Discovery Loft Inc. ^company

Our Ideas from Zero-to-SixtyTM Venture Studio cocreates cutting-edge Autotech solutions by partnering with organizations that share our vision. We harness machine learning, computer recognition and human intelligence to develop proprietary interfaces for commoditizing used vehicles, financing, insurance and how getting ourselves from point A to point B can become more efficient. We are passionate ideators who love to get things done. We thrive off finding an idea, crystalizing it and executing on its deployment and navigation towards its Proof of Value. Meeting like-minded entrepreneurs, collaborating with our business partners and discovering emerging technologies is our rocket fuel. Our Products PAVE What if we used computer recognition to let anyone capture a vehicle and complete an inspection using their phone and they could finish a full vehicle appraisal in under two minutes? Discovery Loft took an arsenal of emerging technologies like computer vision and machine learning and created the ultimate way of capturing and verifying a used vehicle to deliver a ridiculously easy user-experience. Take seven selfies of your car and let PAVE do the rest. With nothing to download, by only clicking a link opens PAVE's Mobile Capture Module that walks you through a gamified experience that uses the native capabilities of your phone to capture seven images of your car. The platform then analyzes these images to gather the vehicle details, including not only the VIN, Year, Make and Model but also the trim, interior and exterior colour and even the mileage. PAVE then inspects the interior and exterior for defects, gives the vehicle a grading and generates a vehicle condition report including the estimated reconditioning cost. All within the two minutes it would take you to walk around your car. PAVE's open API service allows developers to integrate its Mobile Capture Module or its image recognition and inspection engine into any digital workflow. Making the process of capturing and validating the condition of a vehicle this simple for anyone to use, from anywhere - PAVE's APIs opens up the door for many possibilities. Gaining this capability can allow for the automation of giving someone a transparent and accurate (vehicle-specific) trade-in value from anywhere within minutes and all the customer needs is access to a PAVE link from the retailer or OEM. A link delivered as a text message, QR code or button on a mobile app or website. PAVE is also an ideal way to capture a vehicle's details and condition report to fit an auction's workflow for onboarding cars for both the physical sale and remotely by giving anyone an easy way to post cars on your marketplace directly. You may not even need the UI, connect your vehicle capture or imaging solution into PAVE's inspection engine and be able to provide instant vehicle condition reports for the vehicles you are already capturing with your hardware. PAVE's APIs do work amazingly for these use cases and many more. Backdrop.ai Image Background Replacement API Service We love to find byproducts as we build other solutions and Backdrop.ai is one of those stories. As we were working with one of our integration partners for PAVE, they needed to change the backgrounds on the vehicle images that their system captures for dealers to use for inventory merchandising. To our surprise, they couldn't find an active API service to do this, and they were outsourcing this process to have it manually done. This process took them 24 hours to complete at the cost of 4 USD a car. Well, we love object recognition, so we took on the challenge. Backdrop.ai is an API service that we built so that their solution can send three images (the original car image, a replacement background and an overlay to promote the dealer and their value proposition on each photo) and within milliseconds the API will post enhanced images back for their system at a fraction of the cost they were paying. In April 2019 we are making Backdrop.ai open to all developers and solution providers in automotive - so they too can also deliver this added benefit to their dealers. With Backdrop.ai every captured vehicle image can be enhanced for digital merchandising of a dealer's inventory. For car images captured during a snow day, you no longer have to retake the shots if the car is still in stock when Spring hits. Dealers can finally use the images taken by the auction to start merchandising their purchases as soon as they are the high bidder on the car. Save the space and money on buying your dealership that fancy photo booth, a vehicle can now be captured anywhere and merchandised with a consistent background and message automatically by using the Backdrop.ai API service.