MotionsCloud

MotionsCloud is an AI and Computer Vision startup based in Germany, founded in 2016, with a slogan "Damage Assessment Automation Engine for vehicle & property inspection powered by AI computer vision, AR and IoT." The company offers a solution aiming to help property and vehicle insurers streamline and automate claims processes. MotionsCloud's mobile self-service, AI computer vision technologies, damage evaluation, and live video inspection technologies modules can be seamlessly integrated into existing claims systems. This innovative approach results in a reduction of claims cycle time from days to hours, up to a 75% decrease in claims processing cost, and an improvement in customer claims experience. The company has garnered significant attention and investment, with its last investment being a $2.00M Seed Round at 28 April 2022, with participation from a range of investors including SOSV, Artesian, Global Insurance Accelerator, AI Startup Incubator, Look AI Ventures, Net Insurance, Particle Accelerator Limited (ParticleX), and EXCON Services GmbH. Currently, MotionsCloud is catering to clients in the US, Europe, and Southeast Asia, operating in industries such as Insurance, Insurtech, Logistics, Prop Tech, Car insurance, and the Automotive sector.