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carValoo GmbH

Dr. Sophie Wei, CTO at the carValoo GmbH
carValoo, car sharing
carValoo, car sharing
carValoo, car sharing

Fleet operators learn about the damage event at the moment it occurs and can take immediate action. Follow-up steps such as damage calculations, workshop visits or maintenance appointments can be initiated immediately. The damage can also be reliably reconstructed, assigned to the causer and any deductibles quickly clarified. On the other hand, a driver who has not discovered and reported previous damage can also be precisely excluded as the person responsible.

carValoo, car sharing

Thanks to detailed analysis by the AI in carValoo, age and running time are no longer the only information on which fleet operators and subsequent buyers can base their decisions. The actual condition of the vehicle can be objectively evaluated at any time. carValoo is immune to negotiating skills or rhetoric - because an AI uses data and thus creates facts.

carValoo, car sharing

"Of course, it's clear that a highway vehicle with 100,000 kilometers on the speedometer is better than a short-haul vehicle with the same mileage," says Nico Schön. "But until now, buyers didn't have an objective measurement tool for that. With carValoo, we're changing that." If a vehicle equipped with the carValoo solution has been consistently well treated, the seller can achieve a fair resale value. The buyer, in turn, knows exactly what he's getting.

carValoo, car sharing

carValoo records the vehicle history. Accidents, jostling, extreme acceleration, unusually sharp braking maneuvers. All this can be registered. The collected damage events can be viewed at any time, as they can be accessed via the cloud regardless of location and viewed via browser using the carValoo WebApp. "Each event has a kind of motion fingerprint," Schön explains. The carValoo algorithm was trained according to the principle of machine learning and learns the movement pattern of a vehicle based on real measured values.

carValoo GmbH

carValoo itself offers various proprietary hardware solutions that can be retrofitted quickly and easily in any vehicle. "The goal we have set ourselves, however, is to be integrated into the vehicles ex works in the medium term, so that no additional hardware is required and the service can simply be switched on," says Dr. Tom Althoff.

carValoo, car sharing

At the beginning of April 2021, carValoo GmbH and TÜV Rheinland signed an agreement to collaborate on digital claims services for fleet operators. The thyssenkrupp startup is thus setting a milestone for the claims management of the future. Based on the carValoo damage reports, TÜV Rheinland will be able to digitally check correlations, determine the amount of damage and offer further expert services if required within a very short time. All data collected by carValoo is transmitted in encrypted form to the company's own cloud environment with the highest security standards. All requirements of the European Data Protection Regulation (EU-DSGVO) are complied with. "As a matter of principle, we only process and analyze vehicle-related data, not personal data," the experts explain. "Our data processing focuses only on the brief moment before, during and after the damage event. The rest of the journey is irrelevant to us and is not considered further."