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Inspektlabs - About the company

Inspektlabs is a seed company based in New Castle (United States), founded in 2019 by Devesh Trivedi, Rekha Trivedi and Sanchit NA. It operates as a Provider of AI-powered solutions for vehicle damage inspection and assessment. Inspektlabs has raised $1.05M in funding from investors like Barclays, Wellfound and Titan Capital, with a current valuation of $*****. The company has 1229 active competitors, including 170 funded and 64 that have exited. Its top competitors include companies like AInnovation, Ambarella and Shift Technology.

Company Details

Provider of AI-powered solutions for vehicle damage inspection and assessment. The company offers automated tools to analyze vehicle images and videos. These tools generate detailed inspection reports. The reports include damage detection and claim value estimates. The technology supports various industries, including insurance, fleet management, and car rentals. It facilitates remote inspections and streamlines damage assessment workflows.
Social
X
Email ID
*****@inspektlabs.com
Phone Number
+1 **********
Registered Address
C/O SH.L.R. TRIVEDI SHOP AT-BG-8-205 S/F PASCHIM VIHAR RIGHT SIDE PORTION, West Delhi, NEW DELHI, Delhi, India, 110027
Key Metrics
Founded Year
2019
Location
New Castle, United States
Stage
Seed
Total Funding
$1.05M in 4 rounds
Post Money Valuation
$***** as on Aug 26, 2019
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
80 as on Sep 30, 2026
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Inspektlabs's funding and investors

Inspektlabs has raised a total funding of $1.05M over 4 rounds. Its first funding round was on Aug 26, 2019. Its latest funding round was a Grant (prize money) round on 2022 for $*****. 1 investor participated in its latest round. Inspektlabs has 12 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Inspektlabs:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2022
2448
Grant (prize money)
4838
5863
3166
5151
Jun 03, 2020
8377350
Seed
7446300
3979501
5298578
Jan 27, 2020
6640049
Seed
7575384
7813332
1939367
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Inspektlabs' founders and board of directors

Founder? Claim Profile
The founders of Inspektlabs are Devesh Trivedi, Rekha Trivedi and Sanchit NA. Devesh Trivedi is the CEO of Inspektlabs.
Here are the details of Inspektlabs' key team members:

Inspektlabs' Board of Directors

Inspektlabs's board has 3 active members. Devesh Trivedi, Rekha Trivedi and Rekha Trivedi are part of team.
Here is the list of Inspektlabs' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 7m
Team
-
Current
7y 7m
Team
-
Current
7y 7m

Inspektlabs' employee count trend

Inspektlabs has 80 employees as of Sep 26. Here is Inspektlabs's employee count trend over the years:
Employee count trend for Inspektlabs
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Inspektlabs's Competitors and alternates

Top competitors of Inspektlabs include AInnovation, Ambarella and Shift Technology. Here is the list of Top 10 competitors of Inspektlabs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for AInnovation
AInnovation
2018, Haidian (China), Public
AI-based software for the retail, manufacturing, and insurance sectors
$132M
70/100
2nd
Logo for Ambarella
Ambarella
2004, Santa Clara (United States), Public
Manufacturer of AI-enabled image processors
$15.4M
69/100
3rd
Logo for Shift Technology
Shift Technology
2014, Paris (France), Series D
Provider of AI solutions for insurance underwriting, claims, and risk
$320M
68/100
4th
Logo for Nect
Nect
2017, Hamburg (Germany), Series B
Solutions for identity verification
$2.7M
66/100
5th
Logo for ABEJA
ABEJA
2012, Minato City (Japan), Public
Provider of digital platforms, AI solutions, and DX support services
$45.5M
66/100
6th
Logo for Consint
Consint
2020, Noida (India), Series A
Provider of AI-driven solutions for healthcare claims, fraud detection, and automation
$5.7M
65/100
7th
Logo for Metropolis
Metropolis
2017, Santa Monica (United States), Series D
Developer of computer vision technology for automated vehicle parking management
$833M
63/100
8th
Logo for Anyline
Anyline
2013, Vienna (Austria), Series B
Provider of a text scanning and recognition app for mobiles
$36M
63/100
9th
Logo for PopID
PopID
2017, Los Angeles (United States), Series B
Provider of face and palm biometric identity verification gateway solutions
$18.5M
63/100
10th
Logo for Ecopia
Ecopia
2013, Toronto (Canada), Seed
Provider of AI-based mapping systems generating high-definition vector data
-
62/100
39th
Logo for Inspektlabs
Inspektlabs
2019, New Castle (United States), Seed
Provider of AI-powered solutions for vehicle damage inspection and assessment
$1.05M
52/100
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Financials of InspektlabsFY 25 Available

CVISION.AI ANALYTICS PRIVATE LIMITED, the legal entity associated with Inspektlabs, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of CVISION.AI ANALYTICS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 85% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
3623
3788
3237
5621
3674
Total Sales
9952
8829
6011
8026
3783
Total Expenses
6197
7047
3476
5383
7213
Operating Expenses
1628
1804
9443
1376
5391
Employee Expenses
3515
6850
7512
2768
3146
Operating Income (EBIT)
6878
3376
8498
5513
7623
Interest Expenses
3716
5769
3499
5807
2478
Expenses from other activities
3608
5374
4129
4768
7179
EBITDA
3740
6571
7543
6380
4379
Taxes
2259
9716
6023
5979
3245
Net Profit
8728
5451
9026
6115
1552
Balance Sheet
Assets
6536
3021
5635
4078
9116
Accounts Receivables
1754
7902
2632
1384
2663
Inventory
8712
2440
9417
8180
4197
Liabilities
4839
5378
1477
8155
5397
Total Debt
1319
2110
1073
2856
1963
Accounts Payable
6058
4090
2801
5419
9924
Equities
6765
2692
9242
1382
6727

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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$10.99$2.53(excl. taxes)
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What documents will you get?
  • Financial Summary & Charts
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Inspektlabs's Latest cap tables and shareholding

Founders (largest shareholder) own 77.56%, Funds own 6.20%, Enterprises own 2.80% and Angels own 13.45%. The net worth of Inspektlabs's founders is INR 11.1Cr as of Aug 26, 2019. The cap table displayed below is for CVISION.AI ANALYTICS PRIVATE LIMITED which is the legal entity associated with Inspektlabs.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
77.56%
11.1Cr
3920137
7444613
5883881
4315334
4121174
4603160
9012615
6078012
1905513
6037082
Fund
6.20%
88.5L
838333
576274
158253
103768
Enterprise
2.80%
40.1L
65
76
45
65
Angel
13.45%
1.92Cr
1044205
2479542
6594567
6842266
111
310
979
967
740
169
Total
100.00%
14.3Cr
8297733
2397731
2997720
1015816
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Inspektlabs's Investments and acquisitions

Inspektlabs has made no investments or acquisitions yet.

Reports related to Inspektlabs

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