IVEX vs understand.ai

IVEX logo

IVEX

Automotive Safety Testing Technology

35 employees · est. 2018 · Belgium

VS
understand.ai logo

understand.ai

We are the annotation partner for your autonomous journey

52 employees · est. 2017 · Karlsruhe, Germany

understand.ai is the older company (2018 vs 2017); understand.ai is the larger of the two.

Side-by-Side Comparison

IVEX understand.ai
Founded
2018 2017 older
Headquarters
Belgium Karlsruhe, Germany
Employees
35 52 larger
Funding Stage
Series A Acquired
Total Funding
$7.30M $2.80M
Funding Rounds
2 4
Services
NCAP Evaluator, Data Analytics Platform, Trajectory Checker, On-Road SLIF Evaluation, Solution Integration ground truth platform, annotation projects, data pipeline management, API documentation, data quality assessment, advanced automation solutions
Target Customers
ADAS Engineers, Autonomous Vehicle Developers, Vehicle Safety Analysts, Transportation Infrastructure Planners automotive industry, logistics sector, agriculture operations, mining companies, construction firms, rail sector
Taxonomy
Automated VehiclesADASDriver Assistance SystemsAutonomous DrivingSafety PerformanceTesting And Validation +7 AI-driven Data AnnotationAutonomous DrivingSelf-driving CarsADAS/AD Project ExperienceDeep Learning ApplicationsGround Truth Validation +9
Website
ivex.ai understand.ai
IVEX logo

About IVEX

IVEX, founded in 2018 and headquartered in Belgium, develops cutting-edge tools and software components to validate and ensure the safety performance of automated vehicles, notably those operating at levels L2-L3-L4. Their tagline, "Repeatable and Scalable testing & validation for L2-L3-L4 vehicles,...

understand.ai logo

About understand.ai

understand.ai, founded in 2017 and headquartered in Germany, positions itself as a pivotal entity in the autonomous driving ecosystem. Specializing in deep learning and data annotation, the company serves as a crucial partner for companies embarking on autonomous vehicle projects. Their slogan, "We...

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Frequently Asked Questions

IVEX was founded in 2018, based in Belgium, with 35 employees. IVEX, founded in 2018 and headquartered in Belgium, develops cutting-edge tools and software components to validate and ensure the safety performance of automated vehicles, notably those operating at. understand.ai was founded in 2017, based in Karlsruhe, Germany, with 52 employees. understand.ai, founded in 2017 and headquartered in Germany, positions itself as a pivotal entity in the autonomous driving ecosystem. Specializing in deep learning and data annotation, the company se.
IVEX has raised $7.30M and understand.ai $2.80M. Latest stage: IVEX Series A, understand.ai Acquired.
Both list autonomous driving and cloud-based solutions among their focus areas.

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Compiled from the BounceWatch company index. We last looked at IVEX on 6 Jul 2026, and understand.ai on 12 Mar 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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