehicles undergo inspections each year. The document introduces Ravin, an AI platform that aims to automate vehicle inspections using everyday cameras to detect damage and ensure vehicles are safe. Ravin's goal is to create trust in all vehicle transactions by accurately detecting issues.

1. Trusted vehicle transactions
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3. Private & Confidential
How many times
do cars change hands annually?
Car Rentals - worldwide. (n.d.). Retrieved October 26, 2019, from https://www.statista.com/outlook/270/100/car-rentals/worldwide
Scotiabank. (June 30, 2019). Number of cars sold worldwide from 1990 to 2019 (in million units) [Graph]. In Statista. Retrieved October 26, 2019, from https://www.statista.com/statistics/200002/international-car-sales-since-1990/

4. Private & Confidential
How many times
do cars change hands annually?
80m
vehicle sales
Car Rentals - worldwide. (n.d.). Retrieved October 26, 2019, from https://www.statista.com/outlook/270/100/car-rentals/worldwide
Scotiabank. (June 30, 2019). Number of cars sold worldwide from 1990 to 2019 (in million units) [Graph]. In Statista. Retrieved October 26, 2019, from https://www.statista.com/statistics/200002/international-car-sales-since-1990/

5. Private & Confidential
250m
rental car users
How many times
do cars change hands annually?
80m
vehicle sales
Car Rentals - worldwide. (n.d.). Retrieved October 26, 2019, from https://www.statista.com/outlook/270/100/car-rentals/worldwide
Scotiabank. (June 30, 2019). Number of cars sold worldwide from 1990 to 2019 (in million units) [Graph]. In Statista. Retrieved October 26, 2019, from https://www.statista.com/statistics/200002/international-car-sales-since-1990/

6. Private & Confidential
250m
rental car users
How many times
do cars change hands annually?
80m
vehicle sales
Car Rentals - worldwide. (n.d.). Retrieved October 26, 2019, from https://www.statista.com/outlook/270/100/car-rentals/worldwide
Scotiabank. (June 30, 2019). Number of cars sold worldwide from 1990 to 2019 (in million units) [Graph]. In Statista. Retrieved October 26, 2019, from https://www.statista.com/statistics/200002/international-car-sales-since-1990/
>500m
vehicle inspections

7. Private & Confidential
How likely is this
car to be
damaged?

8. Look closer
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Unsafe to drive
Internal bumper collapse
Total cost $2,500

9. Private & ConfidentialPrivate & Confidential
A vehicle incurs damage every 5 seconds
How can we ensure those 500m inspections find them?

10. Our vision
One platform for all vehicle
transactions
Ravin creates trust where vehicles
operate or change hands, by
inspecting their condition using
everyday cameras and artificial
intelligence.

11. Millions of vehicles are rented, delivered and insured
every year, requiring continuous inspections
Rent, share & lease Vehicle delivery,
auction & sales
Insurance
Market size
Automated
inspection
revenue
opportunity
$80-100B $100B $400B
US+Europe US used car auction only US+Europe
* Analysis by Ravin & Pico Venture Partners
$600B
$1.8B
Detect & recover more damage in time
Cut down inspection time & cost
Enable accurate vehicle valuation

12. Private & Confidential
A team of automotive experts and computer vision scientists
Board
Management
Elie Wurtman
Managing Partner, PICO Venture
Partners
Chairman, Vroom Inc
Adam Draizin
Co-founder, American Traffic
Solutions (sold to Verra Mobility)
Roger Hunter
Vice President, Digital Businesses
Shell International
Eliron Ekstein
Co-founder & CEO
Ex-CEO of multiple
digital ventures
Dr. Roman Sandler
Co-founder & CTO
Machine learning lead,
Shutterfly, Yahoo!
Dr. Alexander Kenis
Chief Science Officer
Co-founder & CSO,
Photoccino (sold to
Shutterfly)

13. Commercial traction across the auto value chain, powered
by the world’s fastest-growing vehicle damage dataset
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Total events
to date
Damage
detected
1,000,000
800,000
600,000
400,000
200,000
100,000
50,000
Q4 2018 Q1 2019 Q2 2019 Q3 2019
Vehicle events*
* Vehicle events = vehicle passing through Ravin cameras, or mobile phone scan of full
vehicle

14. Private & Confidential
Reporting via web/app/direct
API into customer flow
Analysis ReportingAcquisition
360 view & auto-corrections
for angles & disruptions*
Matching & damage exposure
Expert labelling** & deep learning
How the inspection platform works
proprietary algorithms - ** / *
Private & Confidential
Seamless Drive through
CCTV cameras
Mobile walk-around
13

15. Private & Confidential
This is how we acquire images -
sometimes using existing cameras
Private & Confidential
14
Mobile walkaround (under 1 min)
4 standard security cameras for
seamless drive-through

16. A 360 model is rendered
in real time - no need for
vehicle prior data
Allows accurate damage
capture
● Position
● Size (below 0.5’’)
● Type (dent/scratch
etc)
● Repair
recommendation
● Value impact
Detect damage

17. Reporting via mobile or web dashboard allowing
claim processing and repair

18. Ravin is differentiated by being the only solution capable of analysing
the full 360 vehicle condition without using bespoke hardware
Private & Confidential
Existing solutions
Autonomous end-to-end
Uses the car itself for modelling -
capable of detecting & diagnosing
damage even on unseen vehicle
Standard, off-the-shelf cameras or
mobile phones - adapting to normal
vehicle activity and quick damage
recovery
Manual or human assisted
Relies on heavy databases of
previous damages / vehicles,
expensive to run
Rigid ‘vehicle scanners’
Requiring special cameras,
lighting and physical barriers
(gates, tunnels)
Fully automated
Existing solutions
Flexible and
efficient
machine
learning
No special
hardware

19. Private & Confidential
eliron@ravin.ai
Get in touch

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