News and Announcements
ProofTec launches a pilot with Avis Budget, technology now supports tablet devices
- Published January 17, 2021 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
ProofTec has recently launched a pilot with Avis Budget (NSW South East) across multiple locations.
As part of the pilot, we are excited to announce ProofTec extended the range of supported devices to tablets, in order to leverage the customer’s existing infrastructure and workflow.
Although images captured by tablet cameras are different from what we’re used to on smartphones, the quick extension is a testament to the versatility and robustness of our vision AI technology platform. This paves the way for faster roll-outs with both car rental and car share operators.
We are looking forward to providing them with the great results and service reported by all our other satisfied customers!
About ProofTec
ProofTec provides Damage Attribution – as – a – Service and is focussed on the management of physical assets across a multitude of industries. Our asset condition assessment platform leverages our proprietary AI image processing algorithm to identify both existing and new (incremental) changes to the exterior condition of an asset, across different time-periods.
Prooftec is already backed by Halkin Venture Partners, has been accepted into the CSIRO Kickstarter program, and was picked as one of the winners of the NSW Pitch@Palace 2019.
Company Updates
Forget Startups: Why Magnetic Alliance is Betting on “Boring” Mid-Market Turnarounds
While Australia’s venture capital scene spent years chasing unprofitable tech startups and speculative high-growth plays, Mark Lim was quietly taking a radically different path. The Managing Partner of Magnetic Alliance Capital sees the nation’s richest investment opportunities hiding in plain sight: inside thousands of unglamorous, profitable, but operationally sluggish mid-market businesses. Speaking on Wholesale Investor’s […]
The asset class where the market has no vote
Litigation funding returns are decided in a courtroom, not a cycle. Knightsbridge’s Head of Capital is careful to call that a different risk rather than a lower one, and his answer to it is spread, not concentration. Most alternative assets still answer to something. Property answers to rates. Private credit answers to defaults. Even the […]
The listing fee vendors pay whether the house sells or not
Australia’s property portals collect more than $2 billion a year while national listings sit flat. An Australian-built AI platform is targeting the economics, not just the interface. An Australian vendor listing a home pays a vendor-paid advertising fee on top of agency commission. Rama Dwarapudi, Founder and Chief Executive Officer of RealSearch, puts a typical […]
Backed By Leading Investment Groups and Family Offices
