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NGRAIN logo — company profile

NGRAIN

Founded 2000 Canada Canada 17 employees Grant Total: $21.97M Education, Mobile +1

General Information

Company Name NGRAIN
Founded Year 2000
Location Canada Canada
Employees 17
Industries Education, Mobile, VR/AR
Funding Stage Grant
Social

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About NGRAIN

NGRAIN is a Canadian tech company founded in 2000. Specializing in the fields of Education, Mobile, and VR/AR, the company's flagship offerings revolve around leveraging cutting-edge artificial intelligence to automate the assessment of damage to vehicles and property. Trusted by prominent entities in 27 countries worldwide, NGRAIN's solutions are credited with streamlining the cost of insurance claims, expediting MRO inspections of aircraft, and ensuring the accuracy of every inspection from the first attempt. NGRAIN's proprietary AI stands out in objectively and accurately appraising cars, aircraft, and other property for damage such as dents or dings, outperforming manual inspections. The utility is further enhanced by the utilization of metrology-grade scanning technology, resulting in precise 3D scans that create a digital audit trail crucial for inspection processes, dispute resolution, and fraud prevention. Besides, NGRAIN's solutions are not constrained by CAD or reference nominals, making them universally compatible across assets and environments. The company secured a significant $9.50M grant investment on June 26, 2013 from the Strategic Aerospace and Defence Initiative, signifying recognition and support for its pioneering work. NGRAIN's ability to securely upload damage data to the NGRAIN Cloud or local hosting, and subsequently providing on-site crucial information, including damage counts, locations, and measurements alongside AI-assisted estimates and recommendations, reinforces its position as a vital player in the damage assessment domain.

Business keywords: 3D Technology, Visual Inspection, Damage Assessment, Insurance Solutions, Aerospace Innovation, Automated Inspection, Metrology-grade Scanning, Digital Audit Trail, Cloud Hosting, AI-assisted Estimates, Interactive 3D Visualization, Augmented Reality, Technology Innovation

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $9.50M 1
Strategic Aerospace and Defence Initiative
Strategic Aerospace and Defence Initiative
26 Jun 2013
Venture Round $12.47M 1
Hawthorn Equity Partners
Hawthorn Equity Partners
30 Apr 2007

NGRAIN Alternatives & Competitors

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NGRAIN vs
Bublar
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HoloNext
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FAQ About NGRAIN

NGRAIN offers complete solutions that automate the assessment of damage to vehicles and property, backed by cutting-edge artificial intelligence. Trusted by leading organizations in 27 countries around the world, NGRAIN is reducing the cost of insurance claims, expediting MRO inspections of aircraft...
NGRAIN was founded in 2000.
NGRAIN is headquartered in Canada.
NGRAIN operates in Education, Mobile and VR/AR. Its work centres on 3D Technology, Visual Inspection, Damage Assessment and Insurance Solutions.
NGRAIN has approximately 17 employees.
NGRAIN has completed 2 funding rounds, raising a total of $21.97M. The latest funding stage is Grant.
Top alternatives and competitors to NGRAIN include Bublar, sphira., HoloNext, TechSee. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NGRAIN and Bublar are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for NGRAIN, https://bouncewatch.com/company/ngrain, updated 20 December 2024. When citing, please name BounceWatch and link this page.

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