DeGould raises significant investment from key players

1st October 2019

DeGould has raised significant investment from key players in the automotive sector.

In order to deliver on increasing demand from some of the world’s leading OEMs and their supply chains, DeGould has secured a significant multi-million-pound investment from US-based industry execs and investors. This is the second raise of funding for DeGould following an earlier seven-figure investment in 2018.

The capital injection will be used to further enhance the product offering with a focus on artificial intelligence development to strengthen the capabilities of the Auto-scan and Auto-image systems. Furthermore, it will be used to meet the current global roll-out demands for modular Auto-scan booths and explore new applications for the market-leading automated vehicle imaging technology.

With the investment comes additional expertise to the DeGould board, including Mark McNabb from the Van Tuyl Company, who has previously held several senior automotive roles including Mercedes Benz US, Nissan, GM, Maserati and Volkswagen North America, and comments “I am excited about the company and the technology they have brought to market. I believe digital imaging and inspections are the future of damage detection and will have a profound impact from the point of production all the way through the finished vehicle logistics chain”.

“This is another exciting chapter in the DeGould journey and we’re delighted to have new investors and board members joining us. It’s a credit to the great team we have built and underlines the success to date, but we’re certainly not sitting back and relaxing now. The next few months will see some exciting new appointments and announcements as we push forward with increasingly sophisticated products to meet the market demand and to stay as the number 1 provider in this sector of auto-imaging and digital inspections”. Ed Jones, CEO, DeGould.

DeGould is the market leader in the finished vehicle logistics sector for this technology, having first introduced the concept in 2012, and having established a network of operational systems with leading OEMs and global ports on 3 continents. The new investment means DeGould is now capitalised, and with the introduction of several leading auto execs to the board, it is exciting times ahead for the company.

DeGould recently introduced Auto-image, alongside their established Auto-scan solution. Auto-image is aimed at the used vehicle remarketing sector producing retail ready vehicle images in just a few seconds. Both systems are also capable of detecting damages, defects and non-conformities, increasing quality and consistency while reducing time and money compared to traditional manual inspection processes.

To find out more about DeGould’s Automated Vehicle Imaging Solutions, please get in touch with a member of the team using the contact details below.


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