AR Automotive Service Startup Car360 Completes $3.5 Million Series A Financing

Auto Service AR Ventures Car360 completed a $3.5 million Series A round of financing led by Atlanta's BIP Capital. Other investors include: Atlanta’s Service Provider Capital and NBA Dallas Mavericks owner Mark Cuba.

Founded in 2015, Car360 mainly develops computer vision technology and augmented reality software for the automotive industry, providing interactive visualization of automotive data. Car360 wants to provide its services to car manufacturers, dealers, professional car photographers, auction houses, survey companies, and insurance companies, allowing customers to sell or check vehicles by using pictures or videos.

Compared to traditional webpage display, Car360 visualizes through AR technology to provide more intuitive pictures, videos, and texture data, which will help drive the automotive industry's sales and maintenance areas and bring more efficient services.