CarMax

CarMax is a prominent used car retailer that simplifies the car buying experience through its user-friendly online platform. Customers can easily search for both new and used vehicles, access detailed information about pricing, specifications, and features, and compare different models to make informed choices. The company is known for its transparent buying process, which includes a no-haggle pricing policy and a 7-day return policy, ensuring a stress-free purchasing experience. In addition to its extensive vehicle selection, CarMax offers financing options and vehicle protection plans, positioning itself as a comprehensive solution for car buyers looking for convenience and reliability.

Charles Joseph Wilson

Executive Vice President, COO

3 past transactions

UVeye

Series D in 2023
UVeye is a computer vision company that creates automatic inspection systems for vehicles since 2016. The systems provide complete visibility and enhanced customer experience scanning the underbody, tires, and complete exterior of any type of vehicle within seconds while utilizing a unique combination of machine learning and artificial intelligence algorithms. The company has installed systems in over 200 sites including dealerships, auctions, and fleets all across the world. During 2022 both Volvo Cars and General Motors have announced national programs to incentivize their dealer networks to install UVeye for both services and used car applications. Some of the issues detected by the system include oil leaks, rust, paint scratches and dents, tire issues such as side-wall damage or low tread depth, uneven wear which could lead to an alignment, missing parts, broken parts, and exhaust-system issues. UVeye is backed up by strategic investors such as Carmax, Volvo Cars, Toyota Tsusho, Hyundai Motor Cars, General Motors, and W.R. Berkley. Additional information is available at www.uveye.com.

Cresta

Series C in 2022
Cresta uses artificial intelligence to assist sales and service agents with customer service tasks. it provides tools for managing inquiries. Cresta focuses on facilitating communication between agents and customers.

UVeye

Series C in 2021
UVeye is a computer vision company that creates automatic inspection systems for vehicles since 2016. The systems provide complete visibility and enhanced customer experience scanning the underbody, tires, and complete exterior of any type of vehicle within seconds while utilizing a unique combination of machine learning and artificial intelligence algorithms. The company has installed systems in over 200 sites including dealerships, auctions, and fleets all across the world. During 2022 both Volvo Cars and General Motors have announced national programs to incentivize their dealer networks to install UVeye for both services and used car applications. Some of the issues detected by the system include oil leaks, rust, paint scratches and dents, tire issues such as side-wall damage or low tread depth, uneven wear which could lead to an alignment, missing parts, broken parts, and exhaust-system issues. UVeye is backed up by strategic investors such as Carmax, Volvo Cars, Toyota Tsusho, Hyundai Motor Cars, General Motors, and W.R. Berkley. Additional information is available at www.uveye.com.
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