DC Connected Car, a trailblazer in AI-driven remote vehicle diagnostics, has closed €2.1 million in seed funding. The round was led by Insurtech fund VENPACE, which backed HealthCaters this round includes contributions from Borusan Ventures, Atlas Ventures, Network.VC, and existing investors APX, Bloomhaus Ventures, and Business Angels.
This fresh capital will fuel DC Connected Car’s international expansion and development of advanced diagnostic tools for roadside assistance, warranty, and repair. The company has seamlessly integrated and digitised expertise across various automotive departments, breaking down silos and enhancing efficiency.
“AI has the potential to revolutionise various automotive areas that Borusan operates in, such as aftersales, fleets, and used car business,” said Timo Kilp, Head of Borusan Ventures. “We believe DC Connected Car’s AI-driven digital technician holds significant promise to accelerate the diagnosis and repair of vehicle issues, further enhancing our customer service.”
“What excites us most about DC Connected Car is the wide range of possible applications for their virtual assistant in the mobility ecosystem. Insurers especially have a high interest in elevating their customer experience by digitising roadside assistance services. In addition, the team has already impressively demonstrated that it has been able to win well-known B2B customers and OEMs as partners,” said Tizian Hoppen of VENPACE.
What does the company do?
Founded in 2020 in Germany by Dennis Christ, Ralf Schollenberger, and Willian Servigna, DC Connected Car provides an all-in-one solution that serves as a virtual vehicle technician. It addresses the complexities of modern vehicle generations and labour shortage by enabling automated and intelligent diagnostic and repair processes.
DC Connected Car’s virtual technician platform addresses the shortage of skilled labour in the industry, and their remote diagnostics and advanced AI set new sector benchmarks.
Unlike conventional diagnostics, AI-driven solutions deliver automated, intelligent insights into vehicle health and performance, providing real-time problem-solution recommendations. This approach minimises the need for physical inspections/repairs, but also integrates into customers’ lives by offering remote support.
By combining AI with remote diagnostics, DC Connected Car redefines vehicle maintenance and customer convenience, solidifying its position as a standout player in the space, highlighted by its partnerships with major OEMs.
Extends to the insurance sector
In addition to the automotive repair sector, DC Connected Car is disrupting the insurance industry too. It partnered with Real Garant Versicherung AG to mark a new era of digitalisation, sustainable mobility, and future-orientated service design.
“With the cooperation with DC Connected Car GmbH, we expect to significantly contribute to environmentally friendly mobility solutions and to drive forward digitalisation in the automotive sector by providing digital solutions for warranty and service products,” added Suzana Janny, Head of Market Proposition at Real Garant Versicherung AG.
