NEW YORK, Oct. 30, 2023 – Revv, a software-as-a-service startup, emerged from stealth mode on Oct. 23 with the national launch of its automotive repair diagnostics platform underpinned by a large language model (LLM). Revv’s platform leverages 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 $2.1M 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. 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. Without Revv, it’s too time-intensive for mechanics to sift through that amount of information.” Revv offers two solutions to make ADAS diagnosis easy. RevvADAS, its core offering, transforms extensive vehicle-specific documentation into easily-searchable databases, empowering repair shops with actionable insights, unlocking previously untapped ROI for them, and ensuring safety for their customers. Its newest product, RevvADAS 360, builds on these core offerings to provide end-to-end management for shop owners with features like CRM, custom services, workflow management, and enhanced billing and invoicing. Enhancing shop revenue streams and customer safety Mike Ambrosino, ADAS Calibration & Diagnostic Team Leader at ADAS Diagnostic Solutions said, "RevvADAS opened a new source of revenue for our ADAS shop. We can run estimates through RevvADAS and create a safer repair for our clients, while driving additional revenue through our door.” RevvADAS has already been implemented in over 250 auto repair shops across the country. Of the estimates processed through the platform to date, over 60% of reports have required ADAS calibrations. On average, shops using RevvADAS generate over $1,200 in undiscovered revenue per estimate. In total across customers, Revv has helped shops generate more than $16M in revenue thus far. “RevvADAS has increased our efficiency in verifying required ADAS services and has helped us drive additional revenue at our shops,” said Matt Braam, Director of Aftermarket Automotive at Ascential Technologies. RevvADAS’ technology AI-powered: RevvADAS was built using a LLM to aggregate data from vehicles across the largest car databases and manufacturer guidelines. The platform makes it easy to search for specific vehicle information by make, model or VIN. Streamlined workflows: RevvADAS integrates with shops’ existing systems to easily identify necessary ADAS calibrations from repair estimates. Users process work estimates into RevvADAS’s software, which automatically identifies necessary calibrations based on repairs done and advanced car build data, shares relevant calibration instructions and generates pricing estimates based on work completed. It supports all major estimating software formats and offers white-labeled reports. Integrated with CCC ONE Secure Share: Access the RevvADAS app through the CCC Secure Share Marketplace for advanced automation. Users can generate the RevvADAS' diagnostics reports from their repair estimates written in CCC ONE without lifting a finger. Automated reports: RevvADAS' desktop client automates estimate data imported from any major estimating platform, ingesting EMS file exports to generate diagnostic reports without manual effort. Insurance compliance: After making repairs, Revv’s reports include the necessary documentation for compliance with insurance companies, ensuring shops get reimbursed for their repairs with minimal administrative work. Flexible pricing: Pricing varies based on usage. RevvADAS offers flexible pricing to cater to shops of all sizes. Elevate the experience with RevvADAS 360 RevvADAS 360 includes all of the features of RevvADAS, combined with enhanced tools for streamlined management for ADAS businesses. With RevvADAS 360, shops can combine all their ADAS software into one single platform. Capabilities include: CRM: Shops keep all customer interactions in one place to gain visibility into each customer’s unique needs and preferences, enabling users to deliver personalized and targeted services. Custom services with pricing per shop account: Every shop has unique services and pricing. Users can create custom services and assign pricing rules by shop to enable auto-quoting. Enhanced service accounts: As in RevvADAS, users can choose between individual or master accounts that enable multi-shop owners to oversee ADAS repairs across several locations. With 360, master accounts can assign multiple service accounts to specific shops, enabling users to only view reports relevant to their designated location. Billing and Invoicing with QuickBooks Integration: Users can streamline financial operations by processing invoices entirely through the RevvADAS 360 platform. This reduces cycle time and ensures faster processing for insurance reimbursement. Rules engine: Users can automate the addition of custom services by shop account and/or make. Workflow management: RevvADAS 360 allows users to view, manage and assign work orders by technician, all within one platform. Bringing innovation to the auto industry Revv was founded by Adi Bathla and Rashmi Sinha, who bring years of experience working at high-growth tech companies including Misfits Market, Macy’s and Walmart, and Microsoft and Pinterest, respectively. AI-driven innovation across tech companies drove them to explore how it could transform more traditionally offline spaces like auto repair shops. About Revv Revv is an AI-enabled software platform built to accelerate diagnostics of necessary repairs to a car's advanced driver assistance systems (ADAS). RevvADAS provides automotive repair shops with a large language model that transforms extensive vehicle-specific documentation into an easily-searchable database, unlocking new revenue streams for shops and ensuring safety for drivers. For more information, visit www.revvhq.com. Press Release Type: Announcement Company: Revv Booth #: 11529 Show Categories: Business Services Collision Repair & Refinish Media Contact Name: LaunchSquad for Revv Media Contact Email: revv@launchsquad.com Media Contact Phone: 2105188638 Photo Gallery: 102821